Internet reports that Vietnam plans to launch a legal framework for digital assets by the end of March as part of a broader effort to promote economic growth. According to local media reports, the move came after Prime Minister Pham Minh Zheng signed Directive 05, which set a national growth target of 8% or higher by 2025. The Ministry of Finance (MOF) and the State Bank of Vietnam (SBV) have been designated to complete and submit proposals on regulating cryptocurrencies by the end of this month. The proposed legal framework is expected to provide greater clarity for the crypto business, allowing it to obtain funding and operate in a secure regulatory environment. Currently, crypto transactions in Vietnam are in a legal gray area because the country has not yet formally recognized this asset class. Despite this, crypto transactions are still widespread, with many companies choosing to register in overseas regions such as Singapore and the United States to circumvent local regulations.