How is crypto taxed in Vietnam?
Quick answer
Vietnam applies a Personal Income Tax (PIT) of 0.1% on the gross transfer value of each crypto transaction, set out in Circular 32/2026/TT-BTC and Circular 41/2026/TT-BTC. This is a turnover-based tax: it is owed on the full sale amount regardless of whether the trade resulted in a gain or a loss. Taxpayers are expected to self-report and remit per transaction.
The 0.1% rate applies to the total transfer value — not the profit. On a sale of 100 USDT worth of crypto, the tax owed is 0.1 USDT, regardless of your cost basis.
Both circulars came into force in 2026. Reporting is handled through the General Department of Taxation.
No capital-gains-rate framework has been confirmed for crypto. Use only the 0.1% turnover figure when planning — other rates circulating online are not verified under current law.
Risk warning: cryptocurrency trading is highly volatile and may not be suitable for all investors. Never invest more than you can afford to lose.
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