Vietnam plans to allow SMEs to use digital assets, virtual assets, and intellectual property as collateral for loans.

CoinFeed reported on May 31 that, according to Viet Nam News, Vietnam's Ministry of Finance has proposed allowing SMEs to use digital assets, virtual assets, and intellectual property as collateral for bank loans. This proposal has been included in the draft amendment to the Law on Supporting SMEs, which is currently open for public comment. According to the draft, the government seeks to diversify the forms of acceptable loan collateral, rather than relying primarily on traditional assets such as real estate. Under the proposed framework, SMEs could use future assets, property rights, intellectual property, intangible assets, digital assets, virtual assets, and other legally recognized assets under Vietnamese law to obtain loans.