On September 9, 2025, on behalf of the Government, Deputy Prime Minister Ho Duc Phoc signed and issued Resolution No. 05/2025/NQ-CP of the Government on piloting the crypto asset market in Vietnam. This Resolution takes effect from September 9, 2025; the pilot implementation period is 5 years. The Government Portal respectfully introduces the full text of the Resolution.
RESOLUTION
On the pilot implementation of the crypto asset market in Vietnam
GOVERNMENT
Pursuant to the Law on Government Organization No. 63/2025/QH15;
Pursuant to the Civil Code dated November 24, 2015;
Pursuant to the Law on Promulgation of Legal Documents No. 64/2025/QH15; Law on amending and supplementing a number of articles of the Law on Promulgation of Legal Documents No. 64/2025/QH15;
Pursuant to Law on Network Security No. 86/2015/QH13;
Pursuant to the Law on Cyber Security 24/2018/QH14;
Pursuant to the Law on Enterprises No. 59/2020/QH14; Law amending and supplementing a number of articles of the Law on Public Investment, the Law on Investment under the Public-Private Partnership model, the Investment Law, the Housing Law, the Bidding Law, the Electricity Law, the Enterprise Law, the Law on Special Consumption Tax and the Law on Civil Judgment Enforcement No. 03/2022/QH15; Law amending and supplementing a number of articles of the Law on Enterprises No. 76/2025/QH15;
Pursuant to Law on Anti-Money Laundering No. 14/2022/QH15;
Pursuant to Law on Anti-Terrorism No. 28/2013/QH13;
Pursuant to Decree No. 78/2025/ND-CP dated April 1, 2025 of the Government detailing a number of articles and measures to organize and guide the implementation of the Law on Promulgation of Legal Documents and Decree amending and supplementing a number of articles of Decree No. 78/2025/ND-CP dated April 1, 2025 of the Government detailing a number of articles and measures to organize and guide the implementation of the Law on Promulgation of Legal Documents and Decree No. 79/2025/ND-CP dated April 1, 2025 of the Government on inspection, review, systematization and processing of legal documents;
Pursuant to Decree No. 39/2022/ND-CP dated June 18, 2022 of the Government promulgating the Government's Working Regulations;
At the request of the Minister of Finance ;
The Government issued a Resolution on piloting the crypto asset market in Vietnam.
Chapter I
GENERAL PROVISIONS
Article 1. Scope of regulation
This Resolution provides for the pilot implementation of offering and issuance of crypto-assets, organization of crypto-asset trading market and provision of crypto-asset services; and state management of the crypto-asset market in Vietnam.
Article 2. Subjects of application
1. Subjects of the pilot implementation include: Organizations providing crypto-asset services; organizations issuing crypto-asset; Vietnamese organizations and individuals and foreign organizations and individuals participating in crypto-asset investment and operating in the crypto-asset market in Vietnam within the scope of this Resolution.
2. Other agencies, organizations and individuals related to the offering and issuance of crypto assets, organization of crypto asset trading markets; state management of the crypto asset market in Vietnam.
Article 3. Interpretation of terms
In this Resolution, the following terms are construed as follows:
1. Digital assets are assets as prescribed by the Civil Code, expressed in the form of digital data, created, issued, stored, transferred and authenticated by digital technology in the electronic environment.
2. Crypto assets are a type of digital assets that use encryption technology or digital technology with similar functions to authenticate assets during the process of creation, issuance, storage, and transfer. Crypto assets do not include securities, digital forms of legal currency, and other financial assets as prescribed by civil and financial laws.
3. A crypto asset service provider is an enterprise that performs and provides one or more of the following services and activities:
a) Organizing the crypto-asset trading market;
b) Crypto-asset trading;
c) Crypto asset custody;
d) Provide a platform for issuing crypto assets.
4. Organizing a crypto-asset trading market is providing a platform or infrastructure system for exchanging information, collecting orders to buy, sell, trade crypto-assets, and settling crypto-asset transactions.
5. Proprietary trading of cryptoassets is the purchase or sale of cryptoassets for the same cryptoasset service provider.
6. Crypto asset custody is the act of receiving, storing, preserving, and transferring crypto assets to customers, helping customers exercise rights related to the crypto assets in custody.
7. Providing a platform for issuing crypto assets means providing an electronic system for offering and issuing crypto assets.
8. Crypto-asset issuer is an organization that offers and issues crypto-assets through a crypto-asset issuance platform.
9. A foreign investor is an individual with foreign nationality or an organization established under foreign law that conducts investment activities in Vietnam.
10. Domestic investors are individuals with Vietnamese nationality or organizations established under Vietnamese law.
Article 4. Principles for pilot implementation of the crypto asset market
1. The pilot implementation of the crypto-asset market is carried out on the principles of caution, control, a roadmap suitable to practice, safety, transparency, efficiency, and protection of the legitimate rights and interests of organizations and individuals participating in the crypto-asset market.
2. The pilot must ensure compliance with Vietnamese law and international treaties to which Vietnam is a member. During the pilot period, if risks arise that affect the security and safety of the financial and monetary markets, social order or public interests, the Ministry of Finance shall submit to the Government a decision on a plan to temporarily suspend, discontinue, adjust, supplement or terminate the pilot implementation of one, several or all activities related to the pilot crypto-asset market according to the principle of ensuring the harmony of interests between the State, investors and enterprises.
3. Foreign investors participating in the crypto-asset market in Vietnam, in addition to complying with Vietnamese law, must comply with the legal provisions of the country where the organization is established, operates or where the individual is a citizen, except in cases where such provisions are contrary to the basic principles of Vietnamese law or international treaties to which Vietnam is a member.
4. Organizations and individuals participating in the crypto-asset market are responsible for ensuring the accuracy, honesty, completeness, timeliness and non-misleadingness of published information; complying with regulations on issuance, trading, internal information and purposes of using crypto-assets. Only organizations licensed by the Ministry of Finance to provide services for organizing crypto-asset trading markets are allowed to provide services related to crypto-assets and advertising and marketing related to crypto-assets.
5. Organizations and individuals participating in the crypto-asset market must comply with relevant legal provisions on preventing and combating money laundering, terrorist financing, financing the proliferation of weapons of mass destruction, electronic transactions, network information security, network security, data protection to ensure security and safety in the crypto-asset market and other relevant specialized laws.
6. Organizations and individuals who violate legal provisions related to crypto assets and the crypto asset market, depending on the nature and severity of the violation, shall be handled according to criminal law or administrative sanctions. Violations related to crypto assets and the crypto asset market, fines, forms of sanctions and sanctioning authority shall be as prescribed by the Government. The Ministry of Finance has the authority to temporarily suspend or terminate one or several activities of organizations providing crypto asset services in accordance with the principle of ensuring the legitimate rights and interests of investors, enterprises and the State.
7. The offering, issuance, trading and payment of crypto assets must be made in Vietnamese Dong.
8. Crypto assets are used for exchange or investment purposes as prescribed in this Resolution.
9. Tax policies for transactions, transfers and trading of crypto assets are applied as tax regulations for securities until there is a tax policy for the crypto asset market in Vietnam.
10. In case the legitimate rights and interests of an organization or individual are violated or a dispute arises during activities in the crypto-asset market in Vietnam, the protection of legitimate rights and interests or dispute resolution shall be carried out through negotiation, conciliation or request for arbitration or Vietnamese Court to resolve in accordance with the provisions of law.
Chapter II
OFFERING, ISSUANCE OF CRYPTO ASSETS
Article 5. Conditions for offering and issuing crypto assets
1. The organization issuing the crypto-asset is a Vietnamese enterprise, registered to operate as a limited liability company or a joint stock company under the Law on Enterprises.
