When you buy, sell, or trade digital asset tax Vietnam, the rules around how Vietnam treats cryptocurrency gains and losses. Also known as crypto tax Vietnam, it’s not about whether you pay — it’s about whether you understand what you owe. Unlike countries with clear crypto tax laws, Vietnam doesn’t have a formal, written system for taxing digital assets — but that doesn’t mean you’re off the hook.
The State Bank of Vietnam bans crypto as payment, and the government doesn’t recognize it as legal tender. But here’s the catch: if you make money trading Bitcoin, Ethereum, or any token, the tax authorities can still come after you — not because of crypto-specific rules, but because of general income tax laws. If you’re earning from trading, staking, or airdrops, that’s considered taxable income under Vietnam’s cryptocurrency taxation Vietnam, the broader practice of treating crypto gains as taxable income under existing financial regulations. No one’s sending you a form, but if you’re filing taxes at all, you’re supposed to report it. Most people don’t — but audits are rising, especially for those using international exchanges linked to Vietnamese bank accounts.
What about airdrops? If you got free tokens from a project like Bit Hotel or Baby Shark Token, and you later sold them, that’s a taxable event. The same goes for NFT sales or DeFi rewards. Vietnam doesn’t have a capital gains rate for crypto yet — but if the tax office finds out you made $10,000 from trading and didn’t report it, they can treat it as unexplained income and hit you with penalties. And yes, they’ve started asking banks for transaction data.
Scams are everywhere. You’ll see posts claiming "Vietnam just legalized crypto tax exemptions" or "Get a free tax clearance code for your crypto" — those are fake. There’s no official portal, no government app, no amnesty program. The only real advice? Keep records. Track every trade, every wallet address, every time you cash out. Use a simple spreadsheet. Save screenshots of transactions. If you ever get audited, you’ll wish you did.
Some people think Vietnam’s lack of rules means no risk. That’s dangerous. The government doesn’t need a crypto law to tax you — it just needs a reason. And if you’re earning, you’re a target. The posts below break down real cases, common mistakes, and how people in Vietnam are actually handling their crypto taxes — or getting burned by ignoring them. You’ll find what works, what doesn’t, and what you should do before the next tax season hits.
Vietnam's new 0.1% crypto transaction tax takes effect in 2026, taxing every trade regardless of profit. Learn how it works, who it impacts, and what traders must do to adapt.
Read More