The Vietnamese Ministry of Public Security plans to legislate to include digital assets within the scope of electronic identity recognition.

According to Odaily, the Vietnamese Ministry of Public Security has proposed in the draft of the "Electronic Identification and Authentication Law" to expand the scope of electronic identification targets, including data, applications, digital assets, and various other assets. The draft stipulates that electronic identification targets will not only include institutions, organizations, and individuals, but will also extend to physical entities such as products, goods, and devices, as well as digital resources and digital assets, including databases, documents, images, and videos. The identification of digital assets will be governed according to the Digital Technology Industry Law. The draft also provides mechanisms for the suspension, restoration, and cancellation of electronic identities and identification codes. The Vietnamese Ministry of Public Security stated that current electronic identification primarily serves citizens and government digital initiatives; however, given the rapid development of the digital economy and digital society, it is necessary to establish a unified identification mechanism that covers various entities in both physical and digital environments.