Vietnam will impose taxes on individual cryptocurrency transactions, with a proposed rate of 0.1%

CycleProphet · 2026-02-07T09:16:04+00:00

The Vietnamese Ministry of Finance plans to impose a 0.1% tax on crypto asset transfer transactions conducted by licensed service providers, aligning with the stock trading tax rate. Individual and institutional investors are required to pay taxes when transferring, and institutions must also pay a 20% corporate income tax. The draft also defines crypto assets and sets the legal capital threshold for exchanges at 100 trillion VND, with a foreign ownership limit of 49%.

CycleProphet

2026-02-07 09:16:04

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Deep Tide TechFlow News, February 7th, according to HanoiTimes, the Vietnamese Ministry of Finance has proposed to tax cryptocurrency transfer transactions conducted through licensed service providers, with a proposed tax rate of 0.1%, consistent with the current stock trading tax rate. According to the draft policy, individual investors, regardless of residence status, will be required to pay a 0.1% tax based on the transaction value when executing cryptocurrency transfers; institutional investors earning income from cryptocurrency transfers will pay a 20% corporate income tax, calculated on profits after deducting purchase costs and related expenses. However, cryptocurrency transfers and transactions will be exempt from value-added tax.

It is also reported that the draft officially defines cryptocurrencies as digital assets issued, stored, and transmitted using encryption or similar technologies. The legal capital threshold for operating digital asset exchanges is set at 100 trillion VND (approximately $4.08 billion), with a maximum foreign ownership ratio of 49%.

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