Breaking
Founded 2016 in Ho Chi Minh City 10M+ blockchain QR codes issued 800+ products traced on-chain 50+ projects, 180+ partners Agridential.vn wins 3rd Prize, Vietnam Talent 2022 Bronze, ASEAN ICT Awards 2021 USAID & KPMG partner on agri-traceability Mission: make Vietnam a Blockchain Country Founded 2016 in Ho Chi Minh City 10M+ blockchain QR codes issued 800+ products traced on-chain 50+ projects, 180+ partners Agridential.vn wins 3rd Prize, Vietnam Talent 2022 Bronze, ASEAN ICT Awards 2021 USAID & KPMG partner on agri-traceability Mission: make Vietnam a Blockchain Country
Vietnam Blockchain Corporation logo
FIG 1. The VBC mark - a Ho Chi Minh City company that put a ledger between the farm and the shelf.
Company Profile / Blockchain / Vietnam

Vietnam Blockchain Corporation

Since 2016, VBC has been building the unglamorous plumbing of trust - traceability, supply-chain and blockchain-as-a-service systems that farmers, factories and provinces actually use.

Est. 2016 Ho Chi Minh City Blockchain / BaaS ~20 employees Series A
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Million QR codes issued
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Products traced
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Partners & customers
0
Projects delivered
The Dispatch

A ledger between the farm and the shelf

There is a mango in Dong Thap province, and by the time it reaches a supermarket in the United States, it carries a story - where it grew, who picked it, which standards it met. Vietnam Blockchain Corporation wrote the technology that lets the story travel with the fruit.

Founded in 2016 in Ho Chi Minh City by Do Van Long, Vietnam Blockchain Corporation - VBC - is a science and technology company with a deliberately narrow obsession: making blockchain do practical work. Where much of the industry chased tokens and speculation, VBC went after a quieter problem. Vietnam exports rice, coffee, pepper and fruit to the world, yet producers have long struggled to prove provenance to demanding buyers. That gap - the distance between "trust me" and "verify it" - became the company's business.

Its answer is a stack of applied blockchain products, anchored by Agridential.vn, a digital traceability and value-chain platform. Scan a QR code on a bag of coffee or a crate of mangoes and you reach a record that cannot quietly be edited after the fact. To date VBC reports more than 10 million such codes issued and over 800 products traced - numbers that describe deployment, not a pitch deck.

The company frames its ambition in national terms. Its stated mission is to help Vietnam become a "Blockchain Country" and an expert hub for the region. That is a large sentence for a roughly 20-person firm, but VBC has spent nine years backing it with the least glamorous kind of evidence: shipped software, government pilots and export-grade compliance.

"Blockchain technology has the potential to benefit many industries in SEA countries. VBC wants Vietnam to be the hub of Blockchain experts."
— Do Van Long, Founder & CEO
Products & Services

What you can actually build with it

VBC sells applied blockchain across nine sectors - agriculture, manufacturing, supply chain, logistics, e-commerce, fintech, the sharing economy, public services and smart cities. Three offerings anchor the portfolio.

Flagship Platform

Agridential.vn

A blockchain-powered digital traceability and value-chain management platform for agriculture. It delivers farm-to-fork provenance, QR-code tracing and compliance with VietGAP and GlobalGAP - the standards that unlock export markets.

Since 2019
Enterprise Offering

Blockchain-as-a-Service

Consulting, development and deployment of custom enterprise blockchain applications - from manufacturing and logistics to fintech and smart-city projects. Blockchain treated as infrastructure, not ideology.

Since 2016
Public & Provincial

Supply-Chain & Traceability

Production-management and traceability systems deployed for provinces, wholesale markets and enterprises - including roughly 600 businesses across Vietnam's Central Highlands coffee belt.

Since 2018
Where It Fits

Local-first, in a market full of global incumbents

The problem it solves

Provenance. Buyers in the US, EU and Japan want proof that produce meets safety and sustainability standards. Paper certificates can be forged or lost; a shared, tamper-evident ledger cannot be quietly rewritten. VBC turns compliance into something scannable.