2. Crypto assets must be issued based on underlying assets that are real assets, excluding assets that are securities or legal currencies.
Article 6. Regulations on offering and issuing crypto assets
1. Crypto assets are only offered and issued to foreign investors.
2. Crypto assets specified in Clause 1 of this Article may only be traded between foreign investors through crypto asset service providers licensed by the Ministry of Finance.
3. At least 15 days before conducting the offering or issuance, the organization issuing the crypto-asset must disclose information about the Prospectus for offering or issuance of crypto-asset according to Form No. 01 of the Appendix issued with this Resolution and other relevant documents (if any) on the electronic information page (website) of the organization providing crypto-asset services and the electronic information page of the issuer.
Chapter III
CRYPTO ASSETS TRADING MARKET ORGANIZATION
Article 7. Regulations on organization of crypto-asset trading market
1. Domestic investors holding crypto assets and foreign investors are allowed to open accounts at crypto asset service providers licensed by the Ministry of Finance to deposit, buy and sell crypto assets in Vietnam.
2. After a period of 6 months from the date the first crypto-asset service provider is licensed, domestic investors who trade crypto-assets without going through a crypto-asset service provider licensed by the Ministry of Finance, depending on the nature and severity of the violation, will be subject to administrative sanctions or criminal prosecution in accordance with the law.
3. Crypto asset service providers licensed by the Ministry of Finance to provide services to organize crypto asset trading markets shall perform, provide services and operate in accordance with the provisions of Clause 3, Article 3 of this Resolution. Crypto asset transactions must be performed through crypto asset service providers licensed by the Ministry of Finance.
Article 8. Conditions for granting a License to provide services for organizing crypto-asset trading markets
1. Is a Vietnamese enterprise, registered to do business in the industry or profession of providing services related to crypto assets in the form of a limited liability company or joint stock company in Vietnam according to the Law on Enterprises.
2. The charter capital contribution must be in Vietnamese Dong and the minimum contributed charter capital must be 10,000 billion Vietnamese Dong.
3. Conditions on shareholders and capital contributing members:
a) At least 65% of the charter capital must be contributed by shareholders and members who are organizations, of which over 35% of the charter capital must be contributed by at least 02 organizations such as commercial banks, securities companies, fund management companies, insurance companies, and enterprises operating in the technology sector;
b) Shareholders and capital contributing members that are organizations must have legal status and profitable business operations for 02 consecutive years prior to the year of requesting a license; the financial statements of 02 consecutive years prior to the year of requesting a license must be audited and the audit opinion must be an opinion of full approval;
c) Organizations and individuals are only allowed to contribute capital to 01 organization providing crypto-asset services licensed by the Ministry of Finance;
d) The total capital contribution and share purchase of foreign investors in a crypto-asset service provider must not exceed 49% of the charter capital of the crypto-asset service provider.
4. Have a working office, with adequate facilities, techniques, equipment, office equipment, and technology systems suitable for providing crypto-asset services.
5. Personnel conditions:
a) The General Director (Director) has at least 02 years of experience working in the professional department of organizations in the fields of finance, securities, banking, insurance or fund management;
b) The Chief Technology Officer (or equivalent position) has at least 05 years of experience working in the information technology department of organizations in the fields of finance, securities, banking, insurance, fund management or enterprises operating in the technology field;
c) Have at least 10 employees working in the technology department with diplomas and training certificates in network information security meeting the provisions of Article 50 of the Law on Network Information Security; have at least 10 employees with securities practice certificates working in other professional departments.
6. There are the following business processes:
a) Risk management and information security processes;
b) Process of providing platform services for issuing crypto assets;
c) Customer asset custody and management process;
d) Transaction and payment process;
d) Self-employment process;
e) Procedures for preventing and combating money laundering, terrorist financing, and proliferation of weapons of mass destruction;
g) Information disclosure process;
h) Internal control process;
i) Transaction monitoring process;
k) Procedures for preventing conflicts of interest, handling customer complaints, and compensating customers.
7. The information technology system of the Crypto Asset Service Provider must meet the level 4 information technology system security standards according to the law on information security before being put into operation and exploitation.
Article 9. Dossier for granting a License to provide services for organizing crypto-asset trading markets
1. Application for a license to provide services to organize a crypto-asset trading market according to Form No. 02 of the Appendix issued with this Resolution, together with the Charter of the registered organization.
2. Certificate of business registration issued by a competent state agency in case this document has not been posted on the National Business Registration Information Portal.
3. List of shareholders and capital contributors according to Form No. 03 Appendix issued with this Resolution, together with the following documents:
a) Certificate of business registration or equivalent document for the organization in case this document has not been posted on the National Business Registration Information Portal; audited financial statements of the two previous years of the capital contributing organization;
b) Minutes of capital contribution agreement, showing information meeting the conditions in Clause 3, Article 8 of this Resolution;
c) Commitment document of the capital contributing organization or individual on compliance with the provisions of this Resolution and laws related to capital contribution.
4. Explanation of facilities according to Form No. 04 of the Appendix issued with this Resolution, together with documents proving ownership of the headquarters, right to use the headquarters or headquarters lease contract.
5. List of personnel according to Form No. 05 and Personal information sheet according to Form No. 06 of the Appendix issued with this Resolution meeting the provisions in Clause 5, Article 8 of this Resolution; labor contracts of these personnel.
6. The procedure prescribed in Clause 6, Article 8 of this Resolution.
7. Appraisal document of the Ministry of Public Security for the application for level 4 information system security of the registered organization.
8. Documents proving capital contribution in Vietnamese Dong as prescribed in Clause 2, Article 8 of this Resolution; audited annual financial statements or audited contributed charter capital statements at the most recent time.
Article 10. Procedures for granting a License to provide services for organizing crypto-asset trading markets
1. The dossier specified in Article 9 of this Resolution must be prepared in writing in 01 original set in Vietnamese. In case the documents in the dossier are copies, they must be copies from the original book or certified. The dossier is submitted and returned directly to the State Securities Commission, sent via public postal service, via the National Public Service Portal or via the Administrative Procedure Information System according to the provisions of law. When using an electronic identification account to resolve administrative procedures, information on electronic identity, information integrated on the electronic ID, electronic identification account has evidential value, equivalent to providing information or using, presenting documents, papers containing that information in performing administrative procedures.
2. Within 20 days from the date of receipt of complete and valid documents specified in Clauses 1, 2, 5, 6, Article 9 of this Resolution, the Ministry of Finance shall issue a document on the registration organization to carry out the procedures specified in Clause 3 of this Article. In case the dossier is not complete and valid, the Ministry of Finance shall issue a written reply stating the reasons.
3. After the Ministry of Finance has issued the document specified in Clause 2 of this Article, the registering organization shall continue to submit the documents specified in Clauses 3, 4, 7, 8, Article 9 of this Resolution. The Ministry of Finance shall not continue to process the dossier of the registering organization in case it does not receive or does not receive in full the documents specified in Clauses 3, 4, 7, 8, Article 9 of this Resolution within 12 months from the date the Ministry of Finance issues the document specified in Clause 2 of this Article.
4. Within 30 days from the date the Ministry of Finance receives all documents specified in Article 9 of this Resolution, the Ministry of Finance shall coordinate with the Ministry of Public Security and the State Bank of Vietnam to review the dossier and issue a License to provide services to organize the crypto-asset trading market according to Form No. 07 of the Appendix issued with this Resolution; in case of refusal, the Ministry of Finance shall respond in writing and state the reasons.
