Vietnam's first crypto-asset exchange expected to launch in Q1/2026

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Vietnam's first crypto-asset exchange is expected to launch in the first quarter of 2026.

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The digital asset market in Vietnam is facing a historic turning point. At the forum “Digital asset market: From trend to breakthrough” , Mr. To Tran Hoa – Leader of the State Securities Commission – said that Resolution 05 of the Government has laid an important foundation for the formation and development of the domestic digital asset trading market. This is considered one of the strategic policies, creating a legal corridor for the emergence of crypto asset trading floors, which are expected to change the landscape of the financial and investment industry in the near future.

According to Mr. Hoa, building a crypto-asset exchange cannot be completed in a few weeks or months, but requires careful preparation of technology infrastructure, system security and risk management mechanisms. It is expected that by the first quarter of 2026, Vietnam will officially have its first crypto-asset exchange in operation . This will be an important milestone, helping Vietnam catch up with the global trend of digital finance, while creating a more transparent environment for investors.

Financial and banking enterprises compete to join the "game"

Not just stopping at orientation, many large enterprises have quickly joined the race to build trading floors. In the banking group, a series of names have announced plans:

  • HDBank with HDEX project

  • VPBank with CAEX

  • MBBank cooperates with Upbit to develop a common exchange

  • Techcombank with TCEX

  • LPBank with LPEX , becoming the latest "rookie"

Along with the banking sector, securities and investment companies are also not willing to stay out of the game:

  • SSI with SSID

  • VIX vs VIXEX

  • HVA with DNEX

  • Vimedimex with Vimexchange – stands out with a charter Capital of up to 10,000 billion VND, becoming the largest Capital asset enterprise today.

Globally, the crypto asset market is experiencing a strong recovery after many fluctuations. After Donald Trump was re-elected as US President in late 2024, the new US administration has introduced many more friendly policies for the cryptocurrency and digital asset market. In the region, Singapore and South Korea have quickly established a mechanism to manage digital asset exchanges, becoming a destination for many international investors. Vietnam, with its young population and high rate of technology users, is expected to quickly catch up and even break out if it takes advantage of this opportunity.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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