The Vietnam International Financial Center in Ho Chi Minh City (VIFC-HCM) launched a program titled "Crypto Asset Arena," scheduled for July and August this year. This initiative adopts a learn-practice-reward model, offering participants access to key concepts in blockchain, crypto assets, data, digital ownership, risk management, and emerging value models within the digital economy.

Nguyen Huu Huan, Vice Chairman of VIFC's international financial center operating agency, speaks at the launch event. *Photo: BTC*

Nguyen Huu Huan, Vice Chairman of VIFC-HCM's operating agency, stated the program aims to bridge the gap between theoretical knowledge and practical application, helping learners understand how the digital asset market functions. The organizers intend to foster an environment where participants can develop analytical thinking, risk management, and decision-making skills in real-world scenarios.

Participants will receive comprehensive learning materials, complete competency assessments, and engage in a simulated trading environment. This environment is built on the technology platform of Sacom Crypto Asset Exchange Joint Stock Company (SCEX).

Nguyen Minh Huong, General Director of SCEX, explained that the simulation platform was developed to provide users a safe space to explore the digital asset market before engaging in actual trading activities.

Nguyen Minh Huong, General Director of SCEX, introduces the simulation technology platform. *Photo: BTC*

The program incorporates an achievement tracking system based on criteria such as course completion, simulated portfolio performance, risk management, and decision-making abilities. The total prize value for participants exceeds 1,6 billion VND. Additionally, the program plans to host 25 specialized events focusing on blockchain, crypto assets, and the digital economy.

The organizers highlight that this program is timely, given the increasing importance of blockchain and digital assets in the digital economy. The government's Resolution No. 05/2025/NQ-CP, outlining a pilot mechanism for the crypto asset market, signals a preparatory phase for establishing this market in Vietnam.

Citing a Chainalysis report, the organizers noted Vietnam is among the top 5 countries globally for digital asset adoption. For the 2024-2025 period, crypto asset-related capital flows in Vietnam are estimated to exceed 220 billion USD, with approximately 17 million people interested in or owning digital assets.

Within this program, VIFC-HCM serves as a crucial link between policy and market, promoting the adoption of blockchain, fintech, and innovative financial models. VBI Academy delivers the educational content, including digital transformation and technology programs, while SCEX provides the simulated trading platform for practical application.

An SCEX representative confirmed the company has finalized its technology infrastructure, adhering to level 4 information security standards. Its core trading and risk management systems meet international operating practices, positioning SCEX for participation in Vietnam's official crypto asset market.

Hoai Phuong