Vietnam: Government issued Fintech Sandbox Decree (No. 94/2025/ND-CP) including testing requirements
Description
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…
Scope
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
Implementation Level
national
Government Branch
executive
Government Body
central government