Vietnam May Let SMEs Use Digital Assets as Loan Collateral!

Vietnam's Ministry of Finance has proposed allowing small and medium-sized enterprises to use digital assets, virtual assets, and intellectual property as collateral for bank loans. The move is part of a draft amendment to the Law on Support for SMEs, currently open for public consultation, and is designed to broaden financing access for private companies and tech startups.

The draft would expand acceptable collateral beyond traditional property to include future-formed assets, property rights, and other lawful assets — a meaningful shift in how Vietnamese lenders could engage with the digital economy. The policy is framed as aligning with Resolution 68-NQ/TW of the Politburo, signalling top-level political backing for the reform.