Vietnam's Blockchain Association has been rebranded as the Vietnam Blockchain and Digital Assets Association.

The Vietnam Blockchain and Digital Assets Association (VBA) has revealed a new 5-year strategic plan (2025-2030) that positions technology as a driving force for innovation, enhancing national competitiveness, and contributing to Vietnam's presence on the global digital economy map.

The strategic plan, approved unanimously during the Association's Extraordinary General Meeting in 2025, focuses on supporting at least 50 domestic enterprises to deploy blockchain-as-a-service (BaaS) solutions on the VBSN platform, piloting at least three public services using blockchain, and developing two fintech initiatives applying blockchain in the financial and banking sectors.

Aligning with National Blockchain Strategy

This plan aligns with Vietnam's broader national blockchain strategy, aiming to establish the country as a regional leader in blockchain by 2030. Notably, Decision No. 1131/QĐ-TTg issued on June 12, 2025, lists blockchain among 11 strategic technologies. The decision was made in the context of Vietnam issuing strategic policies for the development of blockchain and digital assets.

On October 22, 2024, the Prime Minister of Vietnam signed Decision No. 1236/QĐ-TTg to announce the National Blockchain Strategy, aiming for Vietnam to become a regional leader with international standing in blockchain by 2030.

Integration and Innovation

The plan emphasizes promoting the integration of blockchain technology and digital assets into Vietnam's legal, financial, and public service systems, supporting global digital transformation participation. The Digital Technology Industry Law, passed on June 14, 2025, officially recognizes digital assets as legally protected assets.

The VBA aims to lead the development of Vietnam's digital assets market and blockchain ecosystem, starting with the VBSN. To achieve this, the Association will expand its leadership and expertise, leveraging the recognition of digital assets under the law.

Public Services and Fintech Initiatives

The VBA will pilot at least three public services using blockchain and develop two fintech initiatives applying blockchain in the financial and banking sectors. Ms. Nguyễn Vân Hiền, Vice Chairwoman and Secretary General of VBA, stated that the name change affirms their determination to promote the integration of blockchain technology and digital assets into Vietnam's legal, financial, and public service systems.

Expanded Leadership

The General Meeting of VBA also approved the addition of eight new Executive Committee members, expanding the leadership body to 28 members. The new name, Vietnam Blockchain and Digital Assets Association (VBA), reflects a shift in focus from promoting blockchain technology to leading the development of Vietnam's digital assets market and blockchain ecosystem.

The Association received support from the Ministry of Home Affairs and the Ministry of Science and Technology in its renaming decision. Mr. Phan Đức Trung was reappointed as Chairman of VBA, alongside three Vice Chairwomen and Chairmen: Ms. Nguyễn Vân Hiền, Mr. Nguyễn Trọng Khang, and Mr. Phan Chiến Thắng.

The Vietnam Blockchain and Digital Assets Association (VBA) is committed to promoting the development of the Vietnam Blockchain Service Network (VBSN) toward a comprehensive, sustainable national-scale blockchain ecosystem. This strategic turning point marks a significant step in redefining the role, mission, and vision of the VBA in the rapidly evolving digital landscape.

[1] Vietnam News, "Vietnam to become regional leader in blockchain by 2030," [accessed 2025-10-01]. [2] VNA News, "Vietnam issues strategic policies for blockchain and digital assets development," [accessed 2025-10-01].

The Vietnam Blockchain and Digital Assets Association (VBA) aims to lead the development of Vietnam's digital assets market and blockchain ecosystem, with a focus on supporting at least 50 domestic enterprises to deploy blockchain-as-a-service (BaaS) solutions on the VBSN platform.
The strategic plan aligns with Vietnam's national blockchain strategy, aiming to establish the country as a regional leader in blockchain by 2030, and lists blockchain among 11 strategic technologies.
The VBA will pilot at least three public services using blockchain, and develop two fintech initiatives applying blockchain in the financial and banking sectors, supporting the integration of blockchain technology and digital assets into Vietnam's legal, financial, and public service systems.
The VBA's new name, Vietnam Blockchain and Digital Assets Association (VBA), reflects a shift in focus from promoting blockchain technology to leading the development of Vietnam's digital assets market and blockchain ecosystem.
The VBA is committed to promoting the development of the Vietnam Blockchain Service Network (VBSN) toward a comprehensive, sustainable national-scale blockchain ecosystem, contributing to Vietnam's presence on the global digital economy map and enhancing national competitiveness through technology and digital innovation.

Vietnam's Blockchain Association has been rebranded as the Vietnam Blockchain and Digital Assets Association.