Hanoi (VNA) - Vietnam is moving to develop a safe, well-regulated tokenised asset market through a phased, closely supervised approach, officials said at the inaugural Vietnam RWA Summit 2026 in Hanoi on July 18.
The two-day event, organised by the Vietnam Blockchain Association in partnership with the National Cybersecurity Association and the Vietnam National Real Estate Association, aims to foster policy dialogue, attract investment and position Vietnam as a regional hub for real-world asset (RWA) tokenisation during 2026-2030.
Deputy Chairman of the State Securities Commission (SSC) Bui Hoang Hai said the event comes as Vietnam continues to build its legal framework for digital assets. The Law on Digital Technology Industry, adopted in 2025, provides the country's first legal definition of digital assets, while Government Resolution No. 05/2025/NQ-CP launched a pilot tokenised asset market under a cautious, controlled roadmap.
Hai said blockchain, smart contracts and digital trading platforms are reshaping global finance, with RWA tokenisation emerging as a promising way to enhance transparency, improve access to capital and unlock economic resources.
However, he stressed that technology does not change the underlying legal or economic nature of an asset, whose value must remain tied to genuine ownership rights, verifiable cash flows and clear accountability.
The SSC outlined four priorities for market development - balancing innovation with risk management; completing the legal framework following the pilot programme; strengthening investor protection through better disclosure and oversight; and enhancing coordination among regulators while maintaining dialogue with businesses and investors.
The goal is not to expand the market at any cost, but to build the institutional capacity and market infrastructure needed to seize opportunities safely and responsibly, Hai said.
Senior Colonel Nguyen Hong Quan, Deputy Director of the Ministry of Public Security's Department of Cybersecurity and High-Tech Crime Prevention, said blockchain and tokenised assets offer significant opportunities but also create new challenges for cybersecurity, economic security and law enforcement.
He urged developers to adopt a "security by design" approach, ensuring robust data protection, user authentication, risk management and incident response from the outset. He also called for greater market transparency, earlier detection of fraud, money laundering and cybercrime, and stronger coordination among government agencies, businesses and international partners.
According to Quan, cybersecurity should be regarded not as a barrier to innovation but as a prerequisite for sustainable growth and market confidence.
Vietnam RWA Summit 2026 features discussions on global RWA trends, regulatory frameworks, anti-money laundering measures, cybersecurity, investor protection and public-private cooperation in developing the country's tokenised asset market./.
VNA
