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Tokenization & crypto licensing in Vietnam

What the authorities publish on tokenized assets and digital-asset providers, and why it could or could not be read.

Buying crypto in Vietnam: what to know

Restricted

Tiếng Việt

Who regulates
  • Ministry of Finance — Licenses crypto asset trading platforms under the pilot; tax administration
  • State Securities Commission (SSC) — Supervision of the pilot market
Licensing of providers
Under Government Resolution 05/2025/NQ-CP (9 September 2025), crypto asset trading is piloted for five years through no more than five Ministry of Finance-licensed, locally incorporated platforms with high capital requirements. The Law on Digital Technology Industry (No. 71/2025/QH15, from 1 January 2026) gives digital/crypto assets legal recognition. Reports in March 2026 said a first group of applicants passed initial review (not confirmed).
Tax

Individuals pay 0.1% personal income tax on the gross transfer value of each crypto sale through a licensed Vietnamese provider, withheld by the provider; no VAT.

Gains: 0.1% of gross transfer value per transaction

Tax authority: mof.gov.vn ↗

Full tax page, incl. tokenized stocks and funds →

Reporting
Licensed providers declare, withhold and pay the 0.1% tax under Circular 41/2026/TT-BTC (6 April 2026).
Watch out
  • Only pilot-licensed domestic platforms are permitted under the pilot.
  • Crypto is not legal tender and may not be used for payments.
  • The pilot is new; the list of licensed platforms is still forming.

Checked 2026-10-29 · Confidence: medium · Sources: [1][2][3][4]

Not confirmed: Five firms passing initial review in March 2026 · Phase-out of offshore exchange use by residents · No official list of licensed platforms opened

Compiled to the best of our knowledge from the sources linked. Information, not tax or legal advice. Rules change — check the linked official sources before acting.

Found an error or something out of date? Tell us at [email protected] — we check and correct it.

Official registers

What the authorities publish — and what we read

Status: No public register. Every address below was loaded, not guessed. A register entry records that an authority licensed, registered or approved something; it says nothing about whether you may or should buy it.

AuthorityRegisterFinding
Finanzministerium / SSC (UBCKNN), Res. 05/2025/NQ-CPLizenzierte Krypto-Asset-HandelsorganisationenNo public register
about 0 entries
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Tokenization in Vietnam — official registers | TokenBank