Vietnam Blockchain Union (VBU) was launched at a ceremony held by Vietnam Digital Communications Association (VDCA) in Hanoi on April 21, aiming to connect the technology business community and provide consultancy to related agencies to develop policies and legal frameworks on Blockchain technology, digital assets, and currencies.
Hanoi (VNA)💯 – VietnamBlockchain Union (VBU) was launched at a ceremony held by Vietnam Digital CommunicationsAssociation (VDCA) in Hanoi on April 21, aiming to connect the technologybusiness community and provide consultancy to related agencies to develop policies and legalframeworks on Blockchain technology, digital assets, and currencies.
Addressing the event, NguyenMinh Hong, Chairman of the Vietnam Digital Communications Association (VDCA),said that in the fourth industrial revolution, blockchain is key to digitaltransformation, along with increasingly popular technologies such as Artificial Intelligence (AI), big data and robotics.
With the ability to share informationand data transparently in real time, sustainably, and with high security,Blockchain has become one of the breakthrough technology trends with wideapplicability in many sectors including finance, health, education,intellectual property, logistics, entertainment and agriculture, he said.
Dang Minh Tuan, chairman ofVBU, said that in the technology field, Blockchain is the key to turning Vietnaminto a strongly developed country in terms of new technology.
ꦑ The VBU will become a bridge connectingthe business community and relevant authorities to build a legal framework in the field forVietnam, he said, adding that it is expected to help the country succeed in thefield as well as the digital economy./.
The blockchain community in Vietnam has grown strongly in the past five years. However, its application is still limited, according to Nguyen Manh Cuong, Deputy Director of the Ministry of Science and Technology’s Agency in the Southern Region.
A workshop took place in Ho Chi Minh City on March 30 to discuss the potential multi-industry application of blockchain technology and the feasibility of integrating blockchain technology into information technology systems.
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This is the second year the magazine has released the ranking, which is based on total revenue and key financial indicators of enterprises from seven countries in the region: Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.
At the summit, publishing, tech, and media sectors will discuss emerging trends, business models, and sustainable solutions for digital publishing development in Vietnam.
This year’s “Vietnam Goods Week” marks a significant milestone as it is being held simultaneously for the first time in four locations across Asia: Japan, Hong Kong (China), Cambodia, and Malaysia, from June 19 - 22.
At the event. (Photo: CMC) 
