Coin WorldWednesday, Jul 23, 2025 4:17 am ET
2min read
Sui Network, a blockchain platform designed for high-throughput applications, has announced its expansion into Vietnam, a country increasingly recognized as a Web3 innovation hub. The move aligns with Vietnam’s growing IT ecosystem, which boasts a young, tech-savvy workforce and a thriving blockchain gaming sector. The platform aims to leverage these dynamics to establish a presence in the region’s rapidly evolving digital economy.
Vietnam’s Web3 landscape has been gaining momentum, driven by its 2.5 million IT professionals, as reported by Tiger Research in 2023. The country’s blockchain gaming industry, led by titles like Axie Infinity, has emerged as a key growth driver. These games integrate play-to-earn models, allowing players to earn cryptocurrency through in-game activities, a concept that resonates strongly with Vietnam’s digital-native population. Sui’s entry into this market underscores its strategic focus on gaming, a sector expected to dominate Web3 adoption in the region.
At the core of Sui’s competitive edge is its use of the Move programming language, a blockchain development tool designed to enhance transaction speed and scalability. Unlike traditional blockchain platforms, Move enables the execution of complex smart contracts with minimal latency, a critical feature for real-time applications like gaming. In testnet trials, Sui demonstrated a capacity to process 120,000 transactions per second (TPS), significantly outpacing the performance of many Layer 1 protocols. This high throughput positions Sui to support the technical demands of blockchain gaming, where rapid transactions and seamless user experiences are paramount.
Blockchain gaming has become a cornerstone of Vietnam’s digital transformation, with the sector projected to grow substantially in the coming years. Statista forecasts that blockchain adoption in Vietnam could reach 2.3 billion by 2027, driven by increasing smartphone penetration and a shift toward decentralized applications. Sui’s entry into this market aligns with broader trends, as developers and investors seek platforms that can scale to meet the needs of Web3-native users. The company’s focus on gaming also reflects a broader industry shift toward interactive, tokenized experiences that blend entertainment and financial incentives.
The expansion highlights Sui’s ambition to position itself as a go-to infrastructure provider for Web3 applications in Southeast Asia. By targeting Vietnam’s gaming community and IT workforce, the platform aims to foster innovation and adoption in a market where blockchain adoption is still in its early stages. The move also signals a broader trend of global blockchain projects seeking growth in emerging markets, where cost-effective talent pools and a young, tech-literate population create fertile ground for decentralized technologies.
As Vietnam’s Web3 ecosystem matures, Sui’s integration of high-performance infrastructure and gaming-focused tools could catalyze further development in the region. The platform’s emphasis on scalability and user experience aligns with the demands of blockchain gaming, a sector poised to play a pivotal role in Vietnam’s digital economy. With its technical advantages and strategic focus on growth, Sui’s expansion represents both an opportunity and a challenge for competing platforms seeking to capture this dynamic market.
