Blockchain: A new era for Vietnam (P.1)

Vietnam is entering a new era in its blockchain journey, marked by the recent adoption of Resolution 05, which authorizes a five-year pilot program for regulated digital asset exchanges. This landmark move formalizes the country’s shift from a long-standing legal gray zone to a structured framework that recognizes blockchain as part of its financial future. The implementation will be built upon established global models while tailored to Vietnam’s unique characteristics, ensuring both alignment with international standards and greater market confidence. By addressing existing limitations and fostering transparent, compliant infrastructure, the framework aims to unlock the immense potential of blockchain across diverse investment products. As blockchain continues to gain global traction, Vietnam’s official embrace of this technology brings it closer to advanced markets, promoting integration, innovation, and new investment opportunities.