Current Status of Blockchain Technology Development in Vietnam
Vietnam is one of the fastest-growing countries in Southeast Asia in terms of blockchain technology development, with the government listing blockchain as a key technological area. In 2024, the Ministry of Science and Technology in Vietnam will promote several blockchain pilot projects covering supply chain, finance, and public services. Many local startups such as Kyber Network and Axie Infinity (Sky Mavis) have emerged globally. Although cryptocurrency regulation remains unclear, Vietnam is active in blockchain innovation, with the government encouraging technology research and development rather than speculative trading.