5. Within 07 working days from the date the Ministry of Finance issues the License to provide services for organizing crypto-asset trading markets, the registered organization must publish information on the official date of providing crypto-asset services to investors on the Ministry of Finance's electronic information page and 01 electronic newspaper or printed newspaper in 03 consecutive issues. At the same time, the registered organization must post the procedures specified in points b, c, d, g, k, Clause 6, Article 8 of this Resolution, the audited annual financial statements or the audited contributed charter capital report at the most recent time specified in Clause 8, Article 9 of the Resolution on the enterprise's electronic information page and the Ministry of Finance's electronic information page.
6. After 30 days from the date the Ministry of Finance issues the License to provide services for organizing crypto-asset trading markets, the registered organization must operate under the License to provide services for organizing crypto-asset trading markets, except in cases of force majeure; if it fails to operate after this period, the Ministry of Finance shall carry out procedures to revoke the License to provide services for organizing crypto-asset trading markets in accordance with the provisions of Article 12 of this Resolution.
Article 11. Records, order and procedures for adjusting the License to provide services for organizing crypto-asset trading markets
1. Dossier for adjusting the License to provide services for organizing crypto-asset trading markets:
a) Document requesting adjustment of the License to provide services for organizing the crypto-asset trading market according to Form No. 08 of the Appendix issued with this Resolution;
b) In case of change of company name, head office address, charter capital, the dossier must be accompanied by the Decision of the General Meeting of Shareholders, Board of Members or company owner on change of company name, head office address, charter capital.
regulations;
c) In case of change of head office address, the dossier must be accompanied by documents specified in Clauses 4 and 7, Article 9 of this Resolution;
d) In case of charter capital increase, the dossier must be accompanied by confirmation from an approved auditing organization on the increased capital or a financial report at the time after the crypto asset service provider completes the charter capital increase that has been audited by an approved auditing organization;
d) In case of charter capital reduction, the attached documents must be a report on equity capital after reduction audited by an approved auditing organization;
e) In case of changing the legal representative without changing the title, the dossier is accompanied by the Decision of the Board of Directors, Board of Members, company owner approving the appointment or dismissal of the Chairman of the Board of Directors, Chairman of the Board of Members, Chairman of the company or General Director (Director) with the Personal Information Sheet according to Form No. 06 of the Appendix issued with this Resolution;
g) In case of change of information or title of the legal representative, the attached documents shall be the Decision of the General Meeting of Shareholders, the Board of Members or the company owner approving the change of title of the legal representative, amendment of the Company Charter (in case of change of title) and the documents specified in Point e of this Clause.
2. Procedures for adjusting the License to provide services for organizing the crypto-asset trading market
a) The preparation, submission of documents and return of results shall be carried out in accordance with the provisions of Clause 1, Article 10 of this Resolution;
b) Within 07 working days from the date of receiving valid documents, the Ministry of Finance shall adjust the License for providing services of organizing crypto-asset trading market; in case of refusal, a written response must be given stating the reasons.
Article 12. Regulations on revocation of License to provide services of organizing crypto-asset trading market
1. The Ministry of Finance shall revoke the License to provide services to organize the crypto-asset trading market of an organization providing crypto-asset services in the following cases:
a) Have a written request to revoke the License to provide services to organize the crypto-asset trading market of the crypto-asset service provider according to Form No. 08 of the Appendix issued with this Resolution or of the competent management agency.
competence;
b) Dissolution, bankruptcy, merger, division, and acquisition shall be carried out in accordance with specialized laws;
c) Failure to remedy the causes leading to the temporary suspension or cessation of the provision of crypto-asset services within 60 days from the date the Ministry of Finance temporarily suspends or ceases one or several activities of the crypto-asset service provider;
d) Not conducting activities under the License to provide services of organizing crypto-asset trading markets as prescribed in Clause 6, Article 10 of this Resolution.
2. Within 5 working days from the date of receipt of the request document specified in Point a, Clause 1 of this Article, the Ministry of Finance shall issue a written response regarding the revocation of the License to provide services for organizing the crypto-asset trading market of the crypto-asset service provider.
3. In case of license revocation specified in Points a, b, c, Clause 1 of this Article, the investor has the right to deposit crypto assets at another crypto asset service provider; in case the investor does not deposit crypto assets at another crypto asset service provider, the Ministry of Finance has the right to designate another crypto asset service provider to replace it to complete the transactions and contracts of the enterprise whose license has been revoked; in this case, an implicit authorization relationship is established between the two enterprises.
4. When the Ministry of Finance revokes the License to provide services for organizing crypto-asset trading markets, the crypto-asset service provider must comply with the following regulations:
a) Immediately terminate all activities recorded in the License for providing services of organizing crypto-asset trading market and notify in 01 electronic newspaper or printed newspaper in 03 consecutive issues;
b) Within 45 days, make final settlement of customer assets to the crypto asset service provider selected by the customer or designated by the Ministry of Finance to receive and manage customer assets;
c) Report to the Ministry of Finance after completing the customer's asset settlement obligation.
5. The Ministry of Finance is responsible for announcing information on the revocation of the License to provide services for organizing crypto-asset trading markets.
Chapter IV
FOREIGN INVESTORS' MONEY TRANSFER
Article 13. Money transfer by foreign investors
1. Foreign investors must open 01 payment account in Vietnamese Dong (hereinafter referred to as a dedicated account) at 01 bank or foreign bank branch licensed to conduct business and provide foreign exchange services in Vietnam (hereinafter referred to as a licensed bank) to carry out receipt and payment transactions related to the purchase and sale of crypto assets in Vietnam.
2. Specialized account in Vietnamese Dong to perform the following transactions:
a) Receipts from foreign currency sales to licensed banks;
b) Collect transfers from foreign investors' Vietnamese Dong payment accounts opened at licensed banks;
c) Revenue from the sale of crypto assets as prescribed in this Resolution;
d) Transfer balance in case of changing specialized account as prescribed in Clause 5, Article 13 of this Resolution;
d) Collect interest from account balances according to law;
e) Expenses for purchasing crypto assets as prescribed in this Resolution;
g) Transferring money to a foreign investor's Vietnamese Dong payment account opened at a licensed bank;
h) Purchase foreign currency at licensed banks to transfer money from legal sources of income specified in this Article abroad;
i) Transfer the balance to a new dedicated account as prescribed in Clause 5, Article 13 of this Resolution;
k) Pay service fees related to account management and money transfer transactions through accounts according to regulations of licensed banks.
3. The opening and use of specialized accounts by foreign investors shall be implemented in accordance with the provisions of this Resolution. Contents of specialized accounts not specified in this Resolution shall be implemented in accordance with the provisions of law on opening and use of payment accounts.
4. For the application for opening a specialized account at licensed banks to conduct revenue and expenditure transactions related to the purchase and sale of crypto assets in Vietnam, in case the documents, information, and data are in a foreign language or the documents are issued by a competent foreign authority, the following shall be implemented:
a) Documents must be notarized or certified in accordance with Vietnamese or foreign laws within 12 months from the date the bank is allowed to receive the application;
b) The licensed bank is allowed to agree with the customer on whether or not to translate into Vietnamese but must ensure the following principles: the licensed bank must check, control and be responsible for confirming the content of documents, information and data in foreign languages to ensure that they meet the information requirements provided in this Resolution; documents, information and data in foreign languages must be translated when requested by a competent authority, the translation must be certified by a competent person of the licensed bank or must be notarized or certified.
5. In case a foreign investor wishes to open a specialized account at another licensed bank, he/she must transfer the entire balance of the specialized account currently in use to a new specialized account and close the specialized account currently in use. The new specialized account can only be used to perform the revenue and expenditure transactions in this Resolution after closing and settling the previously opened specialized account.
