Vietnam to Debut Official Crypto Market in Q3 2026 Under New Transparency Framework

Vietnam is poised to officially enter the digital asset space, with the Ministry of Finance announcing plans to launch a regulated cryptocurrency and digital asset market as early as the third quarter of 2026. Speaking at the “Digital Trust in Finance 2026” forum on May 12, Deputy Minister of Finance Nguyen Duc Chi revealed that the government is finalizing a framework intended to prioritize market safety, transparency, and investor protection.

The initiative aligns with the strategic goals set forth in the Politburo’s Resolution 57-NQ/TW, which seeks to leverage science, technology, and innovation to drive national digital transformation. Under this mandate, Vietnam aims for the digital economy to contribute at least 30% of the national GDP by 2030. Additional targets include transitioning to a largely cashless society, with 80% of transactions performed digitally, and ensuring that over 40% of domestic enterprises are actively engaged in innovation.

To support this shift, the Ministry of Finance has spearheaded several large-scale digital infrastructure upgrades. These efforts include the implementation of AI-driven digital customs operations, a complete redesign of digital tax administration, and the modernization of state budget management systems. These projects are designed to streamline interactions between the government, citizens, and the private sector while providing the technical backbone necessary for a sophisticated digital financial market.

In a significant step toward operationalizing the market, the Ministry of Finance has coordinated with the Ministry of Public Security and the State Bank of Vietnam to approve five specific companies to provide services for organizing and operating digital asset trading platforms. This collaborative oversight marks a shift toward a formalized crypto ecosystem that is integrated with national security and banking standards.

Deputy Minister Chi expressed confidence in the timeline, stating that the third quarter of 2026 could witness the country’s first official cryptocurrency trading activities. By establishing a clear legal and operational framework, the government intends to foster a high-trust environment that supports the broader goal of building a robust, AI-ready digital economy.