Individuals face $1,900 fine for trading crypto via unauthorized entities
The Government has issued Decree No. 284/2026/ND-CP on administrative penalties for violations regarding crypto assets and the crypto asset market.
Crypto assets defined as non-taxable objects for VAT purposes
For individual investors, regardless of their residency status, income from crypto asset transfers will be subject to Personal Income Tax at a rate of 0.1% of the transfer price per transaction.
Vietnam becomes 46th country to legalize crypto assets
As of 2025, Vietnam ranks among the top seven countries globally in terms of the number of crypto asset holders.
Only up to 5 enterprises to be licensed for pilot crypto asset exchange: deputy minister
The Ministry of Finance expects to urgently implement this so that, as soon as possible, eligible businesses can be licensed and operate in this field in the Vietnamese market before 2026.
Crypto asset licensing guidelines under review
Regarding businesses that have reportedly registered to open exchanges, the State Securities Commission (SSC) confirmed that, to date, no official registration applications have been received from businesses.