| Administrator(s) | Asian Cricket Council |
|---|---|
| Cricket format | 50 overs per side |
| Tournament format(s) | Round robin with knockouts |
| Host(s) |  Nepal |
| Champions |  Bangladesh (2nd title) |
| Participants | 10 teams |
| Matches | 23/23 |
| Player of the series | Aminul Islam |
| Most runs |  Saeed-al-Saffar (236) |
| Most wickets | Aminul Islam (14) |
The 1998 ACC Trophy was a cricket tournament in Nepal, taking place from 3 October to 13 October 1998. It gave Associate and Affiliate members of the Asian Cricket Council experience of international one-day cricket and also helped form an essential part of regional rankings. The tournament was won by Bangladesh who defeated Malaysia in the final by 8 wickets. This would be Bangladesh's final ACC Trophy title prior to their elevation to Test status in 2000.