The cryptocurrency policy in Vietnam is in the process of being finalized, with a cautious trend but not denying the potential of blockchain technology. The State Bank and the Ministry of Finance have repeatedly warned about the risks; however, the government is also studying the trial of central bank-issued digital currency (CBDC). Although there is no clear legal framework for crypto, individual investment activities are still vibrant. Vietnam is considered one of the countries with a high cryptocurrency acceptance rate, requiring timely flexible management policies that align with global trends.