Vietnam has set up a dedicated regulatory unit to oversee crypto asset trading, marking a further step toward formalising supervision of digital assets as market activity continues to grow.

The development, reported by The Investor Vietnam, was announced by the State Securities Commission after the Ministry of Finance approved the formation of a crypto asset trading market management board under the regulator.

The new board will operate within the State Securities Commission’s framework and oversee crypto asset trading activities in Vietnam’s capital markets.

Bui Hoang Hai, vice chairman of the commission, has been appointed to lead the unit.

At the launch event, State Securities Commission chairwoman Vu Thi Chan Phuong said the board would be expected to push forward regulatory and policy work, improve tools for monitoring market activity, and draw on regulatory experience from other jurisdictions.

She added that the unit should provide transparent and responsible advice to the government when assessing and licensing enterprises seeking to operate crypto asset trading services.

The regulatory move follows the government’s issuance of Resolution 05/2025 on 9 September, which outlines a five-year pilot programme for crypto asset trading.

The framework adopts a controlled approach to market development, with safeguards intended to protect investors and the legitimate rights and interests of domestic and foreign organisations and individuals.

Vietnam remains one of the most active crypto markets in the region.

Blockchain analytics firm Chainalysis estimated that crypto-related transaction value in the country exceeded US$220 billion, placing Vietnam third in Asia-Pacific in its 2025 Global Adoption Index.

The firm also reported market growth of about 55 percent between July 2024 and June 2025, a trend analysts associate with more sustained participation beyond short-term speculation.

Featured image: Edited by Fintech News Singapore, based on images by Frolopiaton Palm and pranavkr via Freepik