The #Vietnamese government has approved a new National Strategy. It deals with the application and development of blockchain technologies until 2025 with a perspective until 2030. According to the decree signed by Prime Minister Ho Duc Phoc, this is the key direction of the 4th industrial revolution. The main focus is on developing a robust digital infrastructure that will ensure data security and create conditions for the country's economy to grow.
As part of the strategy, by 2030, Vietnam aims to become a leader in the region in blockchain technology research and adoption. Among the ambitious goals are to create 20 reputable blockchain-based brands and maintain a minimum of 3 testing centers in the country's largest cities. Importantly, the plan also calls for Vietnamese institutions to be among the top 10 blockchain-related education and research institutions in Asia.
To achieve the goals, the government has developed a 5-year plan that includes improving the legal framework, building infrastructure for the blockchain ecosystem, developing human resources and international cooperation. Various ministries will participate in the implementation of the program.
These include the Ministry of Information and Communications, the Ministry of Education and Science, and the Committee of Cryptographic Technologies, which emphasizes the inter-ministerial nature of the project.
The Vietnam Blockchain Association (VBA) has a special role to play in the development of the blockchain industry, which will promote platforms and solutions created domestically. The organization plans to attract local technology companies, encourage information sharing and strengthen international competition. According to Phan Duc Trung, vice chairman of the VBA, the strategy will be an important step in building a transparent, secure and sustainable digital economy, which is in line with the government's long-term goals.
