100% of delegates approve renaming to Vietnam Blockchain and Digital Asset Affiliation
A consultant from the Ministry of Dwelling Affairs said that the brand new identify demonstrates VBA’s progressive imaginative and prescient and well timed adaptation to the rising digital belongings market. The renaming resolution was unanimously accredited by 100% of the Government Committee, members, and representatives from authorities companies together with the Ministry of Dwelling Affairs and the Ministry of Science and Know-how in the course of the Affiliation’s Extraordinary Common Assembly in 2025.
This occasion passed off within the context of Vietnam issuing a sequence of strategic insurance policies guiding the event of blockchain and digital belongings. On October 22, 2024, the Prime Minister signed Determination No. 1236/QĐ-TTg to announce the Nationwide Blockchain Technique, aiming for Vietnam to turn out to be a regional chief with worldwide standing in blockchain by 2030. In keeping with Determination No. 1131/QĐ-TTg issued on June 12, 2025, blockchain is listed amongst 11 strategic applied sciences. Notably, the Digital Know-how Business Legislation, handed on June 14, 2025 and efficient from January 1, 2026, formally acknowledges digital belongings as legally protected belongings.
In keeping with Ms. Nguyễn Vân Hiền, Vice Chairwoman and Secretary Common of VBA, “This identify change not solely displays our alignment with world developments but additionally affirms our willpower to advertise the combination of blockchain expertise and digital belongings into Vietnam’s authorized, monetary, and public service programs, serving to the nation to take part within the world digital transformation actively.”
The Common Assembly additionally accredited the addition of eight new Government Committee members, increasing the management physique to twenty-eight members. Mr. Phan Đức Trung was reappointed as Chairman of VBA, alongside three Vice Chairwomen and Chairmen: Ms. Nguyễn Vân Hiền, Mr. Nguyễn Trọng Khang, and Mr. Phan Chiến Thắng.
Chairman Phan Đức Trung outlines 5-year strategic plan (2025–2030)Waiting for the 2025–2030 interval, VBA goals to help at the least 50 home enterprises in deploying blockchain-as-a-service (BaaS) options on the VBSN platform. The Affiliation will even pilot at the least three public providers utilizing blockchain and develop two fintech initiatives making use of blockchain within the monetary and banking sectors.
Chairman Phan Đức Trung emphasised, “With our new identify, an expanded strategic route, and a strengthened management group, VBA is getting into a brand new section of strategic improvement. On this stage, expertise is not merely a objective, it’s a driving power for innovation, enhancing nationwide competitiveness and contributing to Vietnam’s presence on the worldwide digital economic system map.”
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