Vietnam weighs letting SMEs pledge digital assets for loans after credit gap leaves them with 20% of bank lending

Vietnam's Ministry of Finance wants banks to accept digital assets, virtual assets and IP as collateral under a draft SME support law now in public consultation. SMEs and household businesses make up more than 98% of Vietnamese enterprises but hold only around 20% of bank credit, with SME loans at about VND3.8 quadrillion ($144.2 billion) at the end of April. This is still draft-stage policy, but the direction is clear: Vietnam wants intangible assets to become bankable collateral, not just balance-sheet dead weight.

TLDR by @Benthic

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