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ASIA-PACIFIC · JURISDICTION PROFILE

Vietnam

Developing Travel Rule: Partial FATF grey list
FrameworkLaw on Digital Technology Industry (Law 71/2025/QH15, effective 1 January 2026) + Resolution 05/2025/NQ-CP pilot
Travel RulePartial
FATF statusgrey list

Overview

Vietnam regulates digital assets through the Law on Digital Technology Industry, effective 1 January 2026, which recognises digital assets in law for the first time, alongside a pilot programme under Resolution 05/2025/NQ-CP for crypto-asset markets. Implementation sits with the Ministry of Finance and the State Securities Commission, with the State Bank of Vietnam retaining currency-related control.

Regulatory framework

The 2026 law creates categories for digital assets including virtual and crypto-assets, while the Resolution 05 pilot tests exchange and custody arrangements under SBV/MoF oversight ahead of a fuller licensing framework.

Licensing & authorisation

Pilot-stage: exchanges and service providers operate under the Resolution 05/2025 pilot conditions; a permanent licensing regime follows implementing legislation.

AML & Travel Rule

FATF-aligned AML duties apply under the pilot framework; a standalone nationwide Travel Rule codification is pending.

Track developments

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Sources & official links

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