Vietnamese blockchain project receives $1 million funding from Binance
Binance, the global cryptocurrency exchange, has announced a significant two-year investment in Vietnam aimed at advancing blockchain education, innovation, and talent development. Known as the "Blockchain for Vietnam" program, this initiative is set to inject over US$1 million (approximately VND 26 billion) into the Vietnamese blockchain ecosystem.
The program, which runs from July 2025 to July 2027, focuses on three strategic pillars: empowering educators, fueling industry innovation, and nurturing future leaders.
Empowering Educators ---------------------
Binance will deliver training programs for university professors, equipping them with essential blockchain knowledge and teaching tools. This initiative aims to build strong foundational blockchain education within Vietnamese universities, fostering innovation nationwide.
Fueling Industry Innovation -----------------------------
The program will fund pilot blockchain projects in key sectors such as tourism and agriculture. These projects are designed to showcase blockchain's ability to improve transparency, efficiency, and produce tangible economic benefits in Vietnam’s vital industries.
Nurturing Future Leaders -------------------------
The program includes scholarships and financial support for students from undergraduate through PhD levels, helping to develop the next generation of blockchain experts in Vietnam.
Real-world Impact ------------------
By empowering educators, the initiative aims to mainstream blockchain knowledge in higher education, going beyond IT faculties to broaden blockchain literacy across disciplines. The funded pilot projects serve as real-world demonstrations of blockchain's practical applications in Vietnamese economic sectors, helping to accelerate adoption and industry transformation.
Strategic Importance ---------------------
Vietnam is seen by Binance as a dynamic blockchain hub in Asia, characterized by its high digital asset adoption rates, a large pool of young tech engineers, and a progressive regulatory environment that supports innovation. This initiative aligns with Binance’s global mission to promote sustainable blockchain adoption and digital economic empowerment through technology.
Collaborations --------------
The program also involves partnerships with key domestic technology groups such as HVA Group, which contributes by sharing resources, conducting workshops, and collaborating with universities to develop practical blockchain curricula tailored for Vietnam’s ecosystem.
In summary, Binance’s "Blockchain for Vietnam" initiative is a comprehensive investment in education, innovation, and talent, designed to catalyze the blockchain ecosystem in Vietnam and create real economic and social impact through technology adoption.
- Binance's "Blockchain for Vietnam" program targets university professors for essential blockchain training, aiming to foster strong blockchain education within Vietnamese universities, thereby promoting innovation in the nation.
- Within the initiative, Binance plans to fund pilot blockchain projects in key sectors like tourism and agriculture, demonstrating blockchain's potential to enhance transparency, efficiency, and economic benefits in Vietnam's vital industries.
- The "Blockchain for Vietnam" program provides scholarships and financial support for students from undergraduate to PhD levels, nurturing the next generation of blockchain experts and furthering the development of Vietnam's blockchain talent pool.
