Vietnam's 5-Year Crypto Pilot Program (2025‑2029): Rules, Opportunities & Risks
Vietnam's five‑year crypto pilot, launched in 2025, defines legal rules, licensing steps and market outlook, helping investors and providers navigate the new landscape.
When working with digital asset law Vietnam, the set of rules that govern how cryptocurrencies can be traded, used for payments, and supervised by authorities in Vietnam. Also known as Vietnam crypto law, it shapes everything from licensing to tax reporting. digital asset law Vietnam isn’t a single document; it pulls together several pieces of legislation that together define what’s allowed and what isn’t.
One core piece is crypto trading regulation Vietnam, the framework that tells exchanges, brokers, and individual traders how to operate legally. This regulation requires any platform that offers crypto trading to secure a licence from the Ministry of Finance, implement Know‑Your‑Customer (KYC) checks, and report transaction data for anti‑money‑laundering (AML) purposes. The rule also sets a clear line: trading is permitted, but using crypto as a direct payment method is still restricted.
Alongside the trading rules, crypto payment rules Vietnam, the guidelines that ban the use of cryptocurrencies as a means of payment for goods and services dictate that businesses cannot price items in Bitcoin or other tokens. Instead, they must treat crypto assets as property for tax purposes. This split creates a unique environment where investors can buy and sell digital assets, yet cannot use them to settle everyday purchases.
Both the trading and payment sides are anchored by Resolution 05/2025, the official decree that codifies the separation between trading and payment activities. The resolution influences licensing requirements, enforcement penalties, and the timeline for compliance. It also clarifies that any violation of the payment ban can lead to heavy fines or criminal charges, reinforcing the government's cautious stance.
Another important pillar is the Digital Technology Industry Law, the broader legislation that governs all tech‑related businesses, including blockchain firms, in Vietnam. While it doesn't focus solely on crypto, it provides the legal basis for setting up blockchain startups, securing intellectual property, and attracting foreign investment. Together, these laws create a layered compliance map that any crypto‑related business must navigate.
Understanding these connections is crucial. Digital asset law Vietnam encompasses both crypto trading regulation Vietnam and crypto payment rules Vietnam. It requires entities to obtain licences, enforce AML/KYC, and separate trading activity from payment usage. Resolution 05/2025 influences how exchanges operate, while the Digital Technology Industry Law shapes the broader ecosystem for blockchain innovation.
Below you’ll find a curated set of articles that dive deeper into each of these topics – from compliance checklists for exchanges to practical tips for investors who want to stay on the right side of the law. Explore the posts to see how the rules play out in real‑world scenarios and get actionable guidance for your crypto activities in Vietnam.
Vietnam's five‑year crypto pilot, launched in 2025, defines legal rules, licensing steps and market outlook, helping investors and providers navigate the new landscape.