Vietnam Blockchain Summit 2023 organized by the Vietnam Software and IT Services Association and the Vietnam Blockchain Association, will take place over 2 days October 12-13 in Ho Chi Minh City. It is expected that the event will attract over 2,500 live delegates, including many major activities, such as exhibitions, investment connections, training workshops, and a metaverse experience area.

Blockchain technology is still considered by many countries as one of the important options for economic development goals. The global blockchain technology market size reaches 5.92 billion USD in 2021, about 7.18 billion USD in 2022 and is expected to reach 163.83 billion USD in 2029 (According to a report by Grand view research).

Vietnam is considered a market with the highest level of blockchain acceptance, as well as leading blockchain technology development. There are currently more than 10 Vietnamese creative startups with a capitalization of over 100 million USD and "unicorn" start-ups have appeared in this field.

Among the top 200 companies and businesses doing business based on blockchain technology in the world, there are 7 businesses founded by Vietnamese people. According to MarketsandMarkets, the blockchain-related market in Vietnam is expected to reach a value of nearly 2.5 billion USD by 2026, increasing 5 times in size compared to 2021.

Mr. Phan Duc Trung, Vice President of Vietnam Blockchain Association, shared that this year's event promises to create connecting highlights, which will create a cohesive ecosystem and promote technology transfer in the environment. Vietnam's current strong community; Initiate consulting programs, support strategic operational planning and connect capital sources for technology startups; Completing the institutional and legal framework for the blockchain industry in Vietnam; Expanding connections not only in the community in Vietnam but also towards multinational organizations and communities.

“The year 2023 is expected to have more positive changes not only in the market, but also technological innovations, tightening legal policies so that blockchain will soon become a foundational technology applied in the direction of design. food, serving social life", Mr. Phan Duc Trung emphasized.