Vietnam’s Ministry of Finance has proposed a 0.1% personal income tax on crypto transactions made through licensed platforms, treating digital assets the same as stocks, according to the Hanoi Times.
The tax applies to the total value of transactions for residents and non-residents, including foreign investors.
The proposal is part of a five-year pilot program that began in September 2025 to regulate Vietnam’s growing crypto market, which largely operated in a gray area. License applications opened on January 20, 2026, with requirements including a minimum capital of VND10 trillion (about $408 million) and a cap of 49% foreign ownership.
In this context, crypto transactions are exempt from value added tax. Companies trading cryptocurrencies would pay a 20% corporate tax on net profits from transfers.
Analysts noted that while the low tax rate could improve compliance and transparency, high capital requirements for exchanges could limit license applications and market liquidity.
