Digital assets from 2026 and a long-term vision: Proactive integration, risk management, and development for the national interest.

From 2026 onward, the greatest challenge no longer lies in the question of whether to develop the digital asset market, but rather in how to develop it in a manner that maximizes innovation-driven momentum while absolutely safeguarding systemic safety, protecting the legitimate rights and interests of citizens, and maintaining national financial security.


Entering the post-2025 period, the digital asset market in Vietnam, as well as globally, is standing at a historic turning point. Digital assets are no longer merely a story of an emerging technological trend or a short-term cyclical investment channel. Instead, they have become a matter of defining positioning within the modern financial–economic architecture, closely linked to objectives of sustainable development, macroeconomic stability, and deeper international integration.
From 2026 onward, the core challenge is no longer whether digital assets should be developed, but how to do so in a way that fully harnesses innovation while ensuring absolute system safety, protecting the legitimate rights of the public, and preserving national financial security. This is truly a problem that requires long-term vision, a holistic approach, and a high degree of constructive governance.
Digital Assets in the Restructuring of the Global Financial System
At the international level, the global financial system is entering a phase of profound restructuring under the combined impact of digital transformation, shifts in growth models, and increasingly stringent demands for transparency and efficiency. In this context, digital assets and blockchain technology are gradually being recognized as essential supporting infrastructure, enhancing the efficiency of value transfer, reducing intermediary costs, and expanding access to financial services.
Notably, major economies are not approaching digital assets as a complete replacement for traditional finance. Instead, they have chosen a model of controlled integration. Digital assets are embedded within clear institutional frameworks, tightly linked to rigorous risk-management standards and aligned with long-term financial stability strategies. This balanced approach has enabled many countries to encourage innovation while minimizing social externalities and systemic risks.
Legal Milestones Laying the Foundation for Vietnam
For Vietnam, 2025 has been identified as a pivotal year, marked by a series of important legal milestones that establish a solid foundation for the digital asset market to develop in a formal, transparent, and state-supervised manner.
Specifically, in June 2025, the National Assembly’s passage of the Law on the Digital Technology Industry officially recognized and protected digital assets as a lawful form of property. The significance of this step goes far beyond the legalization of a new asset class; it affirms a fundamental principle that digital assets, if properly managed, constitute an integral part of the digital economy and deserve protection comparable to that afforded to traditional assets.
Building on this institutional progress, in July 2025, the Resolution on the establishment of an international financial center in Vietnam opened up new development space. This new-generation financial center model is designed to encompass not only traditional financial activities but also strong integration of innovation and specialized trading platforms, including digital asset exchanges. This reflects a long-term vision in which digital assets are not left outside the system, but rather embedded within a centralized management structure aligned with international standards and enhanced supervisory capacity.
The next legal piece was completed in September 2025, when the Government issued Resolution No. 05/2025/NQ-CP on piloting the digital asset market. This marked a decisive phase shift, gradually eliminating legal gray areas while reaffirming Vietnam’s cautious approach—developing through pilot programs with limited scope, impact assessment, and continuous adjustment. This sequence of actions demonstrates Vietnam’s choice of proactive yet controlled integration, placing legal foundations one step ahead instead of allowing the market to develop spontaneously.
Rapid Integration Without Compromising Stability
On the basis of these increasingly complete legal foundations, from 2026 Vietnam will be well positioned to integrate more deeply into the global digital asset market. However, integration must be understood as selective participation, prioritizing models that generate real value for the economy rather than pursuing scale or short-term, overheated growth.
The inherently cross-border nature of digital assets imposes very high requirements on risk governance, particularly with respect to capital flows, technological security, and financial stability. Therefore, linking digital asset development to international financial centers, pilot frameworks, and multi-layered supervisory mechanisms is the most appropriate choice—allowing Vietnam to learn from international best practices while safeguarding the safety of the domestic system.
Placing Citizens at the Center of the Development Strategy
Alongside infrastructure and legal development, a sustainable digital asset market cannot be separated from the goal of protecting the legitimate rights and interests of citizens. This protection goes beyond safeguarding assets or personal data; more importantly, it involves protecting awareness—helping the public correctly understand the nature of digital assets as well as the opportunities and risks they entail.
Accordingly, in parallel with institutional refinement, raising social awareness should be regarded as a strategic pillar. At a broad level, public education programs through mass media play a crucial role in guiding public perception, reducing misconceptions, and limiting imprudent participation. At a more specialized level, developing structured training programs, standardizing professional competencies, and gradually considering certification mechanisms for practitioners in this field will contribute to enhancing professionalism and accountability across the market.
At the same time, guidance, warnings, and risk-prevention measures need to be updated regularly, equipping citizens with tools to protect themselves in the rapidly evolving digital asset environment.
Risk Governance and National Financial Security
From a macroeconomic perspective, the development of digital assets is always closely linked to the issue of national financial security. Risk governance in this field must be approached proactively, based on close inter-agency coordination, the application of modern supervisory technologies, and continuous updates in response to real-world developments. More importantly, the purpose of risk governance is not to stifle innovation, but to create a safe development space—one in which initiatives with real value are encouraged, while high-risk models are carefully controlled and screened.
Looking beyond 2026, digital assets may become a constituent component of a multi-layered financial architecture in which traditional finance, digital finance, and innovative models coexist and complement one another. In this broader picture, success will not be measured by market size or price volatility, but by contributions to sustainable growth, efficient resource allocation, and socio-economic stability.
With the key legal foundations established in 2025, Vietnam has laid the first bricks for the development of a formal digital asset market. From 2026 onward, the path forward is one of rapid yet cautious integration, innovation coupled with risk governance, and a people-centered approach anchored in national financial security. If this strategic balance is maintained, digital assets—rather than being passively adopted as a global trend—can become an active driver supporting Vietnam’s strategy for digital economic development, modern finance, and sustainable international integration in the years ahead.