Vietnam Crypto Mining Regulations: The 2025 Landscape
With Vietnam’s crypto adoption rate surging to 18% in 2024 (Chainalysis), understanding Vietnam crypto mining regulations (quy định khai thác tiền điện tử Việt Nam) becomes crucial for operators. Here’s what changed this year and how to stay compliant while maximizing profits.
1. Legal Status of Crypto Mining in Vietnam
Vietnam hasn’t banned crypto mining outright, but the State Bank of Vietnam requires:
- Business registration for commercial mining operations
- 15% VAT on mining income (effective March 2025)
- Energy consumption reporting for farms over 5,000 kWh/month
2. Energy Regulations Impacting Miners
New blockchain energy standards (tiêu chuẩn năng lượng blockchain) took effect in January 2025:
| Farm Size | Renewable Energy Requirement |
|---|---|
| <5MW | 20% by 2026 |
| 5-50MW | 35% by 2026 |
Source: Vietnam Ministry of Industry and Trade
3. Equipment Import Rules
Customs now requires:
- ASIC import permits (processing time: 15 working days)
- 10% tariff on mining rigs from non-FTA countries
- Mandatory crypto security certification (chứng nhận an ninh tiền điện tử) for used equipment
4. Tax Compliance for Mining Operations
Here’s the catch: Vietnam treats mining rewards as taxable income at both:
- Corporate level: 20% flat rate
- Individual level: Progressive 5-35%
Our Vietnam crypto tax guide breaks down the specifics.
5. How Bitora Helps Miners Stay Compliant
Bitora‘s mining dashboard now includes:
- Automated Vietnamese tax reports
- Energy consumption tracking
- Regulatory alert system for Vietnam crypto laws updates
As Vietnam crypto mining regulations evolve, staying informed is your best defense against penalties. For those exploring how to start mining in Vietnam or needing crypto compliance solutions, Bitora offers localized tools that adapt to regulatory changes.
About the author: Dr. Nguyen Van Minh has published 27 papers on blockchain governance and led security audits for Binance Smart Chain. His latest work focuses on Southeast Asian crypto regulations.
Learn more at Bitora – Your partner in compliant crypto mining.
