As blockchain and digital technologies shape the future economy, the role of women is increasingly recognized as pivotal in building a diverse and sustainable tech ecosystem...
The newly developed software enhances transparency in crypto asset transactions, plays a vital role in promoting Vietnam’s digital economy, attracts foreign capital while ensuring market safety.
Set to take effect on January 1, 2026, the Law on Digital Technology Industry legally recognizes digital assets as a protected asset class for the first time in Vietnam.
The Vietnam Banks Association (VNBA) held a seminar on October 26 entitled “Opportunities and challenges to apply blockchain to operations in the banking and financial sector”. A representative from Vietcombank pointed out the many obstacles for banks in applying blockchain, including the high cost of research and infrastructure investment and the long period needed to synchronize transition with other systems. A TPBank representative said it is necessary for banks to pilot a sandbox to successfully apply blockchain.
At the first Vietnam Blockchain Summit 2022, on October 19 and 20, experts said that Vietnam has among the greatest potential in blockchain and is a bright spot in the sector. More than 10 Vietnamese enterprises appear among the world’s top 200 blockchain enterprises, which is a foundation for blockchain projects in the country to continue to develop.
Forty-one of Vietnam’s 63 cities and provinces have prepared a smart city development project. At a conference on blockchain applications held on August 18, analysts said metropolises like Ho Chi Minh City and Hanoi have the potential to build smart cities if there are appropriate policies focusing on three platforms: the Internet of Things (IoT), human resources, and real estate.
DIG, a multinational blockchain technology corporation headquartered in Dubai, will co-found a world-class gaming studio called Wild Thunder Studio in Vietnam with the innovative use of blockchain technology.
Launched at the end of April under Decision No. 343/QD-BNV, the Vietnam Blockchain Association (VBA) has been gradually implementing measures to reach its goals, which include acting as a bridge linking members - both individuals and organizations - in the blockchain field in terms of cooperation, experience sharing, support, and helping each other in production and business.
At the Vietnam Blockchain Conference, held within the framework of the Vietnam-Korea Cooperation Forum (VIKO30), Mr. Park Bong Kyu, Chairman of the Marvels World Blockchain Summit, said: “Vietnam has an advantage in having many young, open-minded businesses. Many young people are involved in blockchain, so the industry in Vietnam has the potential to grow stronger and more dynamic than in South Korea.”
S.H.E Blockchain, which specializes in training female employees in the blockchain industry, was launched on July 12 and will contribute to partially resolving the shortage of human resources for blockchain projects. According to analysts, if Vietnam does well in training for the blockchain industry, it is completely possible to expand human resources in the field to other countries.
Blockchain startup Aura Network has successfully raised $5 million in two rounds of seed and strategic funding. Built on Cosmos SDK technology, it focuses on developing and extending NFT applications and aims to resolve challenges in the process of disseminating NFTs to mass users.
Vietnam is a very attractive blockchain market for investors, and many domestic and foreign funds are waiting to invest in local companies once the legal framework is completed, which the Ministry of Science and Technology has said will happen shortly.