6. Money transfer orders to carry out transactions of buying and selling crypto assets in Vietnam by foreign investors must clearly state the purpose of the money transfer so that authorized banks have a basis for comparison, inspection, and retention of documents, ensuring that the provision of foreign exchange services is carried out for the right purpose and in accordance with the provisions of law.
7. The authorized bank where the foreign investor opens a specialized account is responsible for:
a) Check and keep documents and papers in accordance with actual transactions to ensure that the provision of foreign exchange services is carried out for the right purpose and in accordance with the provisions of law; be responsible before the law for the completeness and validity of the specialized account opening documents;
b) Issue internal regulations on documents, procedures and processes for opening and using specialized accounts to conduct revenue and expenditure transactions related to the purchase and sale of crypto assets in Vietnam, and publicly announce them to foreign investors for their information and implementation. In particular, the internal regulations must include at least the following contents: regulations on documents, procedures and processes for opening specialized accounts; regulations on agreements on opening and using specialized accounts; regulations on the use of specialized accounts; regulations on handling inquiries and complaints, sample requests for inquiries and complaints; and regulations on risk management in opening and using specialized accounts in accordance with the provisions of Clauses 1 and 2, Article 13 of this Resolution;
c) Be responsible before the law when opening, closing and performing revenue and expenditure transactions on specialized accounts for foreign investors;
d) Comply with legal regulations on preventing and combating money laundering, terrorist financing, and financing the proliferation of weapons of mass destruction.
8. Foreign investors are responsible before Vietnamese law for the authenticity, validity and legality of records, documents, information and data provided to licensed banks; honestly and fully declare the content of transactions related to the purchase and sale of crypto assets in Vietnam.
9. No later than the 10th day of the first month of each quarter, the licensed bank where the foreign investor opens a specialized account must report in writing to the Ministry of Finance, the Ministry of Public Security and the State Bank of Vietnam (Anti-Money Laundering Department, Foreign Exchange Management Department) on the summary of the revenue and expenditure situation on the specialized account to conduct transactions of buying and selling crypto assets of the foreign investor in the previous quarter according to Form No. 09 of the Appendix issued with this Resolution.
Chapter V
RIGHTS AND RESPONSIBILITIES OF ORGANIZATIONS AND INDIVIDUALS PARTICIPATING IN THE CRYPTO ASSET MARKET
Article 14. Rights and responsibilities of crypto-asset issuers
1. Ensure the accuracy, completeness, timeliness and non-misunderstanding of information provided to state management agencies, crypto asset service providers and investors.
2. Coordinate with organizations providing crypto-asset services to ensure compliance with the provisions of Vietnamese law and the laws of countries where foreign investors are citizens; comply with the legal provisions on foreign ownership of assets as a basis for issuing crypto-assets (if any).
3. Be responsible for properly implementing the information disclosed in the Prospectus for offering and issuing crypto assets.
4. Responsible for resolving disputes related to the issuance of crypto assets in accordance with the provisions of law.
5. Pay taxes according to tax laws.
Article 15. Rights and responsibilities of organizations providing crypto-asset services
1. Crypto asset service providers have the following rights:
a) Authorized to operate and do business according to the contents of this Resolution;
b) Authorized to collect service fees related to crypto-asset operations and business.
2. Crypto asset service providers have the following responsibilities:
a) Verify the identity of investors opening accounts; separately manage customers' money and crypto assets from money and crypto assets of organizations providing crypto asset services; monitor transaction activities; ensure security and safety of information technology systems; protect customers' assets; collect and pay taxes in accordance with tax laws; comply with the provisions of Vietnamese law and the laws of countries where services are provided; report to the Ministry of Finance in case there is information related to the enterprise that seriously affects the legitimate rights and interests of investors;
b) Implement measures to prevent and combat money laundering, terrorist financing, and financing the proliferation of weapons of mass destruction applicable to financial institutions, including the identification of customers in cases where customers conduct irregular transactions as prescribed in Point b, Clause 2, Article 9 of the Law on Prevention and Combat of Money Laundering, which is implemented when the customer's transaction value has an equivalent conversion value of 1,000 USD or more; use appropriate methods to continuously monitor and supervise transactions and business relationships of customers with organizations providing crypto-asset services, regularly identify and update suspicious signs to promptly detect and report suspicious transactions as prescribed;
c) When providing platform services for issuing crypto assets, it is necessary to ensure the issuance conditions, completeness and accuracy of the prospectus for offering and issuing crypto assets or other information that must be published through the system of the service provider; coordinate with the issuing organization to ensure compliance with the provisions of Vietnamese law and the laws of countries where foreign investors are citizens; periodically on the 10th of each month, inform the Ministry of Finance, the State Bank of Vietnam, and the Ministry of Public Security about the issuance of crypto assets in the previous month;
d) Periodically on the 10th of each month, inform the Ministry of Finance, the State Bank of Vietnam, and the Ministry of Public Security about the crypto-asset trading market situation in the previous month;
d) Ensure that investors are provided with services in compliance with the provisions in Clauses 1 and 2, Article 6 of this Resolution; ensure that investors' account opening complies with the principles specified in Points a and b, Clause 1, Article 16 of this Resolution;
e) Publicly announce the price list of services related to crypto-asset business activities, clearly stating the types of service prices and the applicable price levels for each type of service and activity, ensuring compliance with the provisions of law. Crypto-asset service providers are not allowed to collect any additional service prices other than the published service price list. In case of any change in the service price list, the crypto-asset service provider must notify investors at least 30 days before the date of application;
g) Ensure that advertising and marketing information is accurate, complete, clear and not misleading;
h) Be responsible before the law for the accuracy, honesty and completeness of the documents submitted to the management agency and the published information; implement the financial management, accounting, statistics and auditing regimes according to the provisions of law;
i) Propagating and disseminating knowledge about crypto assets to investors;
k) Select the type of crypto assets to be traded and report to the Ministry of Finance, Ministry of Public Security, and State Bank of Vietnam;
l) Store on the server system in Vietnam for at least 10 years the transaction history, information about the initiator, beneficiary (at least name, address, wallet address), history of login device address or Internet protocol address (hereinafter referred to as IP address) access; access device information; account opening information, information about the investor's linked bank account;
m) Be responsible for resolving disputes related to the process of providing crypto-asset services in accordance with the law; resolve and compensate for damages in accordance with the law in case investors lose money or crypto-assets due to unsafe security systems, intrusions, or fraud;
n) Preventing conflicts of interest between investors and organizations providing crypto-asset services;
o) Report as required by the regulatory agency;
p) In case of using third-party services to support the implementation and provision of services related to crypto assets, the crypto asset service provider must ensure that the third parties meet the standards of network security, data protection and comply with regulations on anti-money laundering, anti-terrorism financing and anti-proliferation of weapons of mass destruction. The use of third-party services does not exempt the crypto asset service provider from liability in case of information technology incidents and related disputes during the provision of crypto asset services;
q) In case of amending or supplementing the procedures specified in Clause 6, Article 8 of this Resolution, the organization providing crypto-asset services shall only issue them after receiving the opinion of the Ministry of Finance. For the procedures specified in Points b, c, d, g, k, Clause 6, Article 8 of this Resolution, the organization providing crypto-asset services shall post them on its electronic information page.
