Will Income From Cryptocurrency Be Taxed In Vietnam? – VDB | LOI

Cryptocurrency trading is not new and attracts a lot of participants. However, there is currently lacking of a full legal framework to recognize the cryptocurrency whether as an asset or goods and thus can be traded under Vietnam regulations. According to the Article 105 of the 2015 Civil Code: “1. Property is objects, money, valuable papers and property rights. 2. Property includes real estate and movable property. Real estate and movables may be present and property formed in the future”. Whilst the Article 3 of the Commercial Law 2005 indicates: “Goods include all types of movable property, including movable property formed in the future; things attached to the land”.