Making money from the world in the digital asset sector, what should Vietnam do?

Infrastructure, human resources, security... are key issues to develop the digital asset market. In which, infrastructure and security will answer the question 'why do investors have to transfer digital assets to Vietnam?'.

Vietnam is about to have many units establishing digital asset trading floors - Photo: AI drawing

At Vietnam Blockchain Day 2025, a representative of the Department of Information Technology Industry, Ministry of Science and Technology also emphasized that the "most difficult" thing is how Vietnam can use blockchain and crypto to earn money from the world, not the world taking money from Vietnam.

Attracting staff working at digital asset exchanges to Vietnam

In an interview with Tuoi Tre Online about the above question, Mr. Mai Huy Tuan - CEO of SSID - said that for the digital asset market to develop, Vietnam must simultaneously prepare both "hard" and "soft" infrastructure.

Hard infrastructure is the technology platform and operating systems, while soft infrastructure includes policy, legal and community.

According to this person, Vietnam possesses a significant human resource in the blockchain field, as many Vietnamese technology engineers are holding key roles at international exchanges such as Bybit, OKX or Binance.

Mrs. Trang Phung

The important issue is how to get these talents to return and contribute to the country through a favorable environment, attractive remuneration mechanisms and long-term development opportunities, Mr. Tuan said.

Discussing the issue of human resources, Ms. Trang Phung - CEO of U2U Network - also believes that this is a key factor in creating a strong digital asset industry.

According to her, Vietnam needs to develop policies and training programs early, bringing knowledge about blockchain, programming and business administration to high school or university level.

In fact, businesses have implemented this model by recruiting interns from domestic universities, providing intensive training and facilitating their participation in international blockchain conferences.

Hire big security auditing firms

Regarding security - the top concern when talking about digital assets and answering the question "why do investors have to transfer digital assets to Vietnam?", Ms. Trang Phung emphasized: blockchain technology is inherently safer than traditional centralized systems, because data is distributed and stored on many different network nodes. This helps protect data even if a server is attacked.

However, the biggest risk still lies on the user side, from application interfaces to the level of awareness of sophisticated scams. Therefore, according to the CEO of U2U Network, raising community awareness is still an indispensable layer of defense.

When compared with financial centers such as Singapore, Hong Kong or Dubai, Mr. Mai Huy Tuan admitted that Vietnam is in the position of a latecomer and can hardly compete directly.

However, he affirmed that being behind does not mean failure. The important thing is to find your own way, take advantage and lead the trend. With the right legal corridor and the right direction, Vietnam can even become a new financial center in the region.

From the perspective of building infrastructure for this field, Ms. Trang Phung emphasized: for blockchain "Made in Vietnam" to not only be limited to the domestic market but also connect with the world , three factors need to be met.

The first is to build an open infrastructure according to international standards, aiming at global needs instead of just serving the domestic market. The second is to ensure interoperability between blockchain networks, helping Vietnamese businesses expand abroad without integration obstacles. And finally, to simultaneously solve the three major problems of the industry - scalability, security and decentralization - which is known as the "Blockchain Trilemma".

However, at the same time, cooperating with reputable security auditing companies in the world for independent review is still a necessary step to maintain objectivity and minimize risks.

BINH KHANH

Source: https://tuoitre.vn/kiem-tien-tu-the-gioi-trong-mang-tai-san-so-viet-nam-phai-lam-gi-20250905202925632.htm