Vietnam State Securities Commission Outlines 5 Target Crypto Asset Classes

At Conviction 2026, Mr. Tô Trần Hòa, Deputy Head of the Standing Committee of the Crypto Asset Trading Market Management Board (State Securities Commission), stated that in the initial phase, the domestic exchange could research issuing 5 types of assets:
► NFT (but not all NFTs must be traded through the exchange, for example, event ticket NFTs do not need to be)
► Tokenized commodities, such as cashew nuts or pepper brought onto the blockchain
► Cash flows, such as rental cash flows for real estate or building operations that are tokenized
► Tokenized real estate (must carefully consider usage rights issues before issuance)
► Green products, for example, solar energy projects
According to Mr. Hòa, for the issuance market, in the initial phase, only Vietnamese enterprises will issue crypto assets based on real assets for foreign investors, and only foreign investors can buy and sell. Vietnam crypto exchange
The exchange will not have trading pairs between crypto assets, only trading with VND, similar to the models in South Korea and Thailand.
