Blockchain Technology Consulting in Vietnam Market

Blockchain in Vietnam is no longer a niche topic reserved for cryptocurrency enthusiasts. Farmers are using it to prove the origin of their crops, game studios are building entire virtual worlds on it, and hospitals are testing it to safeguard patient records. These real-world experiments show how blockchain technology is steadily moving from theory to practical value. As adoption grows, so does the demand for blockchain technology consulting to help organizations turn ideas into scalable, compliant solutions.

At the same time, blockchain in Vietnam is gaining strong momentum. Developers are eager to experiment, startups are pushing boundaries, and industries are seeking greater transparency and trust. What once sounded like a buzzword is now becoming a foundation for digital transformation. Vietnam is emerging as one of the most dynamic markets where blockchain consulting services play a key role in guiding adoption across sectors.

Read more: Top 5 Blockchain Countries in Asia

In this blog, we’ll take a closer look at the blockchain landscape in Vietnam, highlight key applications across industries, and explore the opportunities and challenges shaping the future of blockchain technology consulting in Vietnam.

The Landscape of Blockchain in Vietnam

Source: TechSci Research

Market Size and Ecosystem

Vietnam’s blockchain market has experienced rapid growth, with recent estimates valuing it at around USD 350 million. This expansion is driven by the country’s digitalization push, strong fintech adoption, and the government’s ambition to build e-government platforms. Blockchain is increasingly viewed as a core enabler of Vietnam’s digital economy, creating rising demand for blockchain technology consulting to design secure, scalable architectures.

Hanoi and Ho Chi Minh City have emerged as innovation hubs where blockchain startups, incubators, and investment funds converge. Their dominance reflects strong infrastructure, a favorable business environment, and access to skilled IT professionals, all of which support the growth of professional blockchain consulting services.

Beyond startups, public awareness and adoption of blockchain-based services have grown significantly. Vietnam consistently ranks among the top countries worldwide for cryptocurrency adoption. However, regulation has not fully caught up. While the government supports innovation through pilots and sandboxes, a comprehensive legal framework is still evolving, making expert blockchain technology consulting essential for risk management and compliance.

Government Strategy and Regulatory Framework

Vietnam has taken a proactive approach to shaping its blockchain future. In 2024, the government announced the National Blockchain Strategy (2024–2030), a roadmap aimed at positioning Vietnam as a regional leader in blockchain innovation. Rather than focusing solely on cryptocurrencies, the strategy promotes blockchain as a backbone for national digital transformation, increasing the need for blockchain technology consulting partners who understand both technology and policy.

Key objectives include developing national blockchain infrastructure, ensuring cybersecurity and data protection, and strengthening talent development. Universities and research institutions are encouraged to integrate blockchain into curricula, while regulatory sandboxes allow enterprises to test solutions under government oversight.

A major milestone is the launch of NDAChain, a government-backed national blockchain platform designed for digital identity, data traceability, and authentication. Its applications span healthcare, finance, education, and logistics, reinforcing Vietnam’s commitment to not only regulate but actively deploy blockchain with guidance from blockchain technology consulting experts.

Challenges of Blockchain in Vietnam

Despite strong momentum, several challenges continue to limit large-scale adoption. Regulatory uncertainty remains the most significant barrier. While Vietnam has introduced the National Blockchain Strategy and passed the Law on Digital Technology Industry (2025), clarity around crypto assets, tokenized securities, taxation, and cross-border transactions is still limited. This uncertainty increases the importance of blockchain technology consulting to help businesses navigate compliance.

Talent is another challenge. Although Vietnam has a large pool of IT professionals, advanced blockchain expertise in cryptography, consensus mechanisms, and governance remains concentrated in a small community. This skills gap is accelerating investments in education, training, and professional blockchain consulting services to build sustainable capabilities.

Blockchain Talent in Vietnam

Overview

Vietnam’s young, tech-savvy population is a major advantage. With more than 57,000 IT graduates annually, the foundation for blockchain development is strong. Many developers are self-taught, contributing to the rise of Web3 startups and global successes such as Axie Infinity—often supported by experienced blockchain technology consulting teams.