3. The organization providing crypto-asset services is responsible for publishing the following information on its website and 01 electronic newspaper:
a) Periodic information disclosure: publish audited annual financial statements within 10 days from the date the auditing organization signs the audit report, but not exceeding 90 days from the end of the fiscal year; publish reviewed semi-annual financial statements within 05 days from the date the auditing organization signs the review report, but not exceeding 45 days from the end of the first 6 months of the fiscal year; quarterly financial statements or reviewed quarterly financial statements (if any) within 15 days;
b) Announcement of unusual information: within 24 hours, the organization providing crypto-asset services must announce information about the enterprise's accounts at banks and foreign bank branches that are blocked at the request of competent authorities or when the payment service provider detects signs of fraud or violations of the law related to payment accounts; when receiving documents from competent state agencies or when the enterprise has a decision to temporarily suspend part or all of its business activities; change information in the Certificate of Business Registration or License to provide services to organize crypto-asset trading markets; when receiving a legally effective judgment or decision of the Court related to the enterprise's operations; a decision to sanction violations of tax laws; when receiving a decision from the Ministry of Finance on sanctioning administrative violations in the crypto-asset market; upon receiving a decision from the Ministry of Finance on suspension of operations, temporary suspension of operations or termination of suspension of operations, temporary suspension of operations; upon experiencing an information technology incident that affects the execution of crypto-asset transactions for customers;
c) Information disclosure upon request: Crypto asset service providers must immediately disclose information upon receiving a request from the Ministry of Finance to disclose information related to businesses that seriously affect the legitimate rights and interests of investors. The information disclosed must clearly state the event required to be disclosed, its cause, the level of authenticity of that event, and remedial solutions (if any).
Article 16. Rights and responsibilities of investors
1. Investor's rights:
a) Allowed to open multiple accounts at crypto asset service providers according to the principle that only one account can be opened at each crypto asset service provider;
b) To be resolved disputes and compensated for damages by organizations providing crypto-asset services and organizations issuing crypto-asset services in accordance with the provisions of law;
c) Have full access to information published by crypto-asset service providers and crypto-asset issuers in accordance with the provisions of law;
d) Have their legitimate rights and interests protected.
2. Investors are solely responsible for their decisions to invest in crypto assets.
Chapter VI
IMPLEMENTING ORGANIZATION
Article 17. Implementation
1. The Ministry of Finance is responsible for:
a) Preside over submitting to the Government for promulgation a Decree regulating administrative sanctions for violations in the field of crypto-assets and the crypto-asset market;
b) Preside over and coordinate with the State Bank of Vietnam and the Ministry of Public Security to manage and supervise organizations providing crypto-asset services; deploy measures to prevent and combat money laundering; inspect, examine and supervise activities to prevent and combat money laundering, terrorist financing and financing of proliferation of weapons of mass destruction for organizations providing crypto-asset services within the scope of their duties and powers;
c) Coordinate with relevant ministries and branches to deploy measures to prevent and combat terrorist financing and proliferation of weapons of mass destruction against organizations providing crypto-asset services;
d) Take the lead in guiding the implementation of tax policies for the crypto asset market in this Resolution;
d) Preside and coordinate with the Ministry of Public Security and the State Bank of Vietnam to select up to 05 organizations providing cryptographic asset services;
e) Preside over and coordinate with relevant ministries and branches to periodically report to the Prime Minister every 6 months on the implementation of this Resolution and propose and recommend on arising issues (if any); summarize and evaluate after the pilot period, report to the Prime Minister on the results of the pilot implementation and propose and recommend appropriate management policies;
g) Preside and coordinate with relevant ministries and branches to provide guidance and answer problems during the implementation of this Resolution.
2. The State Bank of Vietnam presides over the collection, processing and analysis, exchange, provision and transfer of information according to the provisions of Articles 41, 42, 43 of the Law on Prevention and Combat of Money Laundering; Submit to the Government additional reporting subjects specified in Article 4 of the Law on Prevention and Combat of Money Laundering (in case necessary).
3. The Ministry of Public Security presides over the assessment of the level of confidentiality, security, and network safety for organizations providing cryptographic asset services, ensuring compliance with regulations on information security, network security, and data protection; Carry out prevention, detection, stop and handle violations of crypto assets and crypto asset markets according to authority; Coordinate with the Ministry of Finance and relevant ministries and branches to research and develop regulations on criminal law violations, handling forms and fines, recovery of illegal crypto assets in the field of crypto assets, and remedial measures for organizations and individuals who violate criminal laws when participating in the crypto asset market if necessary.
4. Relevant Ministries and branches, within the scope of their assigned authority, are responsible for performing state management tasks regarding the crypto-asset market as prescribed in this Resolution and relevant laws.
5. Agencies, organizations and individuals participating in the pilot are responsible for complying with the provisions of this Resolution and the instructions of management agencies. During the implementation of this Resolution, officials, civil servants, and public employees directly participating in developing and guiding the pilot implementation are protected from risks arising due to the new nature of the crypto asset market, except in cases of violations of the law.
Article 18. Implementation provisions
1. This Resolution comes into force from September 9, 2025.
2. Pilot implementation time: 5 years from the date of the Resolution
enforcement.
3. After the end of the pilot implementation period, the crypto asset market will continue to operate according to this Resolution until there are legal regulations to amend, supplement or replace it.
Article 19. Responsibility for implementation
The Minister of Finance, Governor of the State Bank of Vietnam, Minister of Public Security and Ministers and Heads of relevant agencies are responsible for implementing this Resolution.
Appendix
(Attached to Resolution No. /2025/NQ-CP dated 2025 of the Government)
Sample | Model name |
Form No. 01 | Prospectus for offering and issuing crypto assets |
Form No. 02 | Application for a license to provide services for organizing a crypto asset trading market |
Form No. 03 | List of shareholders and capital contributors |
Form No. 04 | Explanation of facilities |
Model number 05 | Personnel list |
Form No. 06 | Personal information sheet |
Model number 07 | License to provide crypto asset trading market organization services |
Model number 08 | Application for adjustment and revocation of license to provide crypto asset trading market organization services |
Model number 09 | Summary of revenue and expenditure situation on specialized accounts |
Form No. 01. Prospectus for offering and issuing crypto assets
(cover page)
PROSPECTUS
ABC COMPANY
(Business registration certificate No.... issued by... date... month... year...)
(state information issued for the first time and last change)
OFFERING, ISSUANCE OF CRYPTO ASSETS
This prospectus and supporting documents are available at:.................from date:
In charge of information disclosure:
Full name:............................
Position:........................
Phone number:..................
(cover page)
ABC COMPANY
(Business registration certificate No.... issued by... date... month... year......)
(state information issued for the first time and last change)
OFFERING, ISSUANCE OF CRYPTO ASSETS
Encrypted asset name:.......
Number of crypto assets offered and issued:…….. (token)
Offering and issuance price:......
Underlying asset of the crypto asset:….
