- Vietnam could officially launch its crypto asset market in Q3 2026, according to Deputy Finance Minister Nguyen Duc Chi.
- Five companies have been approved to provide services for organizing and operating digital asset trading platforms.
- The initiative is linked to Resolution 57-NQ/TW, which targets a digital economy contributing at least 30% of GDP by 2030.
- The framework is intended to ensure safety and transparency for digital asset market operations.
- The Ministry of Finance is advancing large-scale digital transformation projects across customs, taxation, and state budget management.
Vietnam Targets Official Crypto Market Launch in Q3 2026
Vietnam could officially launch its cryptocurrency and digital asset market as early as the third quarter of 2026, according to an announcement by Nguyen Duc Chi, Deputy Minister of Finance, at the Digital Trust in Finance 2026 forum held on May 12. Speaking at the event themed “Building Digital Financial Trust in the AI Era,” Nguyen Duc Chi said the government is continuing efforts to advance the country’s digital economy under the Politburo’s Resolution 57-NQ/TW.
The resolution outlines strategic priorities in science, technology, innovation, and national digital transformation. It also sets a target for the digital economy to account for at least 30% of Vietnam’s GDP by 2030. The resolution further aims for 80% of transactions to be conducted without cash and for more than 40% of enterprises to participate in innovation activities.
Finance Ministry Expands Digital Transformation Projects
To support these objectives, the Ministry of Finance has launched multiple digital transformation initiatives designed to improve services for citizens and businesses. According to the announcement, these projects include information technology systems for digital customs operations, redesigned digital tax administration processes, and modernized state budget management systems.
The Ministry of Finance is also coordinating with the Ministry of Public Security and the State Bank of Vietnam on the development of the country’s digital asset market infrastructure. As part of that effort, five companies have been approved to provide services for organizing and operating digital asset trading platforms in Vietnam.
Vietnam’s Ministry of Finance has introduced Circular No. 32/2026/TT-BTC to establish the country’s first comprehensive tax framework for cryptocurrency and digital asset activities during the pilot phase of Vietnam’s crypto market. The regulation exempts digital asset trading from VAT, applies a 20% corporate income tax on profits earned by domestic organizations, and imposes a 0.1% tax on each transaction for both foreign entities and individual investors. Officials say the framework is designed to improve transparency, simplify tax administration, support market liquidity, and strengthen legal oversight as Vietnam moves toward a regulated digital asset market. Recently, Vietnam accelerated plans to launch its first licensed domestic crypto exchanges while considering restrictions on overseas trading platforms. The move aims to improve regulatory oversight, manage capital flows, and strengthen the country’s growing digital asset economy.
Government Says Framework Will Focus on Safety and Transparency
During the forum, Nguyen Duc Chi stated that Vietnam could soon witness the first official operations of its crypto asset market.
“We believe that, as early as the third quarter, Vietnam could witness the first official activities of its crypto asset market, operating under a framework designed to ensure safety and transparency,” Nguyen Duc Chi said.
The announcement indicates that the planned market framework is intended to support regulated digital asset activities while maintaining operational transparency and safety standards.
FAQs
1. When could Vietnam officially launch its crypto asset market?
According to Deputy Finance Minister Nguyen Duc Chi, Vietnam could see the first official crypto asset market activities in the third quarter of 2026 under a regulated framework.
2. How many companies have been approved for digital asset trading platform services?
The Ministry of Finance said that five companies have been approved to provide services related to organizing and operating digital asset trading platforms in Vietnam.
3. What is the goal of Vietnam’s digital economy strategy?
Vietnam’s Resolution 57-NQ/TW aims for the digital economy to contribute at least 30% of the country’s GDP by 2030, while also increasing cashless transactions and innovation activities among businesses.
4. What will Vietnam’s crypto market framework focus on?
Officials stated that the planned framework for the crypto and digital asset market will prioritize safety, transparency, and regulated operations for digital asset activities.
Source: Vietnam Ministry of Finance
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