The crypto asset market in Vietnam is gradually transforming from a potential field to an indispensable part of the digital economy. In recent years, the increasing interest of individual investors, along with the speed of technological development and political determination from the Government, has created a favorable environment for digital assets to enter the official development stage.
No longer a strange concept, crypto assets are being XEM as a new financial tool, capable of expanding Capital mobilization channels, reducing dependence on cash and promoting transparency in transactions. The Vietnamese government is gradually building a clear legal framework, starting with the deployment of pilot exchanges with a minimum charter Capital requirement of VND 10,000 billion, transactions in VND and strict compliance with regulations on anti-money laundering and terrorist financing.
Which industries in Vietnam will benefit from the crypto asset market?
According to analysis from VinaCapital, three industry groups will clearly benefit from this move. First is the banking industry, especially the units selected to cooperate with the pilot exchange. Direct connection with digital asset platforms will help banks access payment fee sources, user data and expand digital asset custody and lending services. The “digital asset bank” model is gradually taking shape, promising to create a new financial ecosystem. In fact, the stocks of banks such as MBB and TCB have increased sharply over the past year, reflecting the market's expectations of this potential.
Next are securities and brokerage firms. As Capital flows from international platforms return to the domestic market, these units will benefit from volume, fees and market data. At the same time, investment funds based in Vietnam will have the opportunity to launch new products such as Bitcoin funds or diversified digital asset funds, serving the needs of insurance organizations, pension funds and financial institutions.
Another area that cannot be ignored is blockchain infrastructure and Tokenize. Leveraging the state-sponsored NDAChain platform will enable the Tokenize of trade invoices, carbon credits and other real assets. This opens up new Capital models, increasing liquidation and transparency for traditional assets.
In addition, the information technology and cybersecurity industry will also play a fundamental Vai in building and operating the digital asset system. Enterprises providing security solutions, data storage, transaction authentication and risk monitoring will become indispensable partners in the market development process.
Beyond finance, industries such as supply chain management, renewable energy and real estate will also benefit from the adoption of blockchain and crypto assets. Tokenize carbon credits makes trading easier, while real estate can reach retail investors through digital assets.
With an increasingly complete technological platform, the active participation of individual and institutional investors, and clear political determination, Vietnam is laying the foundation for a transparent, highly liquidation and trustworthy crypto-asset market. If implemented effectively, this will be an important driving force for the sustainable development of the digital economy.
