Vietnam Blockchain Union to held first congress in mid-May
The Vietnam Blockchain Union (VBU) will hold the first congress in mid-May, aiming to establish an organisation to connect the technology business community and provide consultancy to related agencies to develop policies and legal frameworks on technology, digital assets, and currencies.
Hanoi (VNA)♕ – The Vietnam Blockchain Union (VBU) will hold the first congress in mid-May, aiming to establish an organisation to connect the technology business community and provide consultancy to related agencies to develop policies and legal frameworks on technology, digital assets, and currencies.
According to Hoang Van Huay, former deputy minister of Science, Technology and Environment (now the Ministry of Science and Technology) and head of the preparatory committee for the establishment of the VBU, the coming into being of the union will create an important milestone, marking Vietnam's position on the world technology map.
It will create an environment for the development of high-quality human resources in Vietnam to hold the Blockchain core technology in order to compete in the world’s digital technology, he said.
The VBU members will share experiences and resources to study, deploy and trade Blockchain technology in accordance with Vietnamese law. It will cooperate with relevant universities in conducting research on Blockchain technology as well as training human resources in the field.
𒅌 The union will partner with State management agencies and other social organisations in raising awareness of the community and developing policies and legal frameworks for the development of products and services based on the Blockchain technology platform, Huay said./.
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.
Blockchain technology is booming in Vietnam and a bright future lies ahead for the industry, according to US-based Globe Newswire, one of the world's largest newswire distribution networks, specialising in the delivery of corporate press releases, financial disclosures and multimedia content to media, investors, and consumers worldwide.
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.
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ANTARA and VNA can design global-scale cooperation programmes or joint media campaigns, demonstrating the comprehensive strategic partnership between Vietnam and Indonesia, as well as the cooperation between the two national news agencies.
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Since 2022, more than 500 Vietnamese startups have engaged in Google’s Startup Academy, Google for Startups Accelerator, and Google Startup Masterclass. Nearly 100 of these firms received support to develop and improve their products, benefiting more than 300,000 customers and creating over 300 new jobs through successful fundraising and team expansion amidst Vietnam’s competitive economy.
Over the past three decades, Binh Duong has cemented its status as one of Vietnam’s most dynamic industrial hubs, building a robust foundation in manufacturing, exports, and investment. The province now has 30 operational industrial parks spanning over 13,000 hectares, with an occupancy rate exceeding 90%.
The diplomat emphasised that Vietnam places the highest priority on the development of science, technology, and innovation, viewing them as critical drivers for the country’s advancement in the new development era.
The PM revealed Vietnam’s plan to develop nuclear power in the near future, and called on the Swedish side to assist Vietnam in developing and refining legal and policy frameworks for the use of nuclear energy for peaceful purposes; training and developing human resources; ensuring nuclear safety; and conducting training and drills to improve incident management capabilities.
More than an art showcase, the second “Technology with heart” contest seeks to inspire innovation and spotlight the humanistic values that technology can bring into daily life, expected to contribute to a sustainable digital future.
The average speed of the national mobile broadband network remained stable, with download speeds reaching 76.86 Mbps and upload speeds reaching 26.98 Mbps.
Under the MoU, AMD will support several key initiatives spearheaded by HCM City’s authorities, including piloting policies, co-hosting innovation events, and evaluating the investment environment within the Saigon Hi-Tech Park.
The centre is a joint initiative between Australia’s Department of Foreign Affairs and Trade and Vietnam’s Ministry of Science and Technology, with PTIT and the University of Technology Sydney (UTS) serving as co-leads, and global telecommunications giant Nokia as founding industry partner.
The new centre, staffed by a team of scientists, researchers, and AI specialists working in Hanoi and Ho Chi Minh City, forms part of Qualcomm’s global AI research group.
As a flagship initiative of the community project “Digital Literacy for All”, the programme forms part of a national scheme to equip 20 million young people with digital business skills.
The organisers hope the competition will help shape a generation of exceptional engineers who will make significant contributions to Vietnam’s scientific and technological progress in this era of transformation.
In the digital age and amidst the Fourth Industrial Revolution, IP plays an increasingly critical role, not only in safeguarding inventions but also in reducing copyright infringement and curbing piracy.
Illustrative image. (Photo: VNA) 
