Vietnam Law & Legal Forum Magazine is your gateway to the law of Vietnam

Official Gazette

Thursday, November 21, 2019
Tags: bourses
Legal grounds for overseas listing to become more favorable Legal grounds for overseas listing to become more favorable
A representative of the State Securities Commission has affirmed that the legal grounds for Vietnamese businesses to list their stocks on foreign stock exchanges were fairly complete.
Securities Law to be revised this year Securities Law to be revised this year
In 2017 the State Securities Commission will focus on formulating a revised Securities Law along with further completing the legal framework on securities in tune with international practices.
Trading registration by unlisted public companies guided Trading registration by unlisted public companies guided
Before listing on the HCM City or Hanoi Stock Exchange, SOEs that conducted initial public offerrings (IPOs) before November 1, 2014, must trade on the UPCoM within one year.
State businesses get go-ahead for non-core divestment under par value State businesses get go-ahead for non-core divestment under par value
The Prime Minister on March 12 issued Directive No. 06/CT-TTg requesting ministries and local administrations as well as state business groups and corporations to put every effort in stepping up the restructuring of state-owned enterprises.
Bourses set to merge into sole national exchange Bourses set to merge into sole national exchange
The State Securities Commission (SSC) is expected to submit to the Government a plan to merge the two stock exchanges into a single entity: the Vietnam Stock Exchange (VSE).
Heftier penalties on securities violators Heftier penalties on securities violators
The maximum fines applicable to individual and institutional violators of regulations on securities and the securities market will respectively be VND 1 and 2 billion, according to recently promulgated Decree No. 108/2013/ND-CP on sanctioning of administrative violations in the securities sector.
Policy digest February-March 2013 Policy digest February-March 2013
Vietnam’s foreign investment authorities have recently realized the necessity to tighten monitoring of foreign-invested projects in the country, alongside with pre-licensing evaluation, in order to identify difficulties facing foreign investors and give them the right support and know exactly whether these projects deserve incentives or not.
New regulations on securities investment New regulations on securities investment
In order to create a more equal and transparent legal framework for the securities sector, thus facilitating operations of securities firms while better protecting investors’ interests, the Government on July 20 issued Decree No. 58/2012/ND-CP (the Decree) to guide the 2006 Securities Law and its 2010 amendments, in replacement of Decree No. 14 of 2007, Decree No. 84 of 2010, and Decree No. 01 of 2010.
Policy digest March 2012 Policy digest March 2012
Experts have recently expressed their concern about low efficiency and environmental impacts of the mining industry as well as mineral waste and smuggling, attributing them primarily to poor exploration and mining planning and especially abundant unspecific regulations which fail to properly regulate the booming growth of the industry.
Revised Law on Securities Revised Law on Securities
The Law Revising a Number of Articles of the 2006 Law on Securities (the Law) was passed last November and will take effect in July.

Video

Vietnam Law & Legal Forum