Global Daily Tax News, Vietnam Drafting Circular Prescribing Crypto-Asset Tax Rules, (Feb 6, 2026)

The Vietnamese Government has announced it is drafting a Circular to establish tax rules for crypto-assets.

The draft Circular would establish a value-added tax waiver for transfers of crypto-assets.

Gains from the disposal of crypto-assets would typically be liable to corporate income tax at a rate of 20 percent. Further, a 20 percent corporate income tax rate will be imposed on companies providing crypto-asset services.

Entities established under foreign law that engage in the transfer of crypto-assets through crypto-asset services providers will be liable to a corporate income tax rate of 0.1 percent on the value of each transfer.

Under the Circular, individual investors (regardless of residency) who transfer cryptocurrency assets through cryptocurrency trading platforms will be subject to personal income tax at a rate of 0.1 percent on the revenue from each transaction.