A trusted “digital space” could help bring overseas blockchain businesses and digital assets back to Vietnam as the country builds the legal and technological foundations for its digital economy.

Vietnam has built world-class blockchain companies that remain highly active. Yet many share the same reality: their operating entities and revenue are based overseas, while their teams in Vietnam function mainly as “engineering hubs.”

Building Vietnamese-owned digital platforms could strengthen copyright protection, creator incomes and the country's cultural economy, industry experts argue.

The Pi cryptocurrency is trading at its lowest level since it was listed on cryptocurrency exchanges in February 2025, with prices hovering between US$0.071 and US$0.087 per token over the past 24 hours.

As Vietnam’s blockchain infrastructure layers such as NDADID and NDATrace become interoperable with international blockchain infrastructures, the country is positioned to build a production and trade ecosystem based on trust at the global level.

Vietnam has the youth, talent and digital readiness for blockchain. Now it needs a global outlook and better collaboration, says an international expert.

According to the World Economic Forum's 2025 report, Asia has surpassed North America in blockchain talent, with India, Vietnam, and Singapore standing out as emerging centers for blockchain workforce development.

Phan Duc Trung, chair of the Vietnam Blockchain and Digital Assets Association, says that building national blockchain infrastructure will help Vietnam master core technologies.

U2U Network currently serves over 1.4 million users globally, with more than 100 projects either operating on or committed to developing on the platform.

According to Phan Duc Trung, Chairman of the Vietnam Blockchain and Digital Assets Association, building a national blockchain infrastructure will help Vietnam master core technologies and safeguard its sovereignty over data and digital assets.

Blockchain is no longer simply a buzzword. Its recognition as strategic infrastructure underscores its growing role in ensuring data integrity, transparency, and trust across production, distribution, and consumption chains.

Several blockchain firms in Vietnam have restricted domestic users after Resolution 05/2025 was issued.

The government has issued a resolution on a digital asset market in Vietnam on a trial basis. Six months after the first licensed entity starts operations, all off-system digital asset transactions will be subject to legal action.

The gallery, a fusion of technology and art, where “dry lines of code are elevated into emotions”, traces the history of blockchain, from its nascent stages to global surge, encompassing bitcoin and the broader universe of digital assets.

Phan Duc Trung, Chair of the Vietnam Blockchain and Digital Asset Association, said countries and territories worldwide such as the US, Hong Kong (China) and Thailand have issued and amended regulations on digital assets.

The Vietnam Blockchain and Digital Asset Association (VBA), KuCoin Group, and 1Matrix Company signed a strategic MoU to boost blockchain infrastructure, expand digital asset use, and drive Vietnam’s digital economy.

At the GM Blockchain Security Forum 2025, Lieutenant General Nguyen Minh Chinh noted that security is a prerequisite for building digital trust and developing a safe, transparent, and sustainable blockchain ecosystem.

Experts believe that if Vietnam seizes the opportunity and establishes a timely legal framework, blockchain technology could become a strategic pillar in the country's digital economic growth and national digital sovereignty.

Vietnam is no longer just an emerging blockchain market, it is stepping into a leadership role, with global investors, developers, and experts recognising its growing potential to become a leading hub for digital assets in the region.