Vietnam could officially launch its cryptocurrency and digital asset market as early as the third quarter of 2026, according an announcement by Mr. Nguyen Duc Chi, Deputy Minister of Finance,  at the Digital Trust in Finance 2026 forum held on May 12.

Addressing the event, themed “Building Digital Financial Trust in the AI Era,” Mr. Chi highlighted the government’s commitment to advancing the digital economy under the Politburo's Resolution 57-NQ/TW, which outlines strategic breakthroughs in science, technology, innovation, and national digital transformation. The resolution targets a digital economy accounting for at least 30% of GDP by 2030, with 80% of transactions conducted cashlessly and more than 40% of enterprises engaged in innovation activities.

To achieve these goals, the Ministry of Finance has launched several large-scale digital transformation projects aimed at improving services for citizens and businesses. These include information technology systems for digital customs operations, redesigned digital tax administration processes, and modernized state budget management systems.

A key development is the ministry’s coordination with the Ministry of Public Security and the State Bank of Vietnam to approve five companies to provide services for organizing and operating digital asset trading platforms in the country.

“We believe that, as early as the third quarter, Vietnam could witness the first official activities of its crypto asset market, operating under a framework designed to ensure safety and transparency,” Mr. Chi announced.