NFTs in Vietnam
NFTs are not specifically banned in Vietnam, and buying, holding, and creating them is not prohibited. The Law on Digital Technology Industry, in force since 1 January 2026, recognises crypto assets as property, but it does not set dedicated rules for NFTs or the marketplaces that trade them. Using crypto as a means of payment remains prohibited, the tax treatment of NFT sales is still in draft, and intellectual property questions can be complex. Because the detailed position is developing, we mark NFTs unclear and recommend confirming the current rules before relying on them.
Are NFTs legal in Vietnam
There is no statute in Vietnam that specifically bans non fungible tokens, and Vietnamese artists and studios have been active in the global NFT market for years. The Law on Digital Technology Industry, in force from 1 January 2026, recognises digital assets, including crypto assets, as property, which gives the broad category a clearer legal footing as of 2026. Whether a particular NFT is treated as a crypto asset, a record of ownership of an underlying item, or something else depends on how it is structured, and the law does not yet draw those lines in detail for NFTs specifically. The honest summary is that NFTs are not prohibited but are not specifically regulated either, so their detailed legal status is unclear pending further guidance.
Payment, intellectual property, and consumer issues
Two points matter for anyone trading NFTs in Vietnam. The first is the payment rule. The State Bank of Vietnam (SBV) does not recognise crypto as a lawful means of payment, and the Vietnamese dong is the only legal tender, under Decree No. 52/2024/ND-CP, as of 2026. Buying and selling NFTs as assets is distinct from using crypto to pay for everyday goods, but the tokens commonly used to settle NFT trades are still caught by the payment restriction when used as money. The second point is that minting an NFT does not by itself transfer copyright in the underlying work, and ordinary intellectual property, contract, and consumer protection law continues to apply. Disputes over authenticity, royalties, and ownership are governed by general law rather than by an NFT specific regime.
Tax and marketplaces
There is no dedicated crypto tax in force in Vietnam as of May 2026, and the Ministry of Finance has published only a draft framework, which proposes a 0.1 percent levy on crypto transfers and is not enacted. How NFT sales, creator royalties, and trading profits would be treated under that framework is not settled, and general income and business tax rules can apply depending on whether the activity is run as a business. Tax is administered by the General Department of Taxation under the Ministry of Finance. On marketplaces, no domestically licensed exchange is operating yet, and the pilot under Resolution No. 05/2025/NQ-CP focuses on crypto asset exchanges rather than on NFT platforms, so most NFT activity happens on international marketplaces that are not locally licensed. Keep clear records and confirm your position before relying on any treatment. This is general information, not tax advice.
Compare exchanges accessible in Vietnam
If you need to convert between crypto and dong to fund NFT activity, see which platforms Vietnamese residents can access today and their transitional status. Availability and the legal position can change quickly.
Compare available exchangesRegulator and sources
- Law on Digital Technology Industry, in force 1 January 2026, recognising crypto assets as property but without dedicated NFT rules
- State Bank of Vietnam (SBV), sbv.gov.vn, on crypto not being a lawful means of payment, with Decree No. 52/2024/ND-CP
- Ministry of Finance (MOF), mof.gov.vn, and Resolution No. 05/2025/NQ-CP of 9 September 2025 on the crypto asset market pilot, which centres on exchanges rather than NFT platforms
- General Department of Taxation, under the Ministry of Finance, for the tax treatment of NFT sales as the framework is finalised
Frequently asked questions
Are NFTs legal in Vietnam?
There is no specific ban on NFTs in Vietnam, and buying, holding, and creating them is not prohibited. The Law on Digital Technology Industry recognises crypto assets as property since 1 January 2026, but it does not set dedicated NFT rules, so the detailed position is developing and we mark it unclear.
Can I pay with an NFT in Vietnam?
Using crypto, including the tokens used to buy NFTs, as a means of payment is not permitted, because the State Bank of Vietnam does not recognise crypto as lawful payment. The Vietnamese dong is the only legal tender, so trading NFTs is distinct from using crypto to pay for everyday goods and services.
Are NFT sales taxed in Vietnam?
There is no dedicated crypto tax in force as of May 2026. The Ministry of Finance has published only a draft framework, and how NFT sales would be treated is not yet settled. General income and business tax rules can apply depending on the facts, so keep records and confirm with the General Department of Taxation.
Is creating and selling NFT art legal in Vietnam?
Creating digital art and minting it as an NFT is not specifically prohibited, and Vietnamese artists have taken part in the NFT market. The activity sits within the general digital asset framework rather than under dedicated rules, and intellectual property and contract law still apply, so confirm your position before relying on it.
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