Vietnam is making ready to introduce a tax framework for cryptocurrency transactions that might align digital property with securities buying and selling, in accordance with a draft coverage circulated by the Ministry of Finance.
Below the proposal, people transferring crypto property by means of licensed service suppliers would face a 0.1% private earnings tax on the worth of every transaction, native outlet The Hanoi Occasions reported. The construction mirrors the levy at present utilized to inventory trades within the nation.
In line with the report, the draft round, launched for public session, classifies crypto transfers and buying and selling as exempt from value-added tax. Nevertheless, the turnover-based tax would apply to buyers no matter residency standing each time a switch is executed.
Firms working in Vietnam could be taxed otherwise. Institutional buyers incomes earnings from crypto transfers could be topic to a 20% company earnings tax, calculated on earnings after deducting buy prices and associated bills, per the report.
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Vietnam formally defines crypto property
Authorities additionally reportedly offered a proper definition of crypto property, describing them as digital property that depend on cryptographic or comparable applied sciences for issuance, storage and switch verification.
The draft additionally outlines strict necessities for operators. Corporations looking for to run a digital asset trade would want a minimum of 10 trillion Vietnamese dong (about $408 million) in constitution capital, a threshold increased than that required for industrial banks and much above capital requirements in lots of different industries. Overseas possession could be permitted however capped at 49% of an trade’s fairness.
The proposed guidelines come as Vietnam started a five-year pilot program for a regulated crypto asset market launched in September 2025. On Oct. 6, 2025, Vietnam’s Ministry of Finance confirmed that no corporations had utilized to take part within the five-year crypto pilot at the moment, citing excessive capital necessities and strict eligibility situations.
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Vietnam opens licensing for crypto exchanges
Final month, Vietnam began accepting functions for licenses to function digital asset buying and selling platforms, marking the operational launch of its deliberate pilot program for a regulated crypto market.
“Functions for the aforementioned administrative procedures will likely be accepted starting January 20, 2026,” the State Securities Fee of Vietnam (SSC) mentioned, framing the transfer as a part of a broader effort to deliver crypto underneath formal regulatory oversight.
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