Vietnam: Testing requirements in Fintech Sandbox Decree (No. 94/2025/ND-CP)
Progress
Current status
in force
01 Jul 2025 in force
29 Apr 2025 adopted
Scope
Implementers
Vietnam
Policy Area
Design and testing standards
Policy Instrument
Testing requirement
Regulated Economic Activity
digital payment provider (incl. cryptocurrencies)
other service provider
software provider: other software
Government Branch
executive
Government Body
central government
Implementation Level
national
Timeline of events
Fintech Sandbox Decree (No. 94/2025/ND-CP) including testing requirements enters into force
On 1 July 2025, Decree No. 94/2025/ND-CP enters into force, establishing regulations for a controlled testing mechanism for innovative fintech solutions in the banking sector. The decree establishes a formal sandbox framework enabling approved entit…
SourceEvent type
order
Action type
implementation
Government branch
executive
Government body
central government
Government issued Fintech Sandbox Decree (No. 94/2025/ND-CP) including testing requirements
On 29 April 2025, the government issued Decree No. 94/2025/ND-CP, setting out regulations for a controlled testing mechanism for fintech solutions in the banking sector. The decree establishes a formal sandbox framework enabling approved entities to…
SourceEvent type
order
Action type
adoption
Government branch
executive
Government body
central government