Investors focus on transparency
Mr. Le Bao Nguyen - Deputy General Director of SSI Digital Technology Joint Stock Company (SSI Digital) assessed that the digital asset market in Vietnam is developing in a more methodical direction. After a long period of spontaneous development and lack of a complete legal corridor, the Government's issuance of Resolution 05/2025/NQ-CP on piloting the management and transaction of digital assets is an important step forward to form a transparent and safe market.
He said that some recent negative incidents have made investors more cautious, but this is a natural screening process.
Every market must go through a testing phase before forming operational standards. A positive thing is that more and more investors are interested in the transparency, safety and compliance of trading platforms. This change in awareness is an important foundation for the market to develop sustainably in the long term, he said.
Regarding factors to help the digital asset market develop sustainably, Mr. Nguyen said that it is necessary to simultaneously combine three factors: Clear legal framework, safe technology infrastructure and correct awareness of participants.
SSI Digital Deputy General Director emphasized that clear and stable legality is a prerequisite. Businesses can only invest long-term when the rules are transparent; investors can only rest assured when they understand the rights and risks are protected. According to him, Resolution 05 is an encouraging start, but the important thing is the way to implement it in practice to both encourage innovation and control risks. In addition, technology and risk management are vital factors.
The third factor is to improve investor awareness. He recommended that participants need to have knowledge and alertness to invest responsibly, thereby helping the market develop healthily, avoiding trendy fluctuations. These platforms are expected to become a support for the market to enter a new phase, when digital assets can directly contribute to real economic activities.
Vietnam is entering a new phase of the digital economy
According to Dr. Nguyen Tri Hieu, Director of the Global Institute for Financial and Real Estate Market Research and Development, Vietnam is entering a new phase of the digital economy, where digital assets and blockchain technology become growth drivers. Asset encryption, especially in the real estate sector, is expected to create an effective capital mobilization channel, reducing dependence on bank credit. When the project is completed and has clear legal status, the investor can issue digital assets to the public to attract capital instead of only borrowing medium and long-term capital. This mechanism helps banks reduce liquidity risks, businesses proactively flow capital, and investors have new profit options.
In addition, recognizing cryptocurrency assets also creates opportunities to attract foreign investment capital to Vietnam. Real estate - a field with high value and high attraction - can become a breakthrough channel in the early stages. Along with that, the construction of a cryptocurrency asset exchange will contribute to promoting financial technology, improving cybersecurity capacity and risk management in the banking and financial system.
Therefore, Resolution No. 05 on digital assets is a historic step forward, opening up many great opportunities in Vietnam's financial management mechanism.
