Domestic securities firms, investment funds, and prominent technology companies both in and outside Vietnam are actively positioning themselves to tap into the country’s growing digital asset and cryptocurrency market.

VOV.VN - Vietnam is identified by Binance as a key market and a crucial link in its global digital asset development strategy, said Binance CEI Richard Teng at a forum on digital assets held in Ho Chi Minh City on July 15.

VOV.VN - The third training program for young leaders from border localities of Vietnam, Laos, and Cambodia is a time-honored tradition and a valuable asset that reflects the deep bonds and distinct identity shared by the three Parties.

The Ministry of Finance has submitted to the Government a draft decree on implementing a pilot programme for the issuing and trading of digital assets.

The State Securities Commission of Vietnam (SSC) and Monetary Authority of Singapore (MAS) on March 12 agreed to cooperate in safeguarding the integrity and stability of the countries’ capital markets, while fostering their connectivity.

VOV.VN - Vietnam will pilot the establishment of a cryptocurrency exchange as part of its efforts to develop and manage the digital currency market in an organized manner, said Deputy Minister of Finance Nguyen Duc Chi at a government press conference in Hanoi on March 5.

Authorities with potential responsibility for digital assets are stepping up moves for the development of a legal corridor where they will be covered.

Building legal frameworks for digital assets is an urgent need to effectively manage this expanding market, according to experts.

Vietnam ranked fifth globally in the 2024 Global Crypto Adoption Index, according to the US blockchain analysis firm Chainalysis.

In the dynamic global economic landscape, the asset management sector is emerging as a standout field, with rapid growth fuelled by wealthy, middle-class and high-net-worth investors, transitioning towards professional asset management models and high-tech applications.