Hanoi, Aug. 31 -- Vietnam has taken a major step towards transforming digital assets into real economic value with the passage of the Law on Digital Technology Industry at the 9th session of the 15th National Assembly.

The law is regarded as a breakthrough decision with far-reaching significance for the development of the country's digital sector. Digital assets, tokenised assets and cryptocurrencies are formally recognised in the law, not only protecting legitimate ownership rights but also creating a clearer legal framework for businesses operating digital infrastructure.

Legal framework for digital assets

According to Nguyen Khac Lich, Director of the Department of Digital Technology Industry under the Ministry of Science and Techno...