Vietnam is set to implement a tax framework for cryptocurrency transactions, taxing individuals at 0.1% on transfers made through licensed service providers. Companies will face a 20% corporate income tax, and investors will be exempt from value-added tax but subject to turnover-based tax. Foreign ownership in exchanges will be capped at 49%.

Vietnam has officially defined crypto assets as digital assets using cryptographic technology for issuance, storage, and transfer verification. The country requires a minimum of 10 trillion Vietnamese dong in capital for digital asset exchange operators, with foreign ownership limited to 49% of an exchange’s equity. Vietnam ranks fourth globally in crypto adoption.

Vietnam recently opened applications for licenses to operate digital asset trading platforms, signaling the beginning of its regulated crypto market pilot program. The State Securities Commission of Vietnam is accepting applications from January 20, 2026. This move aims to bring crypto under formal regulatory oversight as part of broader regulatory efforts.

Read more at Cointelegraph: Vietnam Draft Rules Propose 0.1% Tax on Crypto Transfers