Taxes · VNM
Taxes in Vietnam
As of January 2026, Vietnam has no comprehensive legal or tax framework specifically governing cryptocurrency for individual holders. The State Bank of Vietnam does not recognize crypto as a legal means of payment, creating significant regulatory uncertainty. The government has signaled plans to develop a legal framework, but binding tax rules on capital gains, income, and VAT from crypto remain absent, leaving individuals in a legal grey area.
Income tax
Not clearly established as of January 2026. No specific rules govern mining rewards or staking income. General personal income tax rates of 5-35% (progressive) could apply but the Ministry of Finance has not issued binding guidance on crypto income classification.
VAT / GST
Not clearly established as of January 2026. Crypto is not recognized as legal tender or a financial instrument in Vietnam, so standard VAT exemptions for financial services do not clearly apply. No formal VAT ruling on crypto transactions has been issued.
Capital gains
Not clearly established as of January 2026. Vietnam has no specific capital gains tax framework for crypto. Gains may theoretically fall under personal income tax on investment income at 0.1% on transfer proceeds or a flat rate, but no formal guidance exists.
Type case, not tax advice: figures describe a single average earner and standard rates; your situation depends on residency, deductions and local rules. Verify with the tax authority before acting. — Fiatmap