ORGANIZATION PROVIDING CRYPTOGRAPHY ASSETS SERVICES (PROVIDING CRYPTOGRAPHY ISSUING PLATFORMS): (name, head office address, phone number, website)
ORGANIZATION PROVIDING CRYPTOGRAPHY ASSETS SERVICES (PROVIDING TRADING MARKET ORGANIZATION SERVICES, CRYPTOGRAPHY ASSETS CUSTODY): (name, head office address, phone number, website)
OTHER ORGANIZATIONS (if any)
INDEX
Page
I . Persons responsible for the content of the Prospectus for offering and issuing cryptographic assets |
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II. Risk factors |
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III. Concepts |
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IV. Situation and characteristics of the Issuer |
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V. Information about cryptoassets offered and released |
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VI. Information about offerings and issuances |
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VII. Information about the underlying assets for the offering and issuance of cryptographic assets |
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VIII. Information on rights and obligations associated with crypto assets |
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IX. Other important information that may affect investors' decisions X. Appendix |
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CONTENTS OF OFFERING AND RELEASE PROSPECTUS
CRYPTO ASSETS
I.PERSONS MAINLY RESPONSIBLE FOR THE CONTENT OF THE PROSPECTUS OF OFFERING AND ISSUING CRYPTOCURRED ASSETS
1. Issuing organization
Mr/Mrs:……………Position: Chairman of the Board of Directors/Chairman of the Board of Members/Chairman of the Company;
Mr/Mrs:…………… Position: General Director (Director);
Mr/Mrs: ……………Position: Chief Accountant (Finance Director);
Other main responsible person or equivalent for the project offering and issuing crypto assets (if any);
We guarantee that the information and data in this Prospectus are accurate and truthful and commit to take responsibility for the accuracy and truthfulness of this information and data. Within the scope of our responsibilities and known information, we guarantee that there are no erroneous information or figures that could affect the information in the Prospectus.
2. Organization providing crypto asset services (providing crypto asset issuance platform)
Legal representative: Mr/Mrs: ..........................Position:...................
II. RISK FACTORS
The analysis of risk factors should state the impact on the business sector, financial situation, and business performance of the Issuer. Risk factors should be classified and titled appropriately by group, arranged in order of risk factors with the potential for negative impact from high to low. The minimum risk factors that must be mentioned in the Prospectus are as follows:
1. Risks related to the issuer (economic risks, legal risks, specific risks, ...);
2. Risks related to assets used as underlying assets;
3. Risks related to cryptographic assets;
4. Risks related to offering, issuing and putting cryptoassets into transactions;
5. Risks related to the technology used.
III. CONCEPTS
(Words, groups of abbreviations, specialized and technical terms; words and groups of words that are difficult to understand and can cause misunderstandings in the Prospectus need to be explained)
IV. ACTIVITIES AND CHARACTERISTICS OF THE ISSUING ORGANIZATION
1. General information about the Issuing Organization (full name, abbreviated name, name written in a foreign language, business registration certificate number, head office address, phone number, website, charter capital, main business lines, legal representative)
2. Summary of the formation and development process of the Issuer (state important events in the history of formation, development and in the field of business activities of the Issuer)
3. Governance structure and management apparatus of the Issuing Organization (shown by diagram with explanation)
4. Business activities (The issuer states the contents to clarify business activities based on the characteristics of the industry):
- Characteristics of business activities;
- Property situation;
- Performance of production and business activities (revenue, profit, basic financial indicators,...);
- Position of the Issuer;
- Business strategy.
5. Information about other types of cryptoassets that have been released or activities related to other cryptoassets (if any): Information about each type of cryptoasset, the issued quantity of each type, release time, implementation of commitments for each cryptoasset,...
6. Relationship between the issuer and units operating cryptographic technology: Relationship between the issuer and units operating cryptographic technology or digital technology with similar functions used to issue cryptographic assets,...
7. Information about company owners/shareholders/members owning 10% or more of charter capital
- For individuals: Name, year of birth, nationality;
- For organizations: Name, year of establishment, number of Business Registration Certificate or other equivalent document, nationality, head office address, charter capital, legal representative (name, position), authorized representative at the Issuing Organization (name, position);
- Number and ratio of shares held and voting shares of shareholders and their related persons (in case the issuer is a joint stock company) or value and ratio of capital contributions of members and their related persons (in case the issuer is a limited liability company with two or more members);
- Related benefits for the issuer (if any).
7. Information about business managers, including: members of the Board of Directors/members of the Board of Members/Chairman of the company, Controller, General Director (Director), Deputy General Director (Deputy Director), Chief Accountant
- Name, year of birth, nationality;
- Education level, professional capacity, work experience;
- Positions held and currently held at the issuing organization (state information about time and position held);
- Positions held and held at other organizations (state information about time and positions held);
- Number and ratio of shares held and voting shares of individuals and their related persons (in case the issuer is a joint stock company) or value and ratio of capital contribution to the issuer by individuals and their related persons (in case the issuer is a limited liability company);
- Related benefits for the issuer (if any);
- Debts owed to the issuing organization (if any).
V. INFORMATION ABOUT CODED ASSETS OFFERED FOR SALE AND ISSUED
- Name and abbreviation or transaction code of the cryptographic asset;
- Characteristics and functions of the cryptoassets offered and issued, including information on when the functions are expected to be applied;
- Detailed information about individuals or organizations involved in the operation of crypto assets (including advisory groups, development teams and organizations providing issuance platforms and providing services for organizing crypto asset trading markets);
- Describe the roles, responsibilities and accountability of third-party organizations participating in the offering and issuance process;
- Information on plans related to crypto assets offered for sale and issued (details on expected time and resources allocated);
- Information about the underlying technology used: protocols and technical standards applied to carry out holding, storage and transfer; mechanisms to ensure transaction safety and related service prices.
VI. INFORMATION ABOUT THE OFFERING AND ISSUANCE
1. Total amount of cryptoassets offered and issued:
- State the number of cryptoassets offered for sale or issued; In case of offering or issuing crypto assets for multiple batches, state the number of crypto assets expected to be offered and released in each batch;
- Minimum number of successful offerings and issuance (if any).
2. Offering and issuance price: …..
3. Information about the organization providing cryptographic asset services (providing issuance platform) and expected crypto asset service provider (providing crypto asset trading market organization service)
4. Distribution method:
- Clearly state information about the purchase registration time; verifying identity and limiting the number of investors registering to buy; Minimum and maximum number of subscriptions; Handle cases where the number of registered purchases exceeds the number offered for sale or issued; Refund plan for investors who cannot buy all the registered crypto assets; payment method; proposed method and schedule for transferring cryptographic assets;
- Technical requirements that investors need to meet to hold crypto assets;
- Name of the organization providing crypto asset services (providing the crypto asset issuance platform) participating in the distribution of crypto assets;
- Name of the organization providing the expected crypto asset service (providing the service of organizing the crypto asset trading market) and information about the approach and related costs.
5. Potential conflicts related to offerings and issuances
6. Cancel the offering or issuance
- The offering or issuance is canceled in case the distribution does not meet the minimum conditions (if any);
- State the time limit and method of recovering and refunding money to investors; terms of commitment to compensate investors for damages in case the above time limit is exceeded.
7. Relevant taxes (income tax and other taxes related to cryptoassets offered and issued)
VII. INFORMATION ABOUT BASED ASSETS FOR OFFERING AND ISSUANCE OF CODED ASSETS
- Type of underlying asset;
- Characteristics of the underlying asset;
- Information about ownership of underlying assets;
- Security measures for underlying assets;
- Expected future revenue sources of the underlying asset;
- Rights of the issuer and the owner of the cryptographic asset with respect to the underlying asset;
- Information about underlying asset valuation (if any): clearly state information about the valuation organization, valuation method, valuation results.
VIII. INFORMATION ABOUT RIGHTS AND OBLIGATIONS ASSOCIATED WITH CRYPTOGRAPHY ASSETS
- Rights and obligations of cryptographic asset owners, procedures and conditions for exercising rights;
- Information about the roadmap to put crypto assets into transactions after the end of the offering or issuance;
- Information on restrictions on transfer of crypto assets (if any);
- Mechanism to protect liquidity and protect the value of encrypted assets (if any);
- Handling of rights for crypto asset owners in case the issuer becomes insolvent;
- Information on how to handle complaints and disputes related to cryptographic assets;
- Information on conditions and methods of refunding crypto assets, including form of refund and refund currency.
