At the Ministry of Finance’s Q3/2025 Regular Press Conference held on October 3rd, a representative from the State Securities Commission (SSC) announced that on September 9th, 2025, the Government issued Resolution No. 05 on the pilot implementation of the digital asset market in Vietnam. The pilot program is being conducted under the principles of caution, transparency, and control, ensuring the rights and safety of organizations and individuals participating in the digital asset market.
Based on this, the SSC is drafting guidelines for licensing digital asset service providers, including criteria, procedures, and licensing conditions. However, as of now, the SSC has not received any formal registration applications from businesses.
Deputy Minister of Finance Nguyen Duc Chi
Regarding this matter, Deputy Minister of Finance Nguyen Duc Chi stated that following the issuance of Resolution No. 05, the Ministry of Finance has swiftly developed an implementation plan, encompassing tasks related to legal frameworks, tax policies, tax payment procedures, accounting systems, and more. This plan has been assigned to specific functional units for execution.
“To date, no businesses have submitted formal registration applications. However, several companies have expressed interest and engaged in preliminary technical discussions with regulatory authorities to accurately understand the requirements and conditions, thereby preparing to submit formal proposals. The Ministry of Finance will continue to monitor and collaborate with the State Bank and relevant agencies to promptly issue detailed regulations, facilitating businesses in submitting official proposals,” said Deputy Minister Nguyen Duc Chi.
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