In the draft Law on Digital Technology Industry, the Government has recently introduced important contents to develop the digital technology industry, especially artificial intelligence (AI) and digital assets. On October 8, the National Assembly Standing Committee gave its opinion on this bill. Let's find out with HVA in the article below.
Supplemental Regulations on Digital Assets and Artificial Intelligence
Presenting the Government's proposal, Minister of Information and Communications Nguyen Manh Hung said the bill proposes to add content on digital assets, artificial intelligence (AI) and adjust the content of "semiconductor microchip" to "semiconductor".
The bill, for the first time, devotes a chapter to regulating artificial intelligence (AI), considering it one of the core digital technologies. The content includes the definition, management principles and development of AI, along with giving the Government the right to regulate in detail.
In addition, digital assets – a new concept in the Vietnamese legal system – are clearly defined as intangible assets in the form of digital data, created, released, stored and transferred in the electronic environment. These assets will be protected by law as property rights, according to civil and intellectual property regulations.
The Concept of Digital Assets Appears in Law for the First Time
National Assembly Chairman Tran Thanh Man emphasized the importance of including digital assets and artificial intelligence in legal documents. This is the first time the concept of digital assets has been mentioned in the law, opening up great opportunities for the management and development of this type of asset in Vietnam. Standardizing concepts and understandings will help people easily access and apply when the law officially comes into effect.
Chairman of the Law Committee Hoang Thanh Tung also added that not including digital assets in the law will make Vietnam fall behind global trends. Therefore, this regulation is considered an important step in shaping the legal foundation for digital assets and AI in Vietnam.
HVA Pioneers in Building Digital Asset Investment Portfolios
HVA Group has demonstrated its pioneering role in building a digital asset portfolio, not only through the application of blockchain technology but also by optimizing investment opportunities in emerging digital assets. Early identification and investment in these types of assets has helped HVA affirm its position in the financial industry.
Notably, HVA's portfolio includes leading digital assets such as Ethereum and Onus Chain, which are blockchain projects with solid foundations and long-term growth potential. From a profit perspective, HVA's investment in Onus Chain has generated significant growth. With a total investment of VND 25 billion, this portfolio has brought in a profit of VND 28,181,481,481, an increase of VND 12,73% compared to the initial investment. This is a testament to HVA's ability to select investment portfolios, not only based on current potential but also forecasting the long-term development of blockchain projects.
Investing in the ETH blockchain platform is also a strategic move for HVA. The cooperation with ETH Blockchain Company in October 2024 has opened up great opportunities in exploiting ETH digital assets through the staking mechanism. The result is a profit of 10,492,000,244 VND, an increase of 4,92% compared to the initial investment capital. This shows that HVA not only focuses on assets that have established a position in the market such as Ethereum, but also seeks opportunities in new asset classes through advanced financial mechanisms such as staking and DeFi.
Investing in blockchain projects not only brings financial benefits, but also contributes to creating a diverse digital asset ecosystem, with the guarantee of blockchain technology. This helps HVA increase transparency, security and optimize business processes, thereby strengthening investor confidence. HVA's investment portfolio is built on a sustainable development foundation, not only meeting short-term needs but also orienting long-term growth, contributing to the development of the digital economy in Vietnam.
Conclude
Building HVA’s digital asset portfolio not only opens up development opportunities in the financial technology sector but also contributes to promoting the development of the blockchain ecosystem in Vietnam. The portfolio is a testament to HVA’s commitment to applying blockchain technology and bringing sustainable value to investors. With a clear development strategy and great potential, HVA will continue to lead in financial development and contribute to the sustainable growth of the digital economy.
