Vietnam passes Digital Technology Industry Law...formalizing ”legal status of crypto assets”

Vietnam has legalized crypto assets and passed a comprehensive digital technology industry law that includes incentives for artificial intelligence (AI), semiconductors, and digital infrastructure.
On the 14th, the Vietnamese National Assembly passed the Law on Digital Technology Industry.
The law will come into effect on January 1, 2026, and will officially include crypto assets in the regulatory framework.
Local media commented that the enactment of this law has laid the institutional foundation for Vietnam to leap forward as a digital innovation nation. The law defines digital assets as "virtual assets."
The United States will classify crypto assets into “crypto assets” and “crypto assets.” Both types of assets are transferred and verified using encryption and digital technology, but the same can be said about securities and digital legal instruments.
The government will provide specific business conditions, classification criteria and supervision mechanisms for these asset types in the future.
The bill also mandates that cybersecurity and anti-money laundering (AML) provisions be brought into line with international standards and will be amended by 2023.
This is interpreted as a measure to restore Vietnam's status on the Global Anti-Money Laundering Task Force (FATF) watchlist (grey list).
This legislation does not just deal with crypto assets, but also includes comprehensive support measures for the AI, semiconductor, and digital infrastructure sectors.
Companies engaged in related industries will be offered tax incentives, land use rights, and research and development (R&D) support, with priority being given to companies developing core technologies such as semiconductor design and AI data centers.
Local governments will be encouraged to provide subsidies and support vocational training programs to develop digital talent, and national education policies will also reflect strengthening digital skills.
The Vietnamese government described this law as "the world's first legislative example of an independent law specifically aimed at the digital technology industry," demonstrating its determination to undergo digital transformation at the national level.