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Official launch of the Vietnam Blockchain Association

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HANOI, Vietnam, May 17, 2022 (GLOBE NEWSWIRE) — The Vietnam Blockchain Association held its inaugural ceremony after careful preparation. It has become the first organization with a legal entity that will represent blockchain researchers, business owners, and consultants nationwide.

According to Decision No. 343/QD-BNV approved by the Vietnamese Ministry of Interior on April 27, 2022, the Vietnam Blockchain Association was established. It has become the first organization with a legal entity for blockchain technology researchers and product developers in Vietnam.

The inaugural ceremony took place on May 17and, 2022 in Hanoi. It marked the official start of the Association, announced its official executive committee, as well as the principles and orientations of future activities. The event focused on the series of action programs that promote the application of blockchain technology in a digital economy and leverage Vietnam’s position on the global technology map. The action programs aim to strengthen the research and application of blockchain technology solutions to all economic aspects.


Vietnam Blockchain Association Inaugural Ceremony

Vietnam has witnessed the rapid introduction and development of Blockchain technology in recent years. As the number of companies, researchers, and engineers interested in technology grows, so does the need for connection, collaboration, sharing, and support. Therefore, an official organization with a full legal entity to accommodate the expanding speed of the Vietnamese Blockchain community and its strong development goals is vital.

The Vietnam Blockchain Association will connect the Vietnamese blockchain community with government agencies to create a legal framework for the blockchain industry in line with the national plan for developing a digital economy. At the same time, the Association will be the hub for Blockchain enthusiasts to research, experiment, evaluate, standardize and promote the application of Blockchain technology in Vietnam.

Cooperation announcement ceremony

The missions of the Association are: To establish and develop a lasting relationship with organizations and the global Blockchain community; share ideas and resources for in-depth research, experimentation and application of Blockchain, as well as to develop products and services and conduct business in accordance with Vietnamese law; to attract investment in blockchain industry activities and develop high-quality human resources in the field of digital technology.

During the ceremony, Mr. Nguyen Van Tung, Deputy Minister of the Ministry of Science and Technology, said, “I hope the Association will use its resources for technological and scientific projects in blockchain so that the Vietnam can create outstanding products, become an active player in the world. blockchain market and nurture industry talent for the future.

Mr. Hoang Van Huay – Chairman of the Vietnam Blockchain Association, shared the vision of the Association: “The Vietnam Blockchain Association is committed to raising community awareness and providing consultation on developing a framework legal regulations and standards in the development of services and products on Blockchain. We hope to see many companies and individuals join us in making the Association a strong organization to accelerate the growth of blockchain technology in the world. Vietnam.

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