Vietnam: Fintech Sandbox Decree (No. 94/2025/ND-CP) including testing requirements enters into force
Description
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…
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