BITGP affirms long-term commitment to the Vietnamese market

BITGP, a global Web3 technology organization (a general term for technologies that decentralize ownership and control of data on the internet such as blockchain), has just arrived in Vietnam as a strategic partner and sponsor of the Blockstar HCMC Meetup 2025 event, which recently took place in Ho Chi Minh City.

Blockstar HCMC Meetup is the opening activity of the 10-week BlockStar Incubation Program series co-organized by IDG Capital Vietnam, SSI Digital Ventures and Ho Chi Minh City Institute for Development Studies (HIDS), gathering more than 200 representatives from investment funds, technology startups, financial institutions and domestic and international blockchain experts.

The event gathered many investment funds, technology startups, blockchain experts...

At the event, Mr. Avant Le, Country Director of BITGP in Vietnam, shared his strategic perspective on the market: “Vietnam is not only a fast-growing market but also one of the rare countries in Southeast Asia that is showing clear movement from within: from the young, open-minded development community to traditional financial institutions that are gradually learning and applying Web3 to their operating models. From student development groups to investment funds, from the startup level to large banks – all are working together to find ways to implement Web3 in a practical way.”

Therefore, BITGP determines that its presence in Vietnam is not only a step to expand the market but also a long-term commitment to working with the local community to create Web3 technology infrastructure as an essential part of the national digital transformation process.

At the event, BITGP clearly shared its development orientation in the Vietnamese market: building Web3 application platforms capable of deep connection with practical fields such as business administration, transparent data storage, decentralized operations and integrating modern management processes in both the public and private sectors.

Web3 is inseparable from blockchain – the underlying technology that enables a transparent, decentralized, and verifiable digital environment. However, rather than just a technical concept, BITGP approaches blockchain as an infrastructure tool that enables applications that are more accessible, user-friendly, and can be integrated with existing systems.

Instead of pursuing theoretical models, BITGP emphasizes the practical element – ​​where Web3 technology needs to prove its value through usefulness, deployability in local environments, and meet the requirements of security, efficiency, scalability, and transparency.

BITGP said that Vietnam is the first market in Southeast Asia where the organization has decided to invest comprehensively – from technical resources, human resources, product infrastructure to building partnerships within and outside the industry. The goal is not only to operate the technology, but also to connect the local Web3 community with the global network that BITGP owns.

Pham Thu

Source: https://doanhnghiepvn.vn/kinh-te/tai-chinh-ngan-hang/bitgp-khang-dinh-cam-ket-dai-han-voi-thi-truong-viet-nam/20250422081538374