The Vietnam Corporate Governance Forum 2025, themed “Unlocking the Potential of Digital Assets,” was held on the afternoon of December 10th in Hanoi , jointly organized by the Vietnam Association of Corporate Governance Officers (VACD) and the online magazine Nha Quan Tri (The Manager).

Beginning his presentation to investors in the digital asset sector, Mr. Tran Anh Tuan, Director of the Hanoi Department of Science and Technology, highlighted a regrettable reality: many talented individuals have left Hanoi to start companies in other localities, or even abroad.

"Hanoi's current perspective is to become a world- leading investment destination, in order to attract the intellectual and financial resources that Hanoi has lost."

According to Mr. Tuan, Hanoi is fortunate to have the Capital City Law (amended in 2024). The city has applied this law along with resolutions of the Politburo, such as Resolution 57, Resolution 66, Resolution 68, as well as the Law on Science, Technology and Innovation to enhance its competitiveness.

In addition, the city has issued six important resolutions, some of which contain provisions unprecedented in Vietnam. For example, the resolution on the sandbox, with four priority areas, including the digital asset sector.

"We are currently receiving applications and proposals for the city to work with businesses on this project," Mr. Tuan said.

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Mr. Tran Anh Tuan, Director of the Hanoi Department of Science and Technology, shared his views at the forum.

Hanoi was also the first locality in the country to issue a resolution on the establishment of a venture capital fund. Following this, the city immediately disbursed 600 billion VND in "seed capital".

"Approximately 10 strategic investors will participate in this venture capital fund. The fund will operate according to market principles, without legal entity status, and will function through the fund's general assembly; its purpose is to break free from the cumbersome regulations of state budget capital to follow market principles and accept shared risks," the Director of the Department said.

In addition, there are resolutions on breakthroughs in science and technology development, on the formation of an innovation ecosystem, and on a technology exchange platform (currently being proposed to be linked with a digital asset exchange platform).

"Hanoi's perspective now is not to look back, not to compare itself to the domestic market, but only to the region and the international community. Although it is not currently positioned as an international financial center, Hanoi will certainly become one in the near future," Mr. Tran Anh Tuan confidently shared.

He expressed his hope that Hanoi's resources and policies would attract investors. Hanoi is actively searching for chief engineers in various fields, including the digital asset sector.

"If you are interested in Hanoi, or have previously considered doing business in Hanoi but hesitated due to the unfavorable investment environment, I invite you to come back. Hanoi is different now," Mr. Tuan urged investors.

The city's goal for the 2026-2030 period is for the digital economy to account for at least 40% of its GRDP. Within this, the growth target for 2026 and subsequent years is 11% or higher.

With a traditional economic model, it is very difficult to achieve such GRDP growth, and even if achieved, it is difficult to maintain sustainably. Therefore, the path of science and technology and innovation, especially the new digital economic model, is expected to help Hanoi.

Speaking about the official establishment of the technology exchange platform on December 22nd, Mr. Tuan revealed that the city is also preparing a pilot sandbox program. This will be the first time a city has used its budget to purchase research results from domestic scientists on cancer detection kits, commercialize them, and put them into use.

Source: https://vietnamnet.vn/ha-noi-dot-duoc-tim-nhan-tai-rot-600-ty-dong-lam-von-moi-cho-tai-san-so-2471276.html