According to Deputy Minister of Finance Nguyen Duc Chi, the Prime Minister assigned the Ministry of Finance to report to the Government in March 2025 on the issuance of a resolution, allowing a pilot project to build and put into operation a virtual currency and digital asset trading floor.
On the afternoon of March 5, at the government press conference, one of the issues that the press was interested in was the management of digital currency and virtual currency.
At a meeting with the Central Strategy and Policy Committee on February 24, General Secretary To Lam emphasized that with the issue of virtual currency management, we must not be slow, not lose opportunities, not create distance or distinction with new financial forms as well as modern transaction methods.
Deputy Minister of Finance Nguyen Duc Chi.
Currently, our country is among the top countries participating in the digital currency and virtual currency market, but there is no legal corridor, leading to risks. Many businesses have to go abroad to start a business in this field.
Responding to this content at the press conference, Deputy Minister of Finance Nguyen Duc Chi said that digital assets and digital currency (virtual currency) are a very complicated and new issue not only for Vietnam but also for many countries in the region and around the world.
"This issue is being thoroughly studied by relevant agencies, providing different legal frameworks to find ways to manage all activities related to virtual assets and digital assets transparently, serving the socio-economic development of each country and each economy," said Mr. Chi.
From the practical issues raised, the Government and the Prime Minister have directed urgent research and development of a legal framework for this activity.
According to Mr. Chi, earlier this week, the Government Standing Committee and the Prime Minister chaired a meeting to listen to the Ministry of Finance and relevant ministries and branches report on the situation of virtual currency and directions for building a related legal framework.
Mr. Chi said that the Ministry of Finance has been assigned by the Prime Minister to report to the Government in March 2025 to issue a resolution, allowing a pilot project to build and put into operation a virtual currency exchange so that investors, organizations and individuals in Vietnam have a place to trade, invest and buy and sell, and it is organized by business units licensed by the State.
"The State will protect the legitimate rights and interests of organizations and individuals when participating in activities in this market," said Mr. Chi.
At the same time, the Ministry of Finance will be assigned to preside over and coordinate with relevant ministries, agencies and organizations to soon develop legal regulations and laws allowing Vietnamese enterprises and organizations to issue their own virtual assets to mobilize financial resources to serve production and business activities and develop the activities of that organization.
"This will help the overall development of the economy, serve the growth target, and catch up with the general trend of the world and the region in developing virtual assets and virtual currencies. These are the contents that our country can catch up with, not to fall behind," the Deputy Minister of Finance added.
Source: https://www.baogiaothong.vn/thi-diem-van-hanh-san-giao-dich-tien-ao-ngay-trong-thang-3-192250305180145656.htm
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