Vietnam will impose a 0.1% tax on all digital asset transactions starting in 2026. Photo: Bloomberg
Vietnam will apply a personal income tax rate of 0.1% on each digital asset transfer transaction, effective from July 1, 2026 , according to the amended Personal Income Tax Law recently passed by the National Assembly on December 10.
This tax rate is similar to the tax on gold bullion transactions and equivalent to the tax mechanism on securities transactions - that is, it is levied based on the transaction value, regardless of profit or loss.
The new regulations immediately attracted attention because this is the first time Vietnam has officially included cryptocurrencies like Bitcoin and Ethereum under its tax regime . The government is also in the pilot phase of the cryptocurrency market according to Resolution 05 issued on September 9, 2025.
Data from numerous academic studies in Vietnam shows that the volume by domestic users reaches tens of billions of USD annually. With a tax rate of 0.1%, government revenue from digital assets could reach hundreds of millions of USD if the market continues to maintain its current size.
At the same time that digital assets were legalized, the government also expanded the scope of taxation to other non-traditional assets such as .vn domain names, carbon credits, and auctioned vehicle license plates.
In June 2025, Vietnam for the first time legalized the concept of digital assets in the Law on Digital Technology Industry , classifying and clearly defining the legal boundaries for new assets emerging in the digital economy.
According to the law, digital assets fall into three categories:
Virtual assets in the electronic environment: used for exchange or investment, excluding securities or digital fiat currency.
Crypto assets: utilize cryptographic technology to authenticate the creation, issuance, storage, and transfer processes; excluding securities, CBDCs, and other financial assets.
Other digital assets: the group is open to new asset models in the future.
Government Resolution 05 aims to build a cryptocurrency market within a clearly defined control framework regarding the pilot offering and issuance of cryptocurrencies; organizing a trading market with compliance standards; developing a cryptocurrency service delivery system; and establishing a comprehensive state management mechanism.
Domestic and foreign investors will be able to open accounts at service providers licensed by the Ministry of Finance, which will Vai as custodians, order matchmakers, transaction reporting agencies, and handle tax obligations for investors.
Six months after the first cryptocurrency service provider is licensed, investors trading outside the regulated ecosystem will face administrative penalties or criminal prosecution, depending on the severity of the violation.
On the other hand, the Ministry of Finance is preparing to pilot the licensing of five digital asset exchanges in Vietnam. Popular cryptocurrencies such as Bitcoin and Ethereum will be able to be traded on these domestically licensed exchanges.
On the same day, December 10th, the Ministry of Finance also established the Cryptocurrency Trading Market Management Board under the State Securities Commission, marking the next step in the implementation of Resolution 05. The new agency is expected to play a "backbone" Vai in designing standards for supervision, protecting investors, and maintaining market stability.
According to Dan Tri
