Does an NFT truly protect a work from being copied?

Not entirely. An NFT proves ownership of the token itself, but others can still download and copy the digital file. The advantage of an NFT is creating proof of original authorship and ownership of the original — not preventing physical copying. Traditional copyright registration is still needed alongside for full legal protection.

Are 10% royalties truly paid automatically?

It depends on the platform. Since 2022, OpenSea has made royalties optional (buyers can avoid paying by transferring the NFT through other channels). Foundation and Magic Eden still enforce royalties strictly. I recommend Vietnamese artists prioritize Foundation or Magic Eden to ensure royalty payments.

Is minting an NFT taxable in Vietnam?

No specific regulations exist currently. When Circular 32/2026/TT-BTC takes effect in 2027, the act of minting itself won't generate tax (it's asset creation), but selling an NFT will generate a taxable profit/loss subject to 20% income tax.

Which blockchain is best for Vietnamese artists?

Polygon is the top choice for beginners — extremely low gas fees ($0.01), compatible with Ethereum, and supported by many platforms. Solana is also good if you're targeting Magic Eden. Avoid Ethereum mainnet unless you're already established and aiming for high-end collectors.

Can Vietnamese people sell NFTs to international collectors?

Absolutely. This is one of the biggest advantages of NFTs — no geographical barriers. Collectors in the US, Europe, Japan, and South Korea can all buy your NFT if they find it compelling. Payment is received in ETH or USDC, which can be converted to VND via P2P.

NFT & IP Rights in Vietnam 2026: Opportunities for Artists

NFT and Intellectual Property Rights in Vietnam 2026: Opportunities for Artists, Brands, and Creators

Cập nhật: 8 tháng 5, 2026

As a Vietnamese digital artist, musician, or creator, copyright issues have always been a long-standing pain — works are easily copied, ownership is hard to prove, and collecting royalties from repeated usage is nearly impossible. NFTs (Non-Fungible Tokens — unique digital assets) offer an intriguing technological solution to these problems: creating unforgeable proof of ownership on the blockchain, automating royalty payments for every resale, and opening up global markets without intermediaries.