In Vietnam, they created a stateganization to support cryptostarts – Bits Media

Authorities and business representatives jointly launched the Vietnamese Union of blockchains (V), designed to advise investors and help local cryptocurrency projects.

Vietnamese Association of Digital Communications (VDCA) announced that, that the union owes provide consulting services to individuals and legal entities, leading activities in the cryptocurrency market. VDCA President Nguyen Min Hong (Nguyen Minh Hong) considers, that blockchain and artificial intelligence are key technologies of the fourth industrial revolution:

“Thanks to the opportunity to exchange information and data in real time, blockchain stability and high safety has become one of the breakthrough technological trends with wide use in many areas, including finances, Health, education, Intellectual property, logistics, Entertainment and agriculture ".

Predsedatel VBU Done my Done (Dang Minh Tuan) stated, what, In his opinion, Blockchain is able to turn Vietnam into a highly developed technological country. The new structure will have to combine efforts with the government to develop the regulation of the local crypto industry.

Cryptocurrencies and blockchain in Vietnam are at a high level of acceptance by society. According to the Chainalysis study, The country took in 2020 year, first place in the speed of introduction of cryptocurrencies. The study participated 154 countries, The neighbors of Vietnam-Thailand and China-took 12th place. The leading economy of the world, USA, I took 8th place.