Phan Duc Trung

Chairman of 1Matrix and Vietnam Blockchain Association (VBA)

Tatler Asia

Leading major initiatives in Vietnam's blockchain ecosystem

 

After graduating with a degree in Energy Economics from the Hanoi University of Science and Technology (HUST), he held various positions at the Song Da Corporation, founded the accounting software company FAST, and served as Investment Director at Techcombank. During the 2006-2009 period, he co-founded two banks, GPBank and OceanBank. He founded and served as CEO of FPT Capital (2007–2009), followed by the role of Deputy General Director of Finance at FPT Group (2009–2011), and Vice Chairman of TienphongBank (2011).

Subsequently, he entered a phase of diverse, multi-sector private investment. Since 2020, he has focused on the blockchain and fintech sectors, establishing DeCom Holdings in December 2020, the Blockchain Popularization Forum in May 2021, and co-founding the AIVIET Association in August 2021. In April 2022, he founded the Vietnam Blockchain Association (VBA), later renamed the Vietnam Blockchain and Digital Assets Association. He held the position of Standing Vice Chairman (2022–2025) and has served as Chairman since January 2025. In January 2024, he established the ABAII Institute of Blockchain Technology and Artificial Intelligence with the goal of widely popularizing blockchain and AI within the community. In March 2025, he founded 1Matrix Company—the entity tasked by General Secretary To Lam to implement the Vietnam Blockchain Service Network (VBSN) with consultation from BCG and VBA. At the launch event in May 2025, he emphasized that VBSN's goal is to become the national foundational infrastructure to protect digital sovereignty and promote the tokenization of Real-World Assets (RWA).

Under his leadership, the VBA has collaborated with international partners like BCG to develop sovereign blockchain infrastructure and digital asset markets, in line with the Government’s Resolution 57. He has actively contributed to the completion and promulgation of many important policies in the Blockchain and Crypto-Asset sector, such as the National Blockchain Strategy (2024), the National Strategic Technology Portfolio (2025), the Law on Digital Technology Industry (2025), and Resolution 05 on piloting the crypto-asset market (2025).

Impacted Industries


  • Finance & Venture Capital