IX. OTHER IMPORTANT INFORMATION THAT MAY AFFECT INVESTOR'S DECISION (if any)
......., day... month... year.... REPRESENTATIVE OF ORGANIZATION PROVIDING CRYPTOGRAPHY ASSETS SERVICES (Legal representative) (Sign, print full name and stamp) | ......., day... month... year.... ORGANIZATION REPRESENTATIVE RELEASE (Legal representative) (Sign, print full name and stamp) |
......., day... month... year.... REPRESENTATIVES OF OTHER ORGANIZATIONS (if any) (Position) (Sign, print full name and stamp) | ......., day... month... year.... OTHER OR SIMILAR MAIN RESPONSIBILITIES FOR PROJECTS OF OFFERING AND ISSUING CRYPTOCURRENCY ASSETS (if any) |
| (Sign, full name) |
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X. APPENDIX
1. Appendix I: Business registration certificate
2. Appendix II: Decision of the General Meeting of Shareholders/Board of Directors/Board of Members
3. Appendix III: Company charter
4. Appendix IV: Most recent year's audited financial statements (if any)
5. Appendix V: List of legal documents related to the underlying assets (if any)
6. Other appendices (if any)
Form No. 02. Application for license to provide crypto asset trading market organization services
NAME OF REGISTERED ORGANIZATION | SOCIALIST REPUBLIC OF VIETNAM Independence - Freedom - Happiness |
| ...., day... month... year... |
PROPOSAL PAPER
GRANT OF LICENSE TO PROVIDE SERVICES
CRYPTO ASSETS TRADING MARKET ORGANIZATION
To: Ministry of Finance
We are:
- Company ………… (name in Vietnamese, name in English, abbreviation written in capital letters)
- Business registration certificate: ...... issued by ………… date... month... year....
- Charter capital:.………………………………………………………………
- Owner's capital:.………………………………………………………….
- Head office address:………………………………………………………………………………………………
- Phone:………………………….Website:……………………………………
- Information about the business manager of the registered organization (clearly state full name; title; personal identification number[1]/passport number[2]; date, month, year of birth).
- Administrative structure and management apparatus of the registered organization (shown by diagram with explanation).
Based on the conditions for providing crypto asset services according to legal regulations, we find that the Company meets the prescribed conditions.
Request the Ministry of Finance to consider granting a License to provide services for organizing a crypto asset trading market.
We guarantee that the above information and the information in the attached documents are completely accurate. We are committed to complying with current legal regulations related to business activities and provision of crypto asset services.
Attached documents: (List attached documents) | NAME OF REGISTERED ORGANIZATION (Legal representative) (Sign, print full name and stamp) |
Form No. 03. List of shareholders and capital contributing members
NAME OF REGISTERED ORGANIZATION | SOCIALIST REPUBLIC OF VIETNAM Independence - Freedom - Happiness |
| ...., day... month... year... |
LIST OF SHAREHOLDERS AND CAPITAL CONTRIBUTING MEMBERS
TT | Name of individual/Organization | Individual | Organization | Capital contribution ratio (% charter capital) | ||||||
Date of birth | Personal identification number | Passport Number | Business registration certificate or equivalent document | Business lines | ||||||
Code | Date of issue | Place of issue | ||||||||
(1) | (2) | (3) | (4) | (5) | (6) | (7) | (8) | (9) | (10) | |
| I. Organization |
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Attached documents: (List attached documents) | NAME OF REGISTERED ORGANIZATION (Legal representative) (Sign, print full name and stamp) | |||||||||
Note: 1. Columns (3) and (7): Format according to day/month/year. 2. Column (4): For Vietnamese citizens, people of Vietnamese origin whose nationality is unknown and living in Vietnam, or foreigners who have been issued personal identification numbers. 3. Column (5): For foreigners who have not been issued a personal identification number. 4. Column (9): Information link about the business lines of the capital contributing organization on the National Business Registration Portal. 5. Column (10): % format rounded to the second decimal place. | ||||||||||
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Form No. 04. Explanation of facilities
NAME OF REGISTERED ORGANIZATION | SOCIALIST REPUBLIC OF VIETNAM Independence - Freedom - Happiness |
| ...., day... month... year... |
FACILITIES NOTES
I. GENERAL INTRODUCTION
- Name of registering organization (Write in capital letters):...................................................
- Head office address:...................................................................................................
- Phone number:................................; website:...................................................................
II. DETAILED NOTES
1. Office area and layout
a) Total area:...................................................................................................
b) Arrangement of departments and transaction premises: (List specific area)
- ..........................................
- ..........................................
2. Facilities:
TT | Equipment, software | Functional description/technical specifications | Quantity |
I | Office equipment system |
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1 | .... |
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2 | .... |
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II | The system serves the organization of market transactions and payments |
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1 | .... |
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2 | ... |
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III | The system serves self-trading activities |
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1 | .... |
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2 | .... |
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IV | The system serves depository activities and customer asset management |
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2 | ... |
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V | The system serves the operation of providing a platform for issuing cryptographic assets |
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2 | ... |
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VI | Information storage system, database, transaction history |
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VII | Security system, information security |
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VIII | Other systems |
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We commit to take full responsibility for the accuracy and truthfulness of the above content.
| NAME OF REGISTERED ORGANIZATION (Legal representative) (Sign, print full name and stamp) |
Form No. 05. List of personnel
NAME OF REGISTERED ORGANIZATION | SOCIALIST REPUBLIC OF VIETNAM Independence - Freedom - Happiness |
| ...., day... month... year... |
LIST OF PERSONNEL
TT | Full name | Position | Date of birth | Personal identification number | Passport Number | Certificate of securities practice | Signature | ||
Certificate type | Number | Date of issue | |||||||
(1) | (2) | (3) | (4) | (5) | (6) | (7) | (8) | (9) | (10) |
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Note:
1. Column (5): For Vietnamese citizens, people of Vietnamese origin whose nationality is unknown and living in Vietnam, or foreigners who have been issued personal identification numbers.
2. Column (6): For foreigners who have not been issued a personal identification number.
3. Column (7): Brokerage/Analysis/Fund Management,... other (if any).
4. Column (9): Format according to day/month/year.
Form No. 06. Personal information sheet
NAME OF REGISTERED ORGANIZATION | SOCIALIST REPUBLIC OF VIETNAM Independence - Freedom - Happiness |
| ...., day... month... year... |
Photo (4 x 6) |
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PERSONAL INFORMATION SHEET
1. Full name:................................................................. Nationality:...................
2. Date, month, year of birth: Day......month......year.....
3. Personal identification number (for Vietnamese citizens, people of Vietnamese origin whose nationality is unknown and living in Vietnam or foreigners who have been issued personal identification numbers):............................................................................
4. Passport number (for foreigners who have not been issued a personal identification number):...................................................................................................................
5. Contact phone: ..............................................Email:...................................
6. Professional qualifications:...................................................................................
7. Occupation:...................................................................................................
8. Current position:...................................................................................
9. Work history (details about occupations, positions, past positions, work results at each position):
Time (May) | Place work | Position/ Job position | Describe job |
From.../... to.../... |
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From.../... to.../... |
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I hereby pledge the accuracy, truthfulness and take full responsibility before the law for the above information.
| DECLARANT (Sign, full name) |
Form No. 07. License to provide crypto asset trading market organization services
MINISTRY OF FINANCE
Number: /GP-BTC | SOCIALIST REPUBLIC OF VIETNAM Independence - Freedom - Happiness
Hanoi, day … month … year … |
LICENSE
Providing services for organizing the crypto asset trading market
MINISTER OF FINANCE
Pursuant to the Resolution on pilot implementation of the crypto asset market in Vietnam No. ........./2025/NQ-CP dated ...... month ....... 2025;
Consider the application for a license to provide services for organizing a crypto asset trading market dated ... month ... year ... and the application for a license to provide services for organizing a crypto asset trading market of [name of organization providing crypto asset services];
At the request of the Chairman of the State Securities Commission.
