CAN THO CITY DEPARTMENT OF SCIENCE AND TECHNOLOGY
Launching Vietnam Blockchain Alliance
The Vietnam Blockchain Alliance under the Vietnam Digital Media Association has set itself a mission to connect the community and advise regulatory agencies to manage policies and legal frameworks on Blockchain, digital assets and money.

Representatives of the Blockchain Alliance. Source: VDCA

In the morning of April 21, the Vietnam Digital Media Association held a ceremony to launch the Vietnam Blockchain Union (Vietnam Blockchain Union - VBU).

Speaking at the event, Mr. Nguyen Minh Hong - Chairman of Vietnam Digital Communications Association (VDCA), said that AI, Big Data, Robotics and Blockchain are considered key technologies for digital transformation. With the advantages of transparency and security, Blockchain is considered as one of the breakthrough technology trends, capable of being widely applied in many industries and fields, such as finance, health, education, intellectual property, logistics, entertainment, agriculture. Blockchain is also seen as the motivation of the next-generation Internet that many call Web 3.0.

Among the top 200 Blockchain companies in the world, there are about 5-7 companies founded by Vietnamese people. About 10 Vietnamese startups in the Blockchain field have a capitalization of over 100 million USD. In which, there have also appeared technology unicorns.

Facing that trend, the Vietnam Digital Media Association has issued a decision to establish the "Vietnam Blockchain Alliance Club" (referred to as the Vietnam Blockchain Alliance).

The Advisory Board of the Vietnam Blockchain Alliance includes: Deputy Minister of Information and Communications Nguyen Huy Dung; Chairman of Vietnam Digital Media Association, former Deputy Minister of Information and Communications Nguyen Minh Hong; Associate Professor, Dr. Huynh Quyet Thang, Rector of Hanoi Polytechnic University; Mr. Do Cao Bao, co-founder of FPT Group, former Chairman of FPT IS.

Dang Minh Tuan - Chairman of Vietnam Blockchain Alliance. Source: VDCA

Dang Minh Tuan, as Chairman of the Vietnam Blockchain Alliance, expects that the Vietnam Blockchain Alliance will become a bridge between the business community and the authorities to build a legal framework, as a foundation for Vietnam breaks through and succeeds in the field of Blockchain as well as the digital economy.

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CAN THO CITY DEPARTMENT OF SCIENCE AND TECHNOLOGY

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