On December 9, the workshop "Shaping Vietnam's blockchain ecosystem from secure digital infrastructure" was organized by the Vietnam Blockchain and Digital Asset Association (VBA) in collaboration with 1Matrix, True IDC and Tether in Hanoi.
In his opening speech, Mr. Phan Duc Trung, Chairman of the Vietnam Blockchain and Digital Asset Association (VBA), Chairman of 1Matrix emphasized that blockchain is one of the national strategic technologies, contributing directly to the implementation of the breakthrough goals of science and technology development, innovation and digital transformation according to Resolution 57-NQ/TW of the Politburo .
According to Mr. Trung, the development of blockchain infrastructure needs to balance between ensuring national sovereignty through storing data with high security requirements in licensed domestic data centers; while optimizing performance and scalability through foreign cloud services.
In addition, implementing an effective tracing system that meets anti-money laundering and counter-terrorism financing (AML/CFT) requirements are mandatory requirements of a secure blockchain infrastructure.
According to Mr. Trung, ensuring data sovereignty, optimizing the benefits of businesses - state management agencies participating in the implementation of an effective tracing system in anti-money laundering are necessary requirements of a secure blockchain infrastructure that the Vietnam Multi-Blockchain Service Network (VBSN) is aiming for.
Sharing about physical data infrastructure, the first element in the overall blockchain infrastructure, Mr. Nguyen Dinh Hung, CEO of True IDC Vietnam, said that the demand for using Cloud infrastructure has increased sharply when big data, AI and blockchain are widely deployed.
In Vietnam, this market is forecast to grow at an average of 25.24% per year. About 70-80% of network nodes of major blockchains are running on Public Cloud. On-chain activities in the Asia-Pacific region (APAC) by June 2025 have increased by 69% over the same period, making Cloud the default platform for modern Blockchain models.
From a technical perspective, Mr. Nguyen Trung Kien, Solution Architect, True IDC Vietnam, analyzed AWS's security capabilities: more than 850 types of virtual servers, 38 regions, 120 availability zones, and a system of more than 300 security and compliance services.
In particular, the two technologies Nitro and Nitro Enclaves allow for complete isolation of data processing processes, preventing any unauthorized access and creating unforgeable security evidence thanks to cryptographic encryption. For blockchain businesses, these features create the necessary layer of defense for nodes, wallets, smart contracts and sensitive data.
According to Mr. Tran Trung Hieu, Senior Manager of 1Matrix Infrastructure, VBSN Network takes on 3 key roles: Ensuring interoperability between many applications from identification, digital finance to specialized data through a standardized interconnection layer; meeting speed requirements, aiming to process millions of transactions per second; complying with modern security standards, supporting independent monitoring and verification mechanisms to limit fraud while meeting standards under the Data Protection Law 2024, Personal Data Protection Law 2025, Global Information Security Standard ISO/IEC 27001 and Privacy Protection Standard 27701.
Within the framework of the workshop, the speakers discussed and clarified the challenges and solutions in the process of building the Vietnamese blockchain ecosystem at the discussion session "Reshaping the Vietnamese blockchain ecosystem from secure digital infrastructure".
Accordingly, the speakers analyzed how to balance data sovereignty with performance requirements in the context of Vietnam promoting large-scale cloud infrastructure deployment; the role of international certifications in establishing a safe operating environment; and the ability to transform blockchain into real economic value for businesses through standardized service layers.
At the same time, discuss the prospects of applying blockchain to public services, especially in areas requiring authentication of data origin and on-chain monitoring of real-time transactions, actively contributing to the development of the digital economy.
Sharing with Nhan Dan Newspaper, Mr. Navin Gupta, Director of Policy and Consulting, Crystal Intelligence highly appreciated the potential prospects of Vietnam and said that Vietnam is a potential market, among the top in the world in accepting cryptocurrencies as well as having the number of users owning crypto assets. Besides, an advantage of Vietnam is having a young population.
From his experience, to develop the market effectively, Mr. Navin suggested that it is necessary to create conditions to bring foreign companies, projects and ideas back and implement them in Vietnam. At the same time, it is necessary to promote the entrepreneurial spirit among young people, so that they can learn good things in the world and recreate them domestically, complying with licensing frameworks so that products and services are not only suitable for the domestic market but also for foreign markets. At the same time, public-private cooperation is needed so that domestic and foreign enterprises can bring resources to invest in Vietnam, promoting the digital economy.
Experts agree that businesses and individuals need to create a list of safe wallet addresses, carefully check each character before transferring money, and use automatic risk warning tools to protect assets.
In parallel, it is necessary to build and deploy a comprehensive on-chain tracking system to support transaction monitoring as well as play a key role in detecting, preventing and minimizing money laundering activities, terrorist financing or increasingly sophisticated crypto-asset abuse, helping management agencies proactively control risks, creating a safer environment for investors in the Web3 field.
Source: https://nhandan.vn/dinh-hinh-he-sinh-thai-blockchain-viet-nam-tu-ha-tang-so-an-toan-post929007.html
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