TPHCM

At the meeting with the Central Policy and Strategy Board regarding economic growth targets, General Secretary To Lam proposed studying the establishment of a digital asset exchange in Vietnam. This could be an important step to bring digital assets into the legal framework, promoting economic development and avoiding missed opportunities in modern finance.
A Legal Framework is Needed for Digital Assets
Currently, Vietnam still does not have a specific definition of virtual currency and virtual assets. The regulations mainly refer to cryptocurrencies pegged to fiat currency, such as bank prepaid cards or e-wallets. Meanwhile, types of digital currencies like $BTC , $ETH have become popular digital assets worldwide.

🚀 Vietnam is preparing to test cryptocurrency trading in the financial center starting from July 1, 2026. This is an important step in legalizing and managing the crypto market, opening up development opportunities for fintech and blockchain.
Sandbox testing for cryptocurrencies
📌 According to the draft resolution from the National Assembly, digital asset and cryptocurrency transactions will be tested under a sandbox model in the financial center.