Vietnam, and Austria discuss financial market supervision and crypto-asset regulation - Vietnam Investment Review - VIR

Vietnam and Austria have discussed experience in financial market management and supervision, with a particular focus on cryptoassets, investor protection, and anti-money laundering measures.

On September 15, Vietnamese Deputy Minister of Finance Nguyen Duc Chi held a working session in Vienna with Mariana Kühnel, the newly appointed executive director of the Austrian Financial Market Authority (FMA), to exchange experience in financial market supervision, and discuss future cooperation.

The meeting was attended by Vu Le Thai Hoang, Vietnamese Ambassador to Austria; Vu Thi Chan Phuong, chairwoman of the State Securities Commission (SSC); and senior officials from the Ministry of Finance, SSC, Vietnam Stock Exchange, and Vietnam Securities Depository and Clearing Corporation.

Deputy Minister Chi thanked Kühnel and the FMA for their reception and praised the information shared on Austria’s efforts to modernise financial management and supervision in response to rapid developments in science and technology and the emergence of new asset classes.

The two sides devoted significant attention to the crypto-asset market. Chi said Vietnam had established a pilot legal framework for crypto-asset activities and expected the first crypto-asset service providers to be licensed and begin operations in 2026.