All / Vietnam
Vietnam
The three verdicts below apply to promoting platforms to people living in Vietnam. This is a directional summary, not legal advice.
Crypto exchange
Do not
Decree 284/2026/ND-CP (in force 1 Sep 2026) fines VND 180–200m for providing, advertising or marketing unlicensed crypto-asset services. Users trading on unlicensed platforms face VND 30–50m. Resolution 05/2025/NQ-CP opens a pilot but only for Vietnamese entities licensed by the Ministry of Finance with VND 10,000bn charter capital.
US stock broker
Conditional
No direct prohibition found on referring foreign stock brokers. Not fully verified — needs Vietnamese counsel before operating.
Forex / CFD
Do not
No retail forex licensing route exists. Individual FX trading outside licensed credit institutions breaches the Ordinance on Foreign Exchange; the MOF and State Bank have repeatedly warned that forex platforms are illegal.