Tokenized Asset Pilot Program in Vietnam: 7 Bold Signals That Could Redefine Foreign Investment

Government Policy Context On September 9th, 2025, the Government of Vietnam issued Resolution No. 05/2025/NQ-CP on implementing a  tokenized asset  pilot program in Vietnam. This resolution creates a five-year, nationwide pilot framework that allows qualified businesses and investors to issue, trade, and manage  digital tokens  representing real economic assets under strict supervision. The policy gives legal shape to what was  once only a concept . It defines who may participate, the types of assets eligible for tokenization, and the compl…