The Government’s Resolution No. 05/2025/NQ-CP, issued on September 9, 2025, marked a milestone in piloting a crypto asset market in Vietnam and laying the groundwork for a new capital-raising channel.
Under the resolution, crypto assets must be backed by real-world assets and exclude securities and fiat currencies. They may initially be offered and issued only to foreign investors.
Experts said the approach could allow Vietnamese businesses to tokenise products and raise capital from global investors, particularly in real estate, renewable energy, infrastructure, logistics and agriculture.
Dr. Tran Quy, Director…
