Based on the Hanoi Instances, Vietnam’s Ministry of Finance has proposed treating digital belongings like shares and imposing a 0.1% private earnings tax on digital forex transactions carried out by way of licensed platforms.
This tax applies to the entire quantity of transactions by each residents and non-residents, together with international traders.
The proposal is a part of a five-year pilot program that started in September 2025 to manage Vietnam’s rising cryptocurrency market, which has largely operated in a grey space. License purposes will start on January 20, 2026, with circumstances together with a minimal capital of VND10 trillion (roughly $408 million) and a most international funding ratio of 49%.
Below this framework, cryptocurrency transactions are exempt from value-added tax. Corporations buying and selling digital currencies pays a 20% company tax on internet earnings from the switch.
Analysts say that whereas decrease tax charges may enhance compliance and transparency, exchanges’ larger capital necessities may restrict license purposes and market liquidity.
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