Vietnam’s New Crypto Tax Starting July 2026

🇻🇳 Vietnam’s National Assembly has amended the Personal Income Tax law to explicitly include digital assets (like Bitcoin, Ethereum and other cryptocurrencies) as taxable items.

Under this law:
From July 1, 2026, a 0.1% tax will be applied to the value of each crypto transfer (i.e. buying, selling, or moving these assets) not on profits, but on the full transaction value.

This tax is similar to how traditional stock transaction taxes work in many markets.
It will be withheld at the source by the exchange or service provider at the time of your transaction.

Example:
If you sell BTC worth ₫100,000,000 VND, the tax paid would be 0.1% (₫100,000 VND), regardless of whether you made a profit or a loss on that particular trade.

🧾 Key Points of the Vietnam Tax

Applies to transfers of digital assets — this includes Bitcoin (BTC), Ethereum (ETH), and other tokenized assets recognized under the law.

Based on transaction value, not capital gain — a trader pays tax even if they lose money on the trade.

The law reflects Vietnam’s effort to integrate crypto into its formal financial and tax system rather than leaving it unregulated.

Why 0.1%?

The 0.1% figure is chosen to mirror securities transaction taxes (like in stock markets) and is typically considered a light, simple tax that’s easier to administer for high-volume markets.

Important Clarification

This 0.1% tax is specific to Vietnam’s legislation. Other countries have very different crypto tax regimes for example, Indonesia recently changed its crypto taxes (but at different rates), and other nations like Japan are revising how crypto gains are taxed entirely.

The 0.1% rate doesn’t automatically apply worldwide it’s a national tax law, not an international standard.