Vietnam's Ministry of Finance has proposed a 0.1% tax on cryptocurrency asset transfers conducted through licensed service providers. This tax rate aligns with the current rate for stock transactions. The policy draft mandates that individual investors, regardless of residency, pay the tax based on transaction value. Institutional investors will face a 20% corporate income tax on profits from crypto transfers, after deducting purchase costs and related expenses. Notably, crypto transactions will be exempt from value-added tax. The draft also defines crypto assets as digital assets using encryption for issuance, storage, and transaction verification. It sets a statutory capital threshold of 100 trillion VND (approximately $4.08 billion) for establishing a digital asset exchange, with a foreign ownership cap of 49%.