Vietnam is deepening digital and blockchain cooperation with Russia as it accelerates efforts to establish a regulated crypto-asset market and advance its digital-economy strategy.
Deputy Prime Minister Ho Duc Phoc met with Russia’s finance ministry, central bank officials and blockchain research institutions in Moscow to discuss policy coordination, digital-asset regulation, cybersecurity standards and talent development for the fintech sector.
Vietnam has positioned blockchain as a strategic pillar for national development through 2030, supported by a government resolution to pilot a regulated crypto trading environment. Officials say the framework aims to promote innovation, attract high-tech investment and ensure investor protection.
Vietnam’s economy continues to expand strongly, with GDP rising 7.85% in the first nine months of 2025. Bilateral trade with Russia rose 26% last year to nearly $4.6 billion.
Russian officials expressed support for collaboration on blockchain infrastructure, anti-money-laundering systems and secure digital transactions. The visit underscores Vietnam’s commitment to international cooperation in developing responsible crypto markets.
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