Tax on selling listed securities
0.1% of the transfer price per transaction, withheld by the broker. From 1 July 2026 derivatives are also taxed at 0.1% per transfer.
PIT Law 109/2025/QH15 · Decree 320/2025/ND-CPGovernment News, 27 Mar 2026 →📅 ✔ Documents checked 13 Sep 2026
Vietnam stock & crypto regulations, 2026
The rules individual investors actually need: tax, fees, margin limits, settlement cycle and the crypto exchange pilot. Each item links to the original document or an official source. Source pages are in Vietnamese.
Quick answer
Share sales are taxed at 0.1% of the sale value; cash dividends at 5%; custody costs VND 0.27 per share per month; margin lending is capped at 50% of value; sale proceeds arrive before 13:00 on T+2. For crypto, Resolution 05/2025/NQ-CP of 9 September 2025 authorises a pilot market; the Ministry of Finance has accepted applications since 20 January 2026, five were found complete, and first activity is expected from Q3 2026.
Stocks: five numbers to remember
Apply at every broker in Vietnam.
0.1%tax on every share saleof sale value, withheld by the broker
5%tax on cash dividendswithheld at source
VND 0.27custody / share / monthCircular 101/2021/TT-BTC
50%minimum initial marginmaintenance at least 30%
T+2sale proceeds arrivebefore 13:00, tradable that afternoon
Selling VND 100 million of stock: what do you pay?
The 0.1% tax is the same everywhere; the difference is the online trading fee (exchange levy included; DNSE passes the 0.027% levy through separately). Custody of VND 0.27/share/month not included.
Income tax 0.1%Online trading fee
View as table
| Broker | Tax | Broker fee | Total |
|---|---|---|---|
| TCBS | VND 100,000 | VND 30,000 (0.03%) | VND 130,000 |
| DNSE | VND 100,000 | VND 27,000 (0% + 0.027% levy) | VND 127,000 |
| MBS | VND 100,000 | VND 80,000 (0.08%) | VND 180,000 |
| SSI | VND 100,000 | VND 150,000 (0.15%) | VND 250,000 |
| VPS | VND 100,000 | VND 200,000 (0.20%) | VND 300,000 |
Margin: how much can you borrow?
Decision 87/QD-UBCK: initial margin at least 50%, maintenance at least 30%. Below 30% triggers a margin call.
30% maintenance50% initial margin
T+2 settlement: when does the money arrive?
Since 29 Aug 2022 under Decisions 109/QD-VSD and 110/QD-VSD. A T+1 roadmap is under study by VSDC.
TSale daySell order matched0.1% tax and fees withheld immediately.
T+1Next working dayPending settlementCash advance available at 12.5–14.5% p.a.
T+2Before 13:00Cash arrivesTrade again in the afternoon session.
Rules in detail, with sources
Tax on cash dividends
5% on investment income, withheld at source when the company pays.
Personal Income Tax LawLuatVietnam →Custody fee
VND 0.27 per share, fund certificate or warrant per month; VND 0.18 per corporate bond (cap VND 2 m); VND 0.14 per debt instrument (cap VND 1.4 m). VSDC rate; MBS charges 0.3.
Circular 101/2021/TT-BTC, effective 1 Jan 2022Full text →Mandatory derivatives charges
Exchange fee VND 2,700 per index futures contract and VSDC clearing VND 2,550 per contract per side, plus the broker’s own fee.
HNX · VSDC fee schedulesExample: DNSE schedule →Margin trading
Initial margin at least 50%, maintenance at least 30%, only on stocks in the eligible list published by the exchanges.
Decision 87/QD-UBCK (2017)LawNet →Account opening
Electronic ID (eKYC) with a chip citizen ID or VNeID. One cash account per broker per ID, but accounts at several brokers are allowed.
SSC regulationsBroker-by-broker guide →Crypto assets: legal framework and pilot timeline
Vietnam is running a controlled pilot under Resolution 05/2025/NQ-CP.
20%corporate tax on domestic exchanges
0.1%tax on foreign individuals, withheld
5 / 7applications found complete
Q3 2026expected first activity
✓9 Sep 2025Resolution 05/2025/NQ-CPGovernment authorises the pilot.
✓20 Jan 2026Applications open7 companies apply.
3May 2026 · now5 complete applicationsUnder review.
4Q3 2026Expected launchControlled pilot.
Founding document
Resolution 05/2025/NQ-CP of 9 Sep 2025 on piloting a crypto asset market. Crypto assets are a class of digital assets under the Digital Technology Industry Law; Vietnam does not recognise them as a means of payment.
GovernmentFull text →Requirements for exchanges
Adequate capital and staff, cybersecurity, mandatory KYC, AML to FATF standards, segregation of client assets from the exchange’s own.
Ministry of FinanceGovernment News →Tax
Vietnamese organisations: 20% corporate income tax. Foreign individuals: 0.1%, withheld by the exchange. Vietnamese individuals: pending official rules.
Pilot frameworkTheLEADER →5 complete applications
VIXEX (VIX, VND 1,000 bn), Vietnam Digital Assets JSC (VND 1,000 bn), TCEX (Techcombank, VND 101 bn), CAEX (VPBank, VND 25 bn), SCEX (VND 6.8 bn).
Ministry of Finance, May 2026See each exchange →Frequently asked questions
How much tax do you pay when selling shares in Vietnam?
Individuals pay 0.1% personal income tax on the sale value of each listed-securities transaction, withheld automatically by the broker, under Personal Income Tax Law 109/2025/QH15 and Decree 320/2025/ND-CP. From 1 July 2026 derivatives transfers are also taxed at 0.1% per transaction.
What is the securities custody fee in Vietnam?
VND 0.27 per share, fund certificate or covered warrant per month, and VND 0.18 per corporate bond per month capped at VND 2 million, under Circular 101/2021/TT-BTC effective 1 January 2022.
Are crypto exchanges legal in Vietnam?
Vietnam is piloting a regulated crypto asset market under Government Resolution 05/2025/NQ-CP of 9 September 2025. The Ministry of Finance began accepting licence applications on 20 January 2026; five applications were found complete (VIXEX, Vietnam Digital Assets JSC, CAEX, SCEX and TCEX) and first activity is expected from Q3 2026.
When does money from a share sale arrive in Vietnam?
Settlement is T+2 since 29 August 2022: cash and securities arrive before 13:00 on T+2, so investors can trade again in that afternoon session. A move to T+1 is under study by VSDC.
Note: this is a summary for reference and does not replace the legal texts. Check the original documents before making decisions.