#VietnamCryptoPolicy The National Assembly of Vietnam approved the Digital Technology Industry Law on June 14, bringing digital assets under management and supervision.

According to local media reports, this law will take effect on January 1, 2026, recognizing cryptocurrency assets and laying the foundation for broader digital innovation across the country.

The law classifies digital assets into two categories: virtual assets and cryptocurrency assets. Although both rely on encryption or digital technology for authentication and transfer, neither category includes securities, digital fiat currency, or other financial instruments.

The government is currently tasked with outlining business conditions, classifications, and specific supervisory mechanisms for these types of assets.

This law also requires cybersecurity and anti-money laundering measures in accordance with international standards, an effort that may aim to address concerns from the Financial Action Task Force (FATF). Vietnam has been on FATF's "grey list" since 2023.

In addition to cryptocurrency, this law reflects the ambition to make Vietnam a digital technology hub.

It offers comprehensive incentives for businesses operating in the fields of AI, semiconductors, and digital infrastructure. This includes tax reductions, land use benefits, and R&D support, especially for companies building core technologies such as chip design and AI data centers.