<\/div><\/div>Title: Vietnam Enters New Web3 Phase: From Crypto Speculation to Building Sustainable Digital Infrastructure<\/strong><\/p>
Keywords:<\/strong>Web3, Vietnam, digital infrastructure, Da Nang, international financial center, digital assets, innovation and entrepreneurship, blockchain, digital economy<\/p>
The 2026 Web3 Builders' Summit reflects a notable shift in how Vietnam views Web3. If in the past Web3 was often associated with cryptocurrencies, digital assets, or short-term speculation, now the Vietnamese developer community is focusing more on a pragmatic direction: building digital infrastructure, developing real-world applications, and forming a sustainable product ecosystem.<\/p>
This change is not happening in a vacuum. It coincides with Vietnam gradually improving the legal framework for digital asset markets and pushing the Vietnam International Financial Center in Da Nang into operation. These factors are building a new foundation, not only for tech enterprises but also for the country's overall digital transformation and innovation and entrepreneurship.<\/p>
One of the clearest signals from the Vietnamese Web3 community is the shift from speculative thinking to building thinking. Developers are no longer focused only on token prices or short-term gains, but are increasingly concerned with how Web3 can directly serve the digital economy.<\/p>
In this context, Web3 is no longer just a concept about digital assets; it is becoming a foundational layer for multiple important fields. Digital payments, digital data, e-identity, decentralized finance, and enterprise applications are gradually becoming areas with clear real-world potential. This is a step from "asset narrative" to "platform narrative."<\/p>
Ms. Dasha Chernozub, Dash representative, emphasized that the core value of Web3 in this new phase is to become a simple, accessible, and useful infrastructure for ordinary users. This view reflects a common trend in the global market: technology is meaningful only when it is naturally integrated into daily life and business activities, not confined to experimentation or speculation.<\/p>
Dash is focusing on developing fast, low-cost payment solutions and supporting the construction of decentralized applications that meet real needs. This path shows a clear direction: for Web3 to be sustainable, it must solve specific problems in the market, not just create tradable assets.<\/p>
Another noteworthy change is the rapid increase in the size and diversity of Vietnam's Web3 ecosystem. Nguyen Xuan, representative of Avalanche Team1 Vietnam, said the Avalanche ecosystem currently has over 600 projects covering more than 20 fields, from AI, data, and physical asset tokenization to DeFi and enterprise applications.<\/p>
This figure not only shows the attractiveness of blockchain technology but also reflects a deeper fact: Vietnamese developers are participating in areas with higher application value, rather than just circling around models that create short-term attention. This pushes the ecosystem into a structured stage where technology, capital, institutions, and talent begin to converge.<\/p>
Pham Bao Long, founder of sqrDAO, believes that with elements like institutions, technology, and financial resources gradually synergizing, Vietnam's Web3 is entering a more systematic development stage. This judgment is important because a tech ecosystem matures only when it no longer relies on speculative waves, but is nurtured by clear policy frameworks, a strong developer community, and sufficiently flexible experimental mechanisms.<\/p>
In other words, Vietnam's Web3 is moving from being "active but fragmented" to becoming "stable and deep."<\/p>
In this transformation landscape, Da Nang is emerging as a new center for innovation, digital technology, and experimentation with new financial models. The city is not only known for its high quality of life but is also positioning itself as a digital economy growth pole.<\/p>
Vo Duc Anh, Deputy Director of Da Nang Innovation and Entrepreneurship Support Center, said Da Nang is building an ecosystem that connects tech startups, investors, international experts, and policy experimentation infrastructure. He believes that what matters is not just hosting tech events, but creating a long-term development environment for startups.<\/p>
This approach shows that Da Nang's development thinking has moved beyond chasing short-term attention. The city not only wants to appear on the tech map through events but also aims to build sufficiently high-quality "soil" where ideas can sprout, experiment, fail, adjust, and gradually mature.<\/p>
In a market like Web3, where technology changes rapidly and innovation cycles are short, a local ecosystem that supports experimentation is a decisive factor. Without room for experimentation, tech innovation struggles to create real value; without a long-term vision, potentially promising projects can be swept away by short-term market waves.<\/p>
