📋 Tender Overview
Vietnams digital asset market is entering a new cycle, moving towards practical applications, institutional capital flows and higher requirements for compliance and transparency. Download According to Mr. Nghiem Minh Hoang, by 2035, RWA could account for about 10-16% of total global investment assets. Photo: VGP/Thanh Huyen This is the main content of the seminar Digital asset trends, opportunities and risk management organized by the Vietnam Blockchain and Digital Assets Association (VBA) on June 4. Experts say that the digital asset market is entering a new stage of development. If in the past the market mainly attracted speculative cash flows, now the trend is gradually shifting to practical applications, the participation of large organizations and increasing requirements for transparency and compliance with the law. Speaking at the seminar, Ms. Nguyen Van Hien, Vice President and General Secretary of VBA said that the legal corridor for the field of digital assets in Vietnam is being completed quickly. To anticipate the markets rapid growth, the capacity of participants also needs to develop at a commensurate speed. According to Mr. Nghiem Minh Hoang, Strategy Director of 1Matrix Company, VBA Fintech Application Expert, one of the notable trends today is encrypted real assets (Real World Assets - RWA). Entering the current stage, the market is gradually becoming more mature with the increasingly clear participation of financial institutions, investment funds and Large technology corporation with new layers of financial infrastructure accompanying the development of stablecoin, RWA. Management problem for investors Ms. Khuat Bich Thuy, Director of Legal and Licensing, Tether Vietnam, assessed that the global digital asset market is entering a phase of comprehensive management and thorough enforcement. Large countries have perfected a legal system that clearly shapes the game, typically the European Union (EU) with the MiCA Act; America enacted the Clarity Act, Genius Act; Georgia issued new regulations on strict management of VASP and stablecoins... Therefore, the current valuation of a project cannot be based solely on price increase potential, but investors need to consider four key factors including: operating license; disclosure and authentication of assets; technology risk control system and security keys; executive staff. From a technology perspective, Mr. Le Anh Quoc, VBA Technology Expert, found that the biggest difference between individual investors and professional investment funds lies in the project appraisal method. While most individual investors often focus on price fluctuations or short-term information, professional organizations spend a lot of time evaluating technology, business models, development teams and the ability to create real value. In addition, experts say that the role of the community and connection network is also becoming increasingly important. Participating in reputable professional communities not only helps investors update information and new market trends but also creates opportunities to exchange experiences, improve evaluation capacity and perfect long-term investment methods.
