According to the amended personal income tax law from 1/7/2026, income from crypto transfer transactions will be taxed at 0.1%, similar to stock transactions. I see many people complaining about this without fully understanding the issue.

Honestly, this is an extremely positive signal. Anyone who is a trader or a professional investor will know that the biggest challenge of crypto trading in Vietnam is cashing out, meaning converting to VND for use. Previously, when digital assets were not legalized, if you cashed out 1 billion, you could be immediately scrutinized, and the effort to break down the 1 billion amount for cashing out was very significant. You usually sold through P2P or groups, but it was very risky because you didn't know the source of the money. Therefore, the current fee of 0.1% makes everything much more manageable. You could even consider using USDT as if it were VND, when the regulations are clear, and you might list USDT as an asset on the balance sheet, for example.

This is a long process, but it can be said that the Vietnamese government is very open to digital assets. And with clear cash out and cash in regulations, many individuals or organizations may soon invest tens of millions of dollars in the crypto market.

I hope to soon see BTC or ETH listed on the balance sheets of Vietnamese enterprises, just like Microstrategy.