[Vietnam's Ministry of Finance Proposes Allowing SMEs to Use Digital Assets as Loan Collateral] Foresight News reports, according to Viet Nam News, that Vietnam's Ministry of Finance has proposed allowing small and medium-sized enterprises (SMEs) to use digital assets, virtual assets, and intellectual property as collateral for bank loans to improve financing channels for private businesses and tech startups. The proposal has been included in the draft amendment to the Law on Supporting Small and Medium-Sized Enterprises, which is currently open for public consultation. The draft aims to expand the range of acceptable collateral assets, allowing businesses to apply for loans using future assets, property rights, digital assets, virtual assets, and other legal assets. Reports indicate that SMEs and individual business households account for over 98% of all enterprises in Vietnam, yet related loan balances only account for about 20% of the total credit in the national banking system.