On June 14, 2025, the National Assembly of Vietnam approved the "Digital Technology Industry Law", officially recognizing the legal status of crypto assets and introducing multiple supporting policies. According to the latest developments, the law classifies digital assets into two categories: "virtual assets" and "crypto assets", and provides tax reductions, land support, and other incentives for companies in the fields of artificial intelligence, semiconductors, and digital infrastructure.
In terms of compliance, Vietnam plans to pilot crypto asset exchanges (the plan was disclosed in March 2025), while also building a legal framework to regulate the market. Additionally, the Vietnamese government will launch a digital asset innovation regulatory sandbox, allowing new projects to test products in a controlled environment, thereby reducing the burden of initial compliance. Although the law has been passed, the specific implementation effects still need to be observed in terms of policy details.