Deep Tide TechFlow news: on May 31, according to Viet Nam News, Vietnam’s Ministry of Finance proposed in a draft revision of the “Small and Medium Enterprise Support Law” that small and medium-sized enterprises be allowed to use digital assets, virtual assets, intellectual property, intangible assets, and assets that will be formed in the future as collateral for bank loans to improve financing availability for private enterprises and technology startups. The draft also encourages credit institutions to make loan decisions more based on credit ratings, business plans, the potential for market expansion, and company cash flow, and to reduce reliance on traditional collateral such as real estate. Vietnam’s Ministry of Finance said the policy is intended to unlock resources from the private sector and is consistent with Resolution No. 68 - NQ / TW.

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