Vietnam Proposes 0.1% Crypto Tax to Mirror Stock Trading Rules
Vietnam’s Ministry of Finance has proposed a new tax framework that would treat cryptocurrency transactions much like stock trades, introducing a 0.1% levy on each transfer of digital assets conducted through licensed platforms. The draft circular is now open for public consultation and aims to bring clarity to how digital assets will be taxed under the country’s emerging regulatory regime.
Under the proposal, individual investors: both residents and non-residents would owe a 0.1% personal income tax on the gross value of every crypto transfer they make through licensed service providers.
This mirrors the turnover-based tax applied to stock transactions in the Vietnamese market. At the same time, the draft clarifies that crypto…
