Vietnam to officially launch crypto asset trading market in Q3 2026 under a safe, transparent regulatory framework

Vietnam may officially launch the crypto asset market in Q3 2026. Ngô Huyền May 12, 2026 We believe that as early as the third quarter there will be the first official activities of Vietnam's crypto asset market with service providers operating under a safe, transparent regulatory framework. The Deputy Minister of Finance, Nguyen Duc Chi, spoke at the Digital Trust in Finance 2026 forum 'Building Digital Trust in Finance in the AI Era' on May 12. Mr. Chi reiterated the Politburo's Resolution 57-NQ/TW on breakthroughs in science, technology, innovation and national digital transformation, which sets the goal that by 2030 the digital economy will account for at least 30% of GDP, cashless transactions will reach 80%, and the share of enterprises with innovative activities will exceed 40%. From 2025, the state budget will dedicate at least 3% of total expenditure to digital transformation, innovation and science and technology. To realize these goals, the Ministry of Finance has implemented many measures to promote the development of the digital economy and digital finance, contributing to sustainable growth of the country. First, the Ministry is actively reviewing and proposing amendments to financial policies and legal documents to remove bottlenecks and create a favorable legal framework for innovative activity and technology development. The Ministry has submitted to the Government and the National Assembly amendments to the State Budget Law to unlock resources, simplify financial processes, optimize the potential for innovation and promote science and technology and digital transformation. Ministry of Finance information on five license dossiers for crypto asset exchanges. According to VnEconomy sources, the Ministry has sent a letter to companies asking for permission to provide services organizing markets for crypto asset trading. The Ministry also proposed amendments to the Tax Administration Law to modernize administration, facilitate taxpayers and enterprises; implement nationwide electronic invoicing to improve cash flow transparency, prevent fraud and protect the rights of citizens and businesses. Additionally, the Ministry is pushing tax reform and favorable credit policies to promote investment in science and technology; revise regulations on public investment and bidding to facilitate the implementation of IT projects using state budget funds. Second, the Ministry is implementing large-scale digital transformation projects serving citizens and enterprises, such as the information technology system implementing e-customs; a system to redesign business process workflows and digital transformation in tax management; and the budget information system. Notably, Chi said that to date the Ministry has coordinated with the Ministry of Public Security and the State Bank to approve five enterprises to provide services organizing markets for crypto assets in Vietnam. “We believe that the earliest in Q3 there will be the first official activities of the crypto asset market in Vietnam with service providers under a safe, transparent management mechanism,” Deputy Minister Nguyen Duc Chi said. In addition, the Ministry has approved the list of online public services integrated with the National Public Service Portal, digitized 100% of documents in accordance with regulations; at the same time, the Ministry is implementing synchronized IT security solutions from design and investment to operation; researching AI applications, security layers and cryptography in the management and monitoring of the financial system. According to Deputy Minister Chi, digital transformation is a process that no single agency or unit can implement alone. The integrated connection between the Ministry of Finance, the State Bank, the Ministry of Public Security and other ministries is a prerequisite to building an efficient and synchronized digital economy. Additional sections include: 'More international giants enter the pilot crypto asset arena in Vietnam' and related articles with dates in May 2026.