TẠP CHÍ ĐIỆN TỬ
Vietnam Blockchain Association rebrands to embrace digital asset sector
Set to take effect on January 1, 2026, the Law on Digital Technology Industry legally recognizes digital assets as a protected asset class for the first time in Vietnam.
The Vietnam Blockchain Association (VBA) has officially rebranded as the Vietnam Blockchain and Digital Asset Association, a change unanimously approved at its 2025 Extraordinary Congress.
Effective on July 25, the move—while keeping the well-known "VBA" acronym—signals a major strategic pivot from a narrow focus on blockchain technology to championing the entire digital asset ecosystem in Vietnam. This transformation reflects the association's expanded mission to foster the development of a comprehensive and legally sound digital asset landscape.
Ms. Nguyen Van Hien, VBA's Vice Chairwoman and Secretary-General, said the new name affirms VBA’s commitment to integrating blockchain technology and digital assets into the nation's legal, financial, and public service frameworks.
The rebranding comes amid a rapidly evolving and favorable legal environment. A key catalyst is the Law on Digital Technology Industry, passed by the National Assembly on June 14, 2025. Set to take effect on January 1, 2026, this landmark legislation legally recognizes digital assets as a protected asset class for the first time in Vietnam.
This follows earlier Government initiatives that identified blockchain as a priority, including the National Blockchain Strategy (Decision 1236/QD-TTg) and the List of Strategic Technologies and Products (Decision 1131/QD-TTg).
Ms. Pham Thu Hang, Deputy Director of the Department of Non-Governmental Organizations at the Ministry of Home Affairs, said digital assets are a sensitive field, with potential for fraud and money laundering."
Therefore, she urged the association to promptly establish and enforce a Code of Professional Ethics to ensure its members operate transparently, ethically, and in full compliance with national regulations.
