🇻🇳 Vietnam Moves Toward State-Backed Crypto Exchange Launch in Q3 2026

Vietnam is preparing to formally enter the regulated digital asset era, with plans to launch a government-supervised cryptocurrency market as early as Q3 2026. The initiative marks one of the most significant steps yet by a Southeast Asian nation toward integrating crypto assets into a national financial framework.

According to statements attributed to Vietnam’s Deputy Finance Minister Nguyen Duc Chi at a recent financial policy forum in Hanoi, the country is actively working on establishing a controlled trading environment for digital assets under state oversight. The goal is to shift trading activity away from foreign platforms and into a domestically regulated infrastructure.

As part of the rollout, Vietnamese authorities have already shortlisted five companies that passed an initial qualification round to operate licensed crypto exchanges. These entities are reportedly linked to major domestic financial institutions and conglomerates, including affiliates of Techcombank, VPBank, LPBank, VIX Securities, and Sun Group. The selection process is part of a broader pilot framework designed to test regulatory, tax, and compliance systems before full market deployment.

The planned system is also aligned with Vietnam’s wider policy direction to strengthen capital controls and formalize digital asset trading, which has until now largely taken place on offshore exchanges. Officials aim to improve transparency, enforce AML/KYC standards, and retain transaction flows within the domestic financial ecosystem.

Vietnam is currently one of the most active crypto markets globally, ranking among the top countries in adoption and trading volume, despite the absence of a fully legalized framework. The upcoming regulatory shift could therefore reshape not only domestic trading behavior but also Vietnam’s position in the global digital asset landscape.

If implemented as planned, the Q3 2026 launch would place Vietnam among the first countries in the region to operate a fully state-approved crypto exchange system rather than relying on external platforms.

Sources:

• Reuters: Vietnam firms vie for crypto licences as Hanoi plans ban on overseas trading
• Vietnam eyes official launch of crypto asset market in Q3 2026

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