The official launch of the Vietnam International Financial Center in Da Nang opens a new phase for the city and the tech community. With a special mechanism, the center is expected to provide space for experimenting with new financial and tech models within a controlled risk framework.<\/p>
This is especially important for Web3. The essence of Web3 is the combination of decentralized technology, transparent data, and new financial models. However, for these models to take root, they need both a clear legal environment that allows businesses to invest with confidence and flexible institutions that avoid stifling innovation.<\/p>
Many startups believe that establishing a financial center with special mechanisms will help Da Nang experiment with new models under conditions that control risk while encouraging innovation. This lays an important foundation for the city not just as a technology recipient, but as a birthplace for new application models in the region.<\/p>
If implemented properly, Da Nang can become a "springboard" for Web3 solutions such as payments, identity, data and asset digitization, and further strengthen connections with international capital flows and expert networks.<\/p>
Although infrastructure and experimental mechanisms are important conditions, Web3 development still heavily depends on talent. The leadership of Da Nang has also emphasized this awareness. Vice Chairman of Da Nang People's Committee, Ho Quang Bao, said the city will continue to invest in digital infrastructure, innovation spaces, startup support programs, and investment matching networks; while strengthening cooperation with universities, research institutes, and tech enterprises to attract and cultivate high-quality talent.<\/p>
This is the right direction. Because in the Web3 field, competitive advantage lies not only in capital or technology, but also in cultivating a workforce that combines product thinking, technical ability, and market understanding. Only with a sufficiently strong talent base can the ecosystem achieve sustainable development, create real products, solve actual problems, and maintain operations long-term.<\/p>
Vietnam has a clear advantage in its young, dynamic engineer community that is keenly responsive to tech trends. However, turning this advantage into national competitiveness requires close collaboration between government, enterprises, educational institutions, and the developer community. Then Web3 will no longer be just an activity for a few tech people, but become part of a broader digital economy development strategy.<\/p>
Overall, Vietnam's Web3 is entering a more mature development stage. The community's focus is no longer on asset value narratives, but on infrastructure, applications, and business models that can survive long-term. This aligns with the development trend of the digital economy, where real value comes from the ability to serve users and businesses sustainably.<\/p>
For Vietnam, this is an important time to establish its position in the new tech value chain. If it can build a suitable legal framework, effective experimental mechanisms, and a high-quality talent ecosystem, Vietnam has a strong opportunity to become a key destination for regional Web3 enterprises.<\/p>
Da Nang, committed to becoming a center for technology, innovation, and startup communities, holds a special opportunity. The city can not only lead the Web3 application wave at the local level but also serve as Vietnam's gateway for new financial and tech models.<\/p>
Vietnam's Web3 is transitioning from a topic associated with speculation to a strategy for building digital infrastructure. This change reflects the maturity of the tech community and the increasing importance of institutions, experimental mechanisms, and the innovation and entrepreneurship ecosystem.<\/p>
With the legal framework for digital assets gradually improving and the Da Nang International Financial Center officially in operation, Vietnam has a rare opportunity to shape a new path for Web3: more pragmatic, more sustainable, and closer to the real economy.<\/p>
If it can seize this opportunity, Vietnam can not only participate in the global Web3 race but also help redefine how decentralized technology is applied in life, business, and governance in the digital age.<\/p>
Introduction<\/h2>
From "Cryptocurrency" to Digital Infrastructure Building Race<\/h2>
Vietnam's Web3 Ecosystem Enters Structured Development Stage<\/h2>
Da Nang Becomes Strategic Destination for New Tech Wave<\/h2>
Da Nang International Financial Center and the Role of Experimental Mechanisms<\/h2>
From Policy to Talent: Key Factors for Long-Term Growth<\/h2>
Prospects for Vietnam's Web3 in the New Phase<\/h2>
Conclusion<\/h2>
