Vietnam Blockchain Union (VBU) was launched at a ceremony held by Vietnam Digital Communications Association (VDCA) in Hanoi on April 21, aiming to connect the technology business community and provide consultancy to related agencies to develop policies and legal frameworks on Blockchain technology, digital assets, and currencies.
Hanoi (VNA) – VietnamBlockchain Union (VBU) was launched at a ceremony held by Vietnam Digital Com🧔municationsAssociation (VDCA) in Hanoi on April 21, aiming to connect the technologybusiness community and provide consultancy to related agen༺cies to develop policies and legalframeworks on Blockchain technology, digital assets, and currencies.
Addressing the event, NguyenMinh Hong, Chairman of the Vietnam Digital Communications Association (VDCA),said that in the fourth industrial revolution, blockchain is key to digitaltransformation, along with increasingly popular technologies such as Artificial Intelligence (AI), big data and robotics.
With the ability to share informationand data transparently in real time, sustainably, and with high security,Blockchain has become one of the breakthrough technology trends with wideapplicability in many sectors including finance, health, education,intellectual property, logistics, entertainment and agriculture, he said.
Dang Minh Tuan, chairman ofVBU, said that in the technology field, Blockchain is the key to turning Vietnaminto a strongly developed country in terms of new technology.
The VBU will become a bridge connectingthe business community and relevant authorities to build a legal framework in the field forVietnam, he said, adding that it is expected to help the country succeed in thefield as well as the d𝔍igitওal economy./.
The blockchain community in Vietnam has grown strongly in the past five years. However, its application is still limited, according to Nguyen Manh Cuong, Deputy Director of the Ministry of Science and Technology’s Agency in the Southern Region.
A workshop took place in Ho Chi Minh City on March 30 to discuss the potential multi-industry application of blockchain technology and the feasibility of integrating blockchain technology into information technology systems.
Blockchain technology is booming in Vietnam and a bright future lies ahead for the industry, according to US-based Globe Newswire, one of the world's largest newswire distribution networks, specialising in the delivery of corporate press releases, financial disclosures and multimedia content to media, investors, and consumers worldwide.
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Antoine Colin, Senior Vice President for Global Supply Chain Digital Transformation & Resilience at HP Inc., affirmed HP’s strategic commitment to building a supply chain and ecosystem in Vietnam and the region.
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A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
Outcomes of ABAC III will shape ABAC’s final policy recommendations to be submitted to the ABAC-APEC leaders’ dialogue, scheduled to take place in the Republic of Korea this November.
This is the second year the magazine has released the ranking, which is based on total revenue and key financial indicators of enterprises from seven countries in the region: Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.
At the summit, publishing, tech, and media sectors will discuss emerging trends, business models, and sustainable solutions for digital publishing development in Vietnam.
This year’s “Vietnam Goods Week” marks a significant milestone as it is being held simultaneously for the first time in four locations across Asia: Japan, Hong Kong (China), Cambodia, and Malaysia, from June 19 - 22.
At the event. (Photo: CMC) 
