The cryptocurrency policy in Vietnam is developing towards a clearer and more open direction. The National Assembly of Vietnam approved the 'Digital Technology Industry Law' on June 14, 2025, which will take effect on January 1, 2026, officially recognizing the legal status of crypto assets. This law classifies digital assets into two categories: virtual assets and crypto assets, and provides tax incentives and R&D support for companies in the fields of artificial intelligence, semiconductors, and digital infrastructure.

Although Vietnam's previous regulation of cryptocurrencies was relatively vague and did not recognize them as legal tender or legitimate assets, the passage of the new law demonstrates the government's determination to actively embrace the digital economy. This not only helps improve Vietnam's international image in anti-money laundering (AML) (which was previously placed on the FATF grey list) but also aims to turn Vietnam into a regional digital technology hub to attract more foreign investment. Although more specific operational conditions, classification standards, and regulatory mechanisms still need to be developed, this undoubtedly lays a solid foundation for the future development of Vietnam's cryptocurrency market.