徐 has initial 邪, which I don't immediate see the connection with [m]. 徐 has rhyme 鱼, which mostly developed into u(ü) and a. I cannot think of how the mo1 sound can be developed.
徐 is 形声字 (Phono-semantic), 从彳余声. 余 has multiple readings, one of them has initial 定 (https://zi.tools/zi/%E4%BD%99) in 集韻. The Vietnamese initial of 徐 is t.
BACKGROUND
I read somewhere that the first character of mo1so1 (Sichuan Mandarin, usually written as 摸索/摩梭) is originally(本字) 徐, which means slow. The meaning makes sense, and the whole word is 偏正 and roughly means slow, or more accurately 磨叽,磨蹭.