Talent Development Today

The shortage of blockchain specialists has created opportunities for rapid growth. Demand for blockchain engineers is high, prompting universities and private organizations to launch targeted training programs. Initiatives like the Basic Blockchain Course for Lecturers are helping build long-term capacity for blockchain consulting and development.

Education and National Strategy

Talent development is a central pillar of the National Blockchain Strategy (2024–2030). Programs such as the Vietnam Academy of Blockchain and AI Innovation (ABAII) aim to train 1 million Vietnamese in blockchain and AI skills. This national-scale effort signals that blockchain education, supported by structured blockchain technology consulting, is becoming a strategic priority.

Future Outlook

With the blockchain market projected to grow at nearly 29% annually and reach almost USD 39 billion by 2031, Vietnam’s talent pipeline is becoming a key competitive advantage. What once appeared to be a talent shortage is now an opportunity for Vietnam to emerge as a regional hub for blockchain technology consulting and expertise.

Key Applications of Blockchain in Vietnam

Blockchain is reshaping Vietnam’s financial sector by enabling faster cross-border payments, reducing fraud, and improving compliance. Fintech sandboxes, such as Da Nang’s pilot programs, demonstrate how blockchain consulting can support real-world deployments like low-cost digital asset conversions and secure digital identity via NDAChain.

GameFi and NFTs

Vietnam’s global success with Axie Infinity highlighted the country’s potential in GameFi and NFTs. Today, developers are shifting from speculative models to sustainable ecosystems, where blockchain technology consulting helps design secure tokenomics, governance, and long-term value for players.

Supply Chain and Logistics

Blockchain is transforming supply chain transparency in Vietnam. Systems like NDATrace enable traceability for coffee, seafood, and textiles, meeting international GS1 standards. These solutions showcase how blockchain consulting services support exporters in building trust with global partners.

Healthcare

In healthcare, blockchain is being tested to secure patient records and track pharmaceuticals. Pilot projects demonstrate how decentralized ledgers can improve data integrity and privacy—areas where blockchain technology consulting is critical to ensure compliance and scalability.

What’s Ahead for Blockchain in Vietnam

Greater regulatory clarity

Vietnam is expected to further refine its blockchain legal framework. With over 21.2 million adults owning or using digital assets, regulatory clarity is essential. This environment will continue to drive demand for blockchain technology consulting to help businesses adapt safely.

Expansion of national infrastructure

Government-backed platforms are also scaling up. NDAChain, launched in 2024, already operates with 49 validator nodes and a throughput of around 3,600 transactions per second (TodayQ, 2024). The platform is set to be fully integrated into the National Data Center in 2025 and expanded to provinces and universities by 2026.

More public-private partnerships

Vietnam’s ecosystem now includes over 200 active blockchain projects. Stronger collaboration between government, startups, universities, and blockchain technology consulting firms will be critical to move from pilots to large-scale adoption.

Emerging use cases

Blockchain’s role will likely grow in e-government services, land registries, real estate, and environmental monitoring. For example, the supply chain finance market in Vietnam, projected to grow at 10.96% CAGR from 2024 to 2030 (BlueWeave, 2024), highlights the demand for transparency tools in logistics and trade. Meanwhile, blockchain-based carbon credit tracking or green energy monitoring could align with Vietnam’s sustainability agenda, creating new opportunities for innovation.

Increased integration with other technologies

Blockchain in Vietnam will increasingly converge with AI, IoT, and privacy-enhancing technologies. These integrations will accelerate adoption and reinforce Vietnam’s position as a regional leader in blockchain technology consulting and innovation.

Conclusion

Vietnam’s blockchain journey is still in its early chapters, but the momentum is undeniable. A young digital workforce, strong government backing, and a growing ecosystem of startups and enterprises are creating fertile ground for blockchain technology consulting to thrive.

While challenges around regulation, talent, and security remain, the market’s rapid growth presents a compelling opportunity. With initiatives like the National Blockchain Strategy and NDAChain providing structure and direction, Vietnam is well-positioned to become one of Asia’s most active blockchain hubs.

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