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Official Gazette

Sunday, April 21, 2019
Tags: securities market
Intl accounting rules compulsory after 2025: draft Int’l accounting rules compulsory after 2025: draft
The adoption of International Financial Reporting Standards (IFRS) will be compulsory for State-owned enterprises (SOEs), listed companies and large-scale unlisted public companies after 2025, according to a draft project the Ministry of Finance recently made public for comments.
New circular on securities-related service prices New circular on securities-related service prices
The Ministry of Finance has issued new securities-related service regulations for trading organizations and commercial banks doing business in Vietnam’s securities market.
Draft Securities Law proposes expanding foreign holding cap Draft Securities Law proposes expanding foreign holding cap
The Ministry of Finance has recently held a series of conferences to collect opinions from legal experts and stakeholders on the draft Securities Law, focusing on such issues as conditions for acquiring public company status and foreign holding cap in public companies, public offering and private placement of stocks and bonds, powers of the State Securities Commission, and organizational and operational model of Stock Exchanges.
Official Gazette issues Nos 78-81/2018 coming out on October 8 2018 Official Gazette issues Nos 78-81/2018, coming out on October 8, 2018
Pay radio and television enterprises to be equitized Pay radio and television enterprises to be equitized
From now to 2020, state-owned pay radio and television service enterprises would be equitized and listed on the securities market, according to a draft decree revising Decree 06 of 2016 on management, provision and use of radio and television services.
Personal liability and corporate liability under new Penal Code Personal liability and corporate liability under new Penal Code
On June 20, 2017, the National Assembly passed the revised Penal Code. It became effective on January 1, 2018. Several significant changes have occurred. Several acts, previously criminal, are no longer punishable. On the other hand, several previously innocent acts have been criminalized. One very large change is that an enterprise-not just an individual-may now be guilty of a crime1.
Nine solutions for a sustainable securities market Nine solutions for a sustainable securities market
Since its founding 22 years ago, Vietnam’s securities market has significantly grown and constantly improved its structure as an important capital raising channel of the economy, contributing to improving the market economy institution and promoting international integration.
Corporate penal liability in Vietnam Corporate penal liability in Vietnam
The 2015 Penal Code marks a great progress in the country’s criminal justice by holding commercial legal entities liable for their criminal acts. Its novel provisions create a legal basis for the fight against criminal acts committed by commercial legal entities in recent years as well as for international cooperation on combating crime, especially transnational organized crime.
Official Gazette issues Nos 13-15/2018 published on May 10 2018) Official Gazette issues Nos 13-15/2018, published on May 10, 2018)
Party sets industrial development goals for 2030 Party sets industrial development goals for 2030
By 2030, Vietnam will accomplish its industrialization and modernization, basically becoming a modernity-oriented industrialized country among the top three ASEAN countries in industry, with some of its industries being globally competitive and deeply participating in the global value chain.

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