After the upgrade news, Vietnam's securities market implements a series of new regulations.

(Dan Tri) - Vice Chairman of the State Securities Commission Hoang Van Thu