Vietnam blockchain market attracts Korean investors

This is the opinion of many investors participating in the Vietnam – Korea technology investment connection program co-ordinated by the Vietnam Blockchain Association (VBA), the Korea NFT Content Association (KONCA) and a number of agencies. organization.

Science, technology and innovation are considered as one of the important driving forces for Vietnam to realize its dual goal of becoming a high-income country by 2045.

Not only encouraging domestic enterprises to develop technology, Vietnam also has many policies to attract foreign investment projects in high technology, innovation, promoting digital transformation, serving the goal of foreign investment. Sustainable Development.

According to Mr. Hoang Van Hue, Chairman of Vietnam Blockchain Association, although it has been mentioned a lot, this is still a new technology in Vietnam and needs to change users’ perception of blockchain. Building a legal basis for blockchain is extremely necessary and a premise to support Vietnamese businesses with peace of mind in applying technology to production and business.

Also in the latest report of Meta and Bain & Company, Vietnam is among the top 3 countries in the region in terms of user acceptance of new technologies, including metaverse.

Mr. Jun Kwon, director of Meta Planet from Korea, said that the company intends to promote development in the Vietnamese market. He said that although blockchain investment policies in Vietnam are not open and even more difficult than those in Korea, through the activities of associations, this business is also taking steps to prepare for the coming year. Vietnam market.

Experts gave many in-depth opinions in the discussion session “Vietnam’s legal context in Blockchain technology for startups and investors” and commented that, despite having many attractive potentials, the market The blockchain market also has potential risks. For example, there is no legal framework for broader application, or the challenge of human resources when businesses deploy blockchain projects in practice.

Within the framework of the program, units including Vietnam Blockchain Association, Korea NFT Association (KONCA), NBN Radio (Korea) signed a memorandum of understanding to facilitate member businesses to search new investment opportunities.