This is an overlap between NQ05 and the cryptocurrency asset law.

- NQ05 takes effect on 9/9/2025

- Cryptocurrency assets recognized on 01/01/2026

In NQ05 it states that 6 months after the first exchange appears, it must transfer to the Vietnamese exchange, transactions are expected to incur a fee of 0.1%. However, the cryptocurrency asset law states that after 1/1/2026 it will be considered an asset. Assets that are bought and sold must, in a literal sense, be taxed.

Let’s assume that after 1/1/2026 there is no first exchange. At that time, if you sell USDT, isn't that selling an asset? At that point, of course, profits and losses don’t matter, if it converts to VND, will taxes still be applied? I'm not sure how much the tax is, because I don't know which category it falls under? The 35% I mentioned is with the tax rate of 35% on monthly income over 100 million, I just put it down for fun, but I’m not clear on how cryptocurrency assets will be taxed?

If anyone knows, please respond to help those who are also confused.