Vietnam Paves Way for Tokenized Assets with Safer Crypto Market Rules

Vietnam has moved to create a safer crypto asset market, opening up new funding channels for businesses while protecting investors. According to Resolution 05/2025/NQ-CP issued on September 9, 2025, crypto assets must be backed by real-world assets and exclude securities and fiat currencies.

Initially, these assets may only be offered and issued to foreign investors, but this could allow Vietnamese businesses to tokenise products and raise capital from global markets. Experts say the model helps link digital technology with the real economy, limiting speculative tokens and facilitating asset valuation and information disclosure.

Boston Consulting Group estimates that the global market for tokenised real-world assets could exceed USD 14 trillion by 2030, offering Vietnam significant growth opportunities. However, clearer regulations and deeper research into foreign investor preferences are needed to support this development.