On January 21, 2025, a significant event took place at the Hoa Lac High-Tech Park in Hanoi as the blockchain complex project was officially launched. This marks a major step forward in the development of blockchain and digital technologies in Vietnam. The blockchain complex in Hanoi is not only of great significance to the tech industry but also positions Vietnam as a prominent player in the global digital transformation ecosystem.
Objectives and importance of the Blockchain complex in Hanoi
The blockchain complex in Hanoi is being built on a 1.7-hectare site at the Hoa Lac High-Tech Park. With the aim of becoming Vietnam’s leading blockchain research and development center, the project will provide a conducive environment for tech businesses, especially startups, to research and develop advanced technology solutions. The complex will serve as a solid foundation for blockchain technology sandbox activities, where blockchain ideas and products can be tested, developed, and practically applied.
One of the key objectives of the complex is to promote the research and development of blockchain technology domestically, while creating a robust ecosystem that supports blockchain and digital tech companies. This not only contributes to the overall growth of the digital tech industry in Vietnam but also elevates Vietnam’s standing in the global blockchain market.
Investment commitments and support from strategic partners
The blockchain complex project in Hanoi has received strong investment commitments from financial institutions, with SSI Digital Ventures, a member of SSI Securities Corporation, announcing a planned investment of up to $200 million into the project. Additionally, with joint investment commitments from strategic partners, the total investment in the complex is expected to reach $500 million. This investment will not only go toward building modern infrastructure but also support blockchain startups, helping them access capital and sustainable growth opportunities.
Mr. Mai Huy Tuan, CEO of SSI Digital Technology JSC, shared: “The project will act as an incubator where startups in fields such as blockchain and AI can explore cooperation, development, and market expansion opportunities.” This opens up significant prospects for both domestic and international startups, as they will be able to grow in a collaborative and innovative environment.
Blockchain complex: Opportunities for new technology development in Vietnam
The blockchain complex in Hanoi is not only a hub for blockchain research but also an opportunity for companies and organizations to develop other advanced digital technologies, such as AI, IoT (Internet of Things), and high-tech solutions. This project contributes to the national strategy for digital transformation and the development of the digital economy, helping position Vietnam as a leader in blockchain adoption in Southeast Asia.
With the rapid global development of blockchain, establishing a blockchain technology development center in Hanoi will create an ideal environment for both startups and large corporations in the tech industry. Companies will be able to access financial resources, collaborate with strategic partners, and test new technology solutions at the complex. This is an opportunity for Vietnam to enhance its competitiveness in the global tech industry and attract international investors’ attention.
Building a strong technology ecosystem
The blockchain complex project in Hanoi clearly demonstrates Vietnam’s strong commitment to building a robust technology ecosystem. This is not just a research center but also a foundation for fostering innovation in blockchain and other digital technologies. With support from major financial institutions and strategic partners, the blockchain complex will become an ideal destination for investors, tech experts, and startups.
With the goal of making Vietnam a leader in blockchain technology adoption in Southeast Asia, the blockchain complex in Hanoi will play a crucial role in the development of technology and serve as a driving force for Vietnam’s digital economy and digital transformation.
The groundbreaking ceremony of the blockchain complex in Hanoi marks an important milestone in the development of the blockchain industry in Vietnam. This project will create an ideal collaborative environment that supports blockchain businesses, startups, and both domestic and international investors. With an investment commitment of up to $500 million, the blockchain complex in Hanoi will help drive the development of Vietnam’s digital economy and position the country as a leading tech hub in Southeast Asia.
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