Do Vietnamese Exchanges Charge Platform Fees in Addition to the 0.1% Transaction Tax?

Yes. Platform fees and the 0.1% national withholding tax are completely independent of each other. When trading on a licensed crypto exchange in Vietnam, investors must bear two distinct types of costs:

1. 0.1% National Withholding Tax (Statutory Tax)

According to the tax implementation guidelines under Decree No. 05/2025/NQ-CP and the Ministry of Finance of Vietnam:

  • Nature: A personal income tax (PIT) on asset transfers.

  • Collection Rule: A mandatory 0.1% withholding calculated on the total gross sale/transfer amount, modeled after Vietnam’s stock transaction tax.

  • Collection Method: Withheld and remitted directly to the national treasury by the licensed exchange (CASP) at the time of order matching and settlement.

2. Exchange Platform Service Fees (Commercial Fees)

As commercial operating entities, exchanges independently set and charge the following service fees:

  • Spot Trading Fees:

    • Charged on both Maker and Taker orders.

    • Given that licensed exchanges face substantial capital costs to meet the 10 trillion VND (~$380 million USD) paid-in capital requirement, alongside compliance infrastructure overhead, initial baseline trading fees are projected at 0.1% – 0.3%.

  • Fiat (VND) Deposit & Withdrawal Fees:

    • Payment gateway and processing fees charged by partner commercial banks or third-party payment gateways when transferring VND via bank transfers or VietQR.

  • On-Chain Withdrawal Fees (Network / Gas Fees):

    • Blockchain transaction processing fees charged by the platform when withdrawing crypto assets to external self-custody wallets or transferring to other addresses.

  • Compliance Custody Fees:

    • Regulations require licensed exchanges to implement cold/hot wallet isolation custody systems meeting national security standards; some platforms may charge a minor custody fee for institutional accounts or long-term high-value asset storage.

Example of Actual Transaction Costs (Sell Scenario)

Assuming a sale of crypto assets worth 10,000,000 VND, with the exchange trading fee set at 0.15%:(Vietnam crypto exchange)

Expense Item Recipient Rate / Amount Settlement Method
National Personal Income Tax General Department of Taxation (Vietnam) 0.1% (10,000 VND) Automatically withheld by the platform
Platform Trading Fee Licensed Exchange 0.15% (15,000 VND) Automatically deducted by the platform
Total Combined Cost — 0.25% (25,000 VND) Net payout received: 9,975,000 VND

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