How Blockchain Is Being Tested in Vietnam’s Logistics Infrastructure

Vietnam is rapidly emerging as a hub for blockchain innovation, particularly within its logistics sector. With a national strategy aimed at positioning the country as a regional leader in blockchain application by 2030, Vietnam is actively exploring how this technology can enhance transparency, efficiency, and security in logistics operations.​vietnamnews.vn

National Strategy and Government Initiatives

In October 2024, Vietnam’s Deputy Prime Minister approved a national strategy to develop and apply blockchain technology until 2030. This strategic decision aims to transform Vietnam into a leading country in the region for blockchain research, development, and application capabilities. By 2025, the plan includes developing foundational blockchain infrastructure that complies with regulations on cybersecurity and data protection. By 2030, the infrastructure will be expanded to provide services domestically and internationally, with the establishment of 20 reputable blockchain brands and at least three blockchain technology testing centers in major cities. ​vietnamnews.vn+1Tilleke & Gibbins+1

To support these goals, the Ministry of Information and Communications, along with the National Electronic Authentication Center (NEAC), is implementing an action plan focusing on legal frameworks, infrastructure development, human resource cultivation, and international cooperation. ​Baker McKenzie InsightPlus+2english.mic.gov.vn+2Tilleke & Gibbins+2

Blockchain Applications in Logistics

Blockchain technology offers several advantages for logistics, including enhanced transparency, improved traceability, and increased efficiency. In Vietnam, logistics service providers are exploring blockchain to address challenges such as fragmented supply chains and lack of real-time data sharing. A study analyzing the application of blockchain among Vietnamese logistics service providers highlights its potential to improve operational efficiency and reduce costs. ​vietnamstijournal.net

One notable application is in the traceability of agricultural products. For instance, Vietnam Blockchain Corporation developed a closed traceability system using blockchain technology for Sagrifood, a subsidiary specializing in livestock and food processing. This system enables end-to-end tracking of products, ensuring food safety and quality control. ​AusChain Pty Ltd+1Vietnam Blockchain Corporation+1

Pilot Projects and Case Studies

Vietnam has initiated several pilot projects to test blockchain’s viability in logistics. These projects aim to demonstrate the technology’s effectiveness in real-world scenarios. For example, a framework has been proposed to implement blockchain for tracing the dairy supply chain in Vietnam, addressing food safety issues and improving product traceability. ​Ken Research+1Tojqi+1Herald Open Access

Additionally, the application of blockchain in the fishery supply chain is being explored to enhance transparency and efficiency in global fishery logistics. This initiative focuses on managing the production and consumption chains of Vietnamese pepper, providing a blockchain-based solution for traceability. ​gsis.sogang.ac.krVietnam Blockchain Corporation

Challenges and Considerations

Despite the promising applications, the adoption of blockchain in Vietnam’s logistics sector faces challenges. These include the need for a skilled workforce, the development of standardized legal frameworks, and ensuring data privacy and security. The government recognizes these challenges and is taking steps to address them through its national strategy, which includes establishing blockchain research centers and integrating blockchain education into university programs. ​Tilleke & Gibbins

Future Outlook

Vietnam’s commitment to integrating blockchain into its logistics infrastructure is evident through its strategic initiatives and pilot projects. As the country continues to develop its blockchain ecosystem, it is poised to become a regional leader in blockchain application within logistics. The ongoing efforts to build infrastructure, develop human resources, and create supportive legal frameworks will be crucial in realizing this vision.​vietnamnews.vn

References:

1. Vietnam’s National Strategy on Blockchain – Tilleke & Gibbins ​Tilleke & Gibbins

2. Blockchain 3.0: Driving Logistics Efficiency in Vietnam – InCorp Vietnam ​InCorp Vietnam

3. Vietnam’s blockchain strategy targets regional leadership by 2030 – Ministry of Information and Communications ​english.mic.gov.vn+1vietnamnews.vn+1

4. Applying blockchain technology in Vietnamese logistics service providers – Vietnam STI Journal ​vietnamstijournal.net

5. Framework for Blockchain Implementation to Trace the Vietnam Dairy Supply Chain – Herald Open Access ​Taylor & Francis Online+4Herald Open Access+4Tojqi+4

6. Vietnam Blockchain implemented Blockchain Traceability for Sagrifood’s Key Products – Australia Blockchain ​Vietnam Blockchain Corporation+2AusChain Pty Ltd+2Vietnam Blockchain Corporation+2

7. A Blockchain Solution for Vietnamese Pepper Traceability – Vietnam Blockchain Asia ​Vietnam Blockchain Corporation+7Vietnam Blockchain Corporation+7Theinvestor+7