Who its customers are

Enterprises and government - agricultural co-operatives, provincial authorities, wholesale markets, manufacturers and logistics firms. Development agencies too: VBC has worked with USAID (via IESC) and KPMG Vietnam on traceability for agricultural SMEs.

How it differs

Global platforms like IBM Food Trust and VeChain arrive as imported systems. VBC is built inside the Vietnamese value chain - fluent in local standards, provinces and producers, and priced for SMEs rather than multinationals.

The expertise behind it

Founder Do Van Long logged 19 years in ERP, CRM, SCM and finance leadership before blockchain. That engineering-first background shows: VBC ships product for real operations rather than whitepapers.

Where VBC's blockchain shows up

Sectors served - illustrative share of applied deployments
Agriculture
92%
Supply chain
78%
Logistics
61%
Fintech
48%
Smart city
35%
Directional weighting based on VBC's stated focus areas - not audited figures.
The Business

How the company makes its money

VBC runs a B2B and B2G model. Revenue comes from three places: blockchain consulting, custom solution development and deployment, and platform or subscription services - Agridential.vn chief among them. It sells to enterprises, agricultural producers, provincial governments and development agencies, and layers in international partnerships and grant-funded pilots.

That mix reflects a strategic choice. A pure-play SaaS company scales fast but shallow; a pure consultancy scales slow but deep. VBC sits in between - productizing what it learns from provincial deployments, then reselling the platform to the next co-operative. The 180-plus partners and customers on its books are less a vanity metric than a distribution network.

The recognition has followed the work. Agridential.vn took third prize at the 16th Vietnamese Talent Competition in 2022 and a Bronze at the ASEAN ICT Awards in 2021; the company was named a Most Promising AgTech Startup in APAC back in 2019. In 2021 VBC raised capital - a Series A - to expand its engineering team and carry Vietnamese-built blockchain solutions across Southeast Asia.

"VBC has successfully implemented blockchain for 50+ projects, serving more than 180 partners and customers across Vietnam."
— Company reporting
The Record

Nine years, milestone by milestone

2016

VBC is founded in Ho Chi Minh City

Do Van Long establishes Vietnam Blockchain Corporation as a science and technology enterprise focused on blockchain R&D.

2018

Traceability reaches the provinces

Production management and traceability solutions roll out to provinces and wholesale markets across Vietnam.

2019

Agridential.vn launches

The flagship traceability and value-chain platform ships; VBC is named a Most Promising AgTech Startup in APAC.

2021

Funding and ASEAN recognition

A Series A round funds regional expansion; Agridential wins Bronze at the ASEAN ICT Awards.

2022

National honours

Agridential.vn takes 3rd Prize at the Vietnamese Talent Competition; CEO Do Van Long is honoured at I-Star 2022.

Achievements

On the mantel

  • 3rd Prize, 16th Vietnamese Talent Competition (Agridential.vn), 2022
  • Bronze Award, ASEAN ICT Awards, 2021
  • CEO honoured in Top 10 at I-Star Innovation & Entrepreneurship Award, 2022
  • Most Promising AgTech Startup in APAC, 2019
  • 10M+ blockchain QR codes issued; 800+ products traced
  • Enabled Dong Thap mango exports meeting VietGAP & GlobalGAP
FAQ

Common questions

What does VBC do?

It develops and deploys practical blockchain solutions and consulting for enterprises and government, focused on supply-chain traceability. Its flagship, Agridential.vn, traces agricultural products from farm to consumer.

Who founded it, and when?

Founded in 2016 by Do Van Long, Founder & CEO, and headquartered in Ho Chi Minh City, Vietnam.

What is Agridential.vn?

A blockchain-powered traceability and value-chain platform enabling QR-code provenance and compliance with VietGAP and GlobalGAP standards for export.

Which industries does it serve?

Agriculture, manufacturing, supply chain, logistics, e-commerce, fintech, the sharing economy, public services and smart cities.

How large is the company?

Around 20-21 employees, with 50+ projects and 180+ partners and customers, having issued over 10 million blockchain QR codes.

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Profile compiled from public sources including VBC's website, LinkedIn, Crunchbase, Tracxn, PR Newswire and industry press. Figures such as QR codes issued and partner counts are company-reported. Funding details are approximate where not publicly disclosed.