Vietnam is targeting its first crypto-asset service provider licences in 2026, moving beyond its pilot approach toward a formal authorization regime for businesses such as exchanges, custodians and brokers. The timetable remains a target rather than a confirmed issuance schedule, and no official documentation has publicly set application procedures, eligibility rules, capital thresholds, covered activities or compliance standards. Earlier reporting linked the pilot framework to Government Resolution 05/2025/NQ-CP and the State Securities Commission of Vietnam, which has emphasized risk management, investor-asset protection and anti-money-laundering controls. Deputy Finance Minister Nguyen Duc Chi also discussed supervisory cooperation with Austria’s Financial Market Authority Executive Director Mariana Kuhnel in Vienna on September 15, 2026. New reporting describes the Austria engagement as expanded cooperation but does not confirm its precise scope or cite a formal agreement. Austria’s FMA participates in European crypto regulatory discussions under the Markets in Crypto-Assets framework, which took full effect in 2024.