Recently, the Vietnamese government's regulatory attitude towards cryptocurrency has gradually become clearer, actively promoting the formulation of relevant legal frameworks to balance innovation and risk prevention. On one hand, the authorities have acknowledged the existence of digital assets and are studying central bank digital currency (CBDC); on the other hand, they have also intensified efforts to combat illegal transactions and fraudulent projects. This trend towards normalization is expected to provide a clearer development environment for blockchain startups in Vietnam, while also attracting international capital interest. In the future, Vietnam is expected to become an important hub for the development of the cryptocurrency industry in Southeast Asia, and its policy direction is worth continued attention.