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Official Gazette

Saturday, October 24, 2020
Tags: State Securities Commission
Ministry switches green light for secured short sale intraday transactions Ministry switches green light for secured short sale, intraday transactions
Investors would be allowed to perform secured short sale and intraday transactions in the near future when technical conditions permit, according to a draft circular to replace Circular 203 of 2015 regarding transactions in the stock market.
New circular helps perfect financial products and stock market: expert New circular helps perfect financial products and stock market: expert
The State Securities Commission’s draft circular to replace an older one on the guidelines for securities trading is in line with modern trends, perfecting financial products and their diversities, adjusting trading time to suit the needs of domestic and foreign investors, said an expert.
Interest groups must not profit from States assets: Deputy PM Interest groups must not profit from State’s assets: Deputy PM
Stopping interest groups from buying State assets at below market prices is a top priority, said Deputy Prime Minister Truong Hoa Binh at a meeting with Government officials on August 10 on the equitisation and recall of State capital from State-owned enterprises (SOE).
Fundraising through new channels - opportunities and legal challenges Fundraising through new channels - opportunities and legal challenges
The Fourth Industrial Revolution helps create new products and services as well as business models in an open atmosphere without any distance between the reality and cyber space. However, Vietnam’s existing legal framework still fails to meet the demand for realizing these products, services and models. It is not yet mature for the application of novel forms of raising funds from angel investors or venture investment funds. So far, there is no legal corridor for innovative startups, particularly fintech ones. This article introduces new fundraising channels and their legal challenges and puts forward recommendations for formulating a regulatory sandbox applicable to these channels.
NA Standing Committee to question ministers NA Standing Committee to question ministers
Fifteen ministers and leaders of sectors will field questions lawmakers this week at the 36th session of National Assembly (NA) Standing Committee.
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.
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.
Decree to speed up SOE equitization Decree to speed up SOE equitization
With a view to removing existing obstacles to accelerate the equitization of state-owned enterprises, the Government on November 22 issued a new decree on transformation of SOEs into joint-stock companies.
Draft circular to facilitate e-transactions in the securities market Draft circular to facilitate e-transactions in the securities market
The Ministry of Finance is gathering comments on a draft circular guiding e-transactions in the securities market which sets out principles and procedures for carrying out such transactions in a smooth and safe manner.
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.

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