  The Compressed Baryonic Matter Experiment (CBM) is one of the core
experiments of the future FAIR facility (Darmstadt/Germany). The fixed-target
experiment will explore the phase diagram of strongly interacting matter in the
regime of high net baryon densities with numerous rare probes. The Micro Vertex
Detector (MVD) will determine the secondary decay vertex of open charm
particles with $\sim 50~\rm \mu m$ precision, contribute to the background
rejection in dielectron spectroscopy, and help to reconstruct neutral decay
products of strange particles by means of missing mass identification. The MVD
comprises four stations with 0.3 and $0.5\%~x/X_0$, which are placed between
$5$ and $20~\rm cm$ downstream the target and inside vacuum. It will host
highly-granular, next-generation Monolithic Active Pixel Sensors, with a
spatial precision of $5\rm~\mu m$, a time resolution of $5 ~\rm \mu s$, and a
peak rate capability of $\sim 700~\rm kHz/mm^2$. Moreover, a tolerance to
$3\cdot10^{13}~\rm n_{eq}/cm^{2}$ and $\gtrsim 3~\rm Mrad$ are required. In
this document, we summarize the status of sensor development, station
prototyping, and the detector slow control.