DECISION:
Article 1. Grant of License to provide crypto asset trading market organization services to:
COMPANY........................................................................................
- English name: ..............................................................................
- Abbreviated name: .........................................................................................................
- Head office address: ................................................................................
- Phone: ............................. Website:................................................................
- Business registration certificate ......... number ..... issued by ...... date .... month ...... year ......;
- Charter capital: ................................. (................................even dong)
Article 2. The company ...... is allowed to perform the following services and activities:
1. Organize the crypto asset trading market
2. Self-trading of crypto assets
3. Custody of cryptographic assets
4. Provide a platform for issuing crypto assets
Article 3. During its operation, the Company ............. must comply with Vietnamese law on cryptoassets and cryptoassets market, other relevant legal documents and the Company's Charter.
Article 4. This license takes effect from date ... month ... year ...
Article 5. This License is made in five (05) original copies; one (01) copy issued to the company…..; One (01) copy is kept at the Ministry of Finance; One (01) copy sent to the Ministry of Public Security; One (01) copy sent to the State Bank of Vietnam; One (01) copy registered at the State Securities Commission./.
| TL. MINISTER CHAIRMAN OF THE STATE SECURITIES COMMISSION (Sign, print full name and stamp) |
Form No. 08. Application for adjustment and revocation of license to provide services for organizing crypto-asset trading market
NAME OF THE ORGANIZATION PROVIDING CRYPTOGRAPHY ASSETS SERVICES | SOCIALIST REPUBLIC OF VIETNAM Independence - Freedom - Happiness |
| ...., day... month... year... |
PROPOSAL PAPER
ADJUSTMENT AND REVOKING OF LICENSES
PROVIDING TRADING MARKET ORGANIZATION SERVICES
CRYPTO ASSETS
To: Ministry of Finance
We are:
- Name of the organization providing crypto asset services (full and official name of the company written in capital letters)
- License to provide services for organizing digital asset trading markets:……………….issued by the Ministry of Finance on …….month …….year……
Propose that the Ministry of Finance approve the Company to adjust and revoke the License to provide services to organize the crypto-asset trading market as follows:
I. Proposal to adjust the License to provide crypto asset trading market organization services
1. In case of changing company name, head office address, charter capital (changed information must be consistent with the adjusted Business Registration Certificate):
a. In case of change of company name
- Old name:
+ Full name in Vietnamese (written in capital letters):…………………………
+ Full name in English: ……………………………………………..
+ Abbreviated name: ………………………………………………………………
- New name:
+ Full name in Vietnamese (written in capital letters):…………………………
+ Full name in English: ……………………………………………..
+ Abbreviated name: ………………………………………………………………
- Reason for change: …………………………………………………………...
b. In case of change of head office address
- Old address: ………………………………………………………………...
- New address: ………………………………………………………………
- Reason for change: …………………………………………………………...
c. In case of changing the charter capital (increasing or decreasing the charter capital) of the company
- Charter capital before change:.………………………………………….
- Company charter capital after change: ……………………………………
- Reason for change: …………………………………………………………...
2. In case of changing the legal representative without changing the title
- Former legal representative:
+ Full name:……………………………..………………………………….
+ Personal identification number1/Passport number2:…………………………………….
+ Date, month, year of birth:…………………………………………………..
+ Position:……………………………………………………………….
- New legal representative:
+ Full name:……………………………..………………………………….
+ Personal identification number1/Passport number2:…………………………………….
+ Date, month, year of birth:…………………………………………………..
+ Position:……………………………………………………………….
- Reason for change:………………………………………………………………
3. In case of changing information or title of the legal representative
- Full name:……………………………..………………………………….
- Personal identification number1/Passport number2:…………………………………….
- Date, month, year of birth:…………………………………………………..
- Changed information (changed information must be consistent with the adjusted Business Registration Certificate):…………………………………………
- Reason for change:…………………………………………………………..
II. Request to revoke the License to provide services for organizing a crypto asset trading market
Reason for request for withdrawal:…………………………………………………….
We commit to take full responsibility before the law for the accuracy and truthfulness of the above information and accompanying documents.
Attached documents: (Full list for each case) | NAME OF REGISTERED ORGANIZATION (Legal representative) (Sign, print full name and stamp) |
Form No. 09. Summary of revenue and expenditure situation on specialized accounts related to purchases and sales of crypto assets of foreign investors in Vietnam
NAME OF BANK, FOREIGN BANK BRANCH | SOCIALIST REPUBLIC OF VIETNAM Independence - Freedom - Happiness |
| ...., day... month... year... |
SYNTHESIS OF INCOME AND EXPENDITURE SITUATION ON SPECIALIZED ACCOUNTS
RELATED TO BUYING AND SELLING CRYPTOCATED ASSETS IN VIETNAM
OF FOREIGN INVESTORS
(Quarter … year … )
Dear: | - Ministry of Public Security; - Ministry of Finance (State Securities Commission); - State Bank of Vietnam (Foreign Exchange Management Department, Money Laundering Prevention Department). | |||
| Indicators |
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A | Open a specialized account to trade crypto assets | Quantity (account) | Cumulative (account) | |
| Number of specialized accounts opened during the period |
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B | Situation of transactions on specialized accounts during the period | Amount generated (million VND) | Cumulative number (million VND) | |
1 | Total revenue: |
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a | Transfer proceeds from foreign currency sales to licensed banks; | … | … | |
b | Collect money transfers from payment accounts in Vietnam Dong of foreign investors opened at licensed banks; | … | … | |
c | Revenue from selling crypto assets according to the provisions of this Resolution; | … | … | |
d | Collection of balance transfer in case of changing specialized accounts according to the provisions of Clause 5, Article 13 of this Resolution; | … | … | |
D | Collect interest from the balance on the account according to the provisions of law. | … | … | |
2 | Total expenses: |
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a | Expenditures to purchase crypto assets according to the provisions of this Resolution; | … | … | |
b | Expenditures to transfer to payment accounts in Vietnam Dong of foreign investors opened at licensed banks; | … | … | |
c | Spending on purchasing foreign currency at authorized banks to transfer money from legal revenue sources specified in this Article abroad; | … | … | |
d | Expenses for transferring the balance to a new specialized account according to the provisions of Clause 5, Article 13 of this Resolution; | … | … | |
D | Payment of service fees related to account management and money transfer transactions via accounts according to regulations of authorized banks | … | … | |
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Schedule maker (Sign and print full name) | Authorized representative of the bank, (Sign and print full name) | |||
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[1] For Vietnamese citizens, people of Vietnamese origin whose nationality is unknown and living in Vietnam, or foreigners who have been issued personal identification numbers.
[2] For foreigners who have not yet been issued personal identification numbers.
Updated on September 11, 2025
Source: https://laichau.gov.vn/tin-tuc-su-kien/chuyen-de/tin-trong-nuoc/toan-van-nghi-quyet-so-05-2025-nq-cp-ve-trien-khai-thi-diem-thi-truong-tai-san-ma-hoa-tai-viet-nam.html
![[Photo] Prime Minister Pham Minh Chinh receives Secretary of Shandong Provincial Party Committee (China) Lin Yu](https://vphoto.vietnam.vn/thumb/1200x675/vietnam/resource/IMAGE/2025/9/26/821396f0570549d39f33cb93b2e1eaee)
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