Vietnam is at a turning point in its approach to digital assets. As regional players accelerate the establishment of clear regulatory norms, Vietnam's evolving crypto policy could either open new horizons for innovation or stifle growth. Recent government steps to explore a clearer legal framework are encouraging, especially for blockchain-based startups and Web3 developers. A balanced crypto policy could help Vietnam become a hub for digital finance in Southeast Asia. Investors and innovators are closely monitoring the situation. Clarity in regulation will not only protect users but also attract international capital and talent