[Vietnam Plans to Tax Cryptocurrency Transactions at a Rate of 0.1%] The Vietnamese Ministry of Finance has proposed taxing cryptocurrency transfer transactions conducted through licensed service providers at a rate of 0.1%, consistent with the current stock trading tax rate. Individual investors will be required to pay a tax fee of 0.1% based on the transaction value, while institutional investors will need to pay a corporate income tax of 20% on profits earned from cryptocurrency transfers, calculated after deducting purchase costs and related expenses. Cryptocurrency transfers and transactions will be exempt from value-added tax. The draft defines cryptocurrency assets as digital assets issued, stored, and transmitted using cryptographic or similar technologies. It also proposes setting the statutory capital threshold for establishing digital asset exchanges at 10 trillion Vietnamese dong (approximately $408 million), with a maximum foreign ownership limit of 49%.