Vietnam: Government adopted Fintech Sandbox Decree (No. 94/2025/ND-CP) establishing mandatory registration for controlled testing of digital financial services
Description
Government adopted Fintech Sandbox Decree (No. 94/2025/ND-CP) establishing mandatory registration for controlled testing of digital financial services
On 29 April 2025, the Government of Vietnam adopted Decree No. 94/2025/ND-CP, establishing a regulatory sandbox mechanism for the controlled testing of financial technology (fintech) solutions in the banking sector. Under the Decree, companies inclu…
Scope
Policy Area
Authorisation, registration and licensing
Policy Instrument
Business registration requirement
Regulated Economic Activity
digital payment provider (incl. cryptocurrencies), other service provider
Implementation Level
national
Government Branch
executive
Government Body
central government