Investment inflows into Việt Nam’s blockchain ecosystem between July 2024 and June 2025 exceeded $220 billion, placing the country third in the Asia-Pacific region, after India and the Republic of Korea.
To maximise the effectiveness of the regulatory sandbox in Việt Nam, a more flexible legal framework, enhanced inter-agency coordination, and financial support from both the public and private sectors are necessary.
In the latest draft, the regulatory sandbox will be developed for three fintech solutions, including credit scoring, open application programming interface (API) and P2P lending.
The State Bank of Viet Nam is planning to pilot a regulatory sandbox which would allow fintech companies to participate in providing some banking services starting from 2021.