On the afternoon of January 6th in Hanoi, Prime Minister Pham Minh Chinh attended the conference summarizing the financial sector's performance in 2025 and outlining tasks for 2026. He emphasized the need for breakthroughs in thinking, institutions, and especially in new areas such as digital assets, the digital economy, and digital transformation. The Prime Minister affirmed that achieving double-digit growth from 2026 onwards is a major challenge but a necessary one, requiring the financial sector to take the lead in innovation and decisive action.
In his directive, the Prime Minister requested the Ministry of Finance to play a pioneering Vai in building institutions for new economic models, shifting management thinking towards development-oriented approaches, and creating legal space for the controlled development of financial technology, digital assets, and blockchain-based business models. Completing the legal framework for digital assets is XEM one of the key tasks aimed at both promoting innovation and ensuring national financial security and effective risk management.
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Notably, the Prime Minister requested that the Ministry of Finance grant licenses to businesses to participate in the pilot program for the cryptocurrency market under the Sandbox mechanism before January 15th. This is considered an important step to test the policy within a controlled scope, creating a foundation for the formation of a transparent and regulated digital asset market in Vietnam, in line with international trends as many major economies are accelerating the legalization and supervision of this sector.
Alongside digital assets, the Prime Minister emphasized that the financial sector must take the lead in digital transformation, building and exploiting big data, and governing policies based on data and technology. Digital finance, together with digital assets, is expected to become a new growth engine, contributing to expanding budget revenue, improving the efficiency of Capital allocation, and promoting the private sector and innovation.
