Vietnam plans 0.1% tax on crypto trades, equating them to stocks

Vietnam's Ministry of Finance has proposed a 0.1% personal income tax on cryptocurrency transactions conducted via licensed platforms, aligning digital assets with the taxation structure of stocks. This tax will apply to the total transaction value for both residents and non-residents. The proposal is part of a five-year pilot program starting in September 2025 aimed at regulating the country's growing crypto market. While crypto transactions are exempt from value-added tax, companies trading crypto will face a 20% corporate income tax on net profits. Licensing for exchanges under this new framework requires a substantial minimum capital of 10 trillion VND (approximately $408 million) and limits foreign ownership to 49%. Analysts suggest the low tax rate might boost compliance, but the high capital requirements could restrict the number of licensed exchanges and potentially limit market liquidity.

(Source：Crypto Briefing)