Vietnam Authorizes Law Legalizing Digital Assets and Advancing Semiconductor Industry

Vietnam’s new law defines and regulates crypto and virtual possessions while omitting fiat and securities. The law offers investment and tax incentives for AI, semiconductor, and digital technology enterprises. New rules include FATF-aligned measures to resolve cybersecurity and anti-money laundering risks.

Vietnam’s National Assembly passed a brand-new law on Saturday legalizing digital possessions and developing regulations for the digital tech sector. The law, under the name the Law on Digital Technology Market, introduces a regulatory structure that governs the usage and categorizes of digital assets and sets priorities for innovation in fields like artificial intelligence and semiconductors.

Clear Classification of Digital Assets

Under the new legislation, digital assets are divided into two categories: virtual assets and crypto assets. Virtual assets are used for exchange or investment and do not include securities, digital fiat currencies, or other financial products already defined under financial or civil law.

Sam Boolman | Crypto Enthusiast and Writer

Sam Boolman is a contributing writer at ChainIntel.org with a long-standing interest in cryptocurrency, blockchain technology, and emerging financial trends. A self-directed trader who actively invests his own capital, Sam follows the markets closely and brings a hands-on perspective to the fast-paced world of crypto journalism. With a background in business and digital media, Sam has written across a variety of sectors including tech, startups, and online finance. His curiosity and enthusiasm for the evolving digital economy fuel his exploration of Web3, decentralised finance, and market developments. Sam is passionate about making complex topics more accessible to everyday readers and continues to expand his knowledge through research, trading experience, and industry engagement.

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