The Vietnam Blockchain Association hosted a seminar in Hanoi on April 24 to collect opinions for the building of a legal framework for virtual assets (VA) and virtual asset service providers (VASP).

The Ministry of Finance has decided to set up a research group which would be in charge of studying and proposing policies to manage virtual assets and cryptocurrencies.

The Government has asked ministries, sectors and agencies to give advice to the Government and the Prime Minister on measures to deal with overlapping, incoherent and ambiguous legal regulations, mechanisms and policies.