🇻🇳 Ho Chi Minh City

Vietnam currently has a restricted regulatory stance on cryptocurrency with no specific crypto framework in place. The central bank and financial authorities maintain tight control over crypto activities, and there is no formal licensing regime for crypto businesses.

Overview

StatusRestricted
Risk Score55/100 (High Risk)
Regionsoutheast asia
CurrencyVND

Tax

Capital Gains (Personal)Under review
Capital Gains (Corporate)20% CIT
VAT on CryptoNo
Staking TaxNo specific guidance
Airdrop TaxNo specific guidance

No crypto-specific tax guidance available.

Licensing

RequiredNo
FrameworkNo crypto framework
EaseN/A
CostN/A

No licensing framework yet. Government developing regulatory framework targeting 2025-2026.

DeFi

Status: Restricted

DeFi activities may face restrictions under existing financial regulations

Stablecoins

Status: no_rules

No specific stablecoin framework; general financial regulations may apply

NFTs

Status: no_rules

No specific NFT regulation; may be subject to existing financial rules

Mining

LegalNo
Electricity$0.1/kWh
Renewable18%
Infrastructurefair

Crypto mining is restricted in Vietnam with no formal legal framework supporting it. Electricity costs are relatively high compared to global mining hubs. Infrastructure is developing but not yet optimal for large scale mining.

Geopolitics

Stabilitystable
SanctionsNo
Corruption Index39/100
Banking Accessrestricted

Last reviewed: 2026-04-13 · Data source: Soken Crypto Legal Map

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