Vietnam Legalizes Crypto and Launches National Tech Strategy
Vietnam’s National Assembly has passed a major new law that legalizes digital assets and outlines a national strategy for advancing key technologies. The “Law on Digital Technology Industry,” set to take effect on January 1, 2026, is the country’s first legislation to define and regulate crypto assets.
The law introduces two categories: virtual assets and crypto assets, excluding traditional financial instruments like fiat currency and securities. Under the new rules, authorities will classify, monitor, and regulate digital asset activity. The legislation also includes strict measures to prevent money laundering, terrorism financing, and cybercrime—aiming to bring Vietnam in line with international standards and potentially remove it from the Financial Action Task Force’s (FATF) gray list.
Tech Strategy Targets AI, Semiconductors, and Skilled Talent
Beyond crypto regulation, the law forms part of a broader national push to strengthen Vietnam’s role in global technology. The country plans to support innovation in artificial intelligence (AI), semiconductors, and digital infrastructure by offering tax incentives, land-use benefits, and targeted funding.
Local governments will help train and recruit talent for high-tech industries, especially in AI and chip manufacturing. The plan includes expanded R&D support and workforce development programs to meet growing global demand.
Vietnamese officials say the law reflects a long-term strategy to compete in the global digital economy. The government also intends to promote AI risk management policies and integrate digital literacy and technology training into the national education system.
A Strategic Pivot Toward Digital Leadership
Vietnam’s move signals a shift from following global tech trends to helping shape them. By legalizing digital assets and backing emerging technologies, the country hopes to attract foreign investment, boost innovation, and secure its place in the global tech supply chain.
Featured image from: cointelegraph.com