PANews reported on June 1st that, according to FinanceFeeds, Vietnam's Ministry of Finance has formally submitted a draft amendment to the Law on Support for Small and Medium-sized Enterprises (SMEs), proposing to allow domestic credit institutions to accept digital and virtual assets as valid collateral for commercial bank loans. Currently, SMEs account for over 98% of all registered enterprises in Vietnam (930,000 in total), but receive only 19% to 20% of the total outstanding loans from the banking system. The amendment will rewrite Article 8, encouraging commercial banks to accept movable property, intellectual property, future assets, and digital assets as loan collateral. If the draft is submitted to the National Assembly for approval in October 2026, the new regulations will take effect on July 1, 2027.