Vietnam’s Ministry of Finance has proposed letting small and medium-sized enterprises use digital property, digital property and mental property as collateral for financial institution loans.
The proposal is a part of a draft revised Regulation on Help for SMEs, which is open for public session, in response to a Friday report by Vietnam Information. Beneath the framework, companies might safe loans utilizing future-formed property, property rights, intangible property and digital or digital property.
SMEs and family companies account for greater than 98% of all enterprises in Vietnam, but excellent loans to the phase signify solely round 20% of complete financial institution credit score within the financial system, per the report. The Ministry attributed the imbalance to an absence of eligible collateral, restricted monetary transparency and the small capital base of most SMEs.
Many startups and technology-driven corporations maintain worthwhile software program, patents or mental property however don’t have any land or bodily property to pledge, the report claimed. The brand new proposal marks a coverage shift that might open up credit score entry for 1000’s of startups and tech corporations presently locked out of the formal lending system.
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Vietnam needs banks to lend on enterprise plans
The draft additionally pushes credit score establishments to develop lending based mostly on credit score scores, enterprise plans, money flows and market potential, relatively than mounted property alone.
Past collateral reform, the draft regulation outlines incentives for inexperienced and sustainable companies, together with preferential entry to credit score ensures, concessional financing and interest-rate help for round financial system and energy-saving initiatives. Tax incentives and help for ESG compliance reporting are additionally included.
The draft is presently open for public session.
Vietnam has change into one of the energetic crypto markets on the planet, rating fourth in Chainalysis’ 2025 World Crypto Adoption Index behind India, the US and Pakistan.
World cryptocurrency adoption index. Supply: Chainalysis
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Vietnam eyes Q3 launch of regulated crypto market
As Cointelegraph reported, Vietnam might see its first regulated crypto market exercise as early because the third quarter of 2026, Deputy Minister of Finance Nguyen Duc Chi mentioned on the Digital Belief in Finance 2026 discussion board.
In March, regulators opened a licensing pathway for home crypto buying and selling platforms earlier this yr, with 5 corporations, together with associates of Techcombank, VPBank and LPBank, having already handed an preliminary qualification spherical to launch the nation’s first regulated trade.
Journal: Information to the highest and rising international crypto hubs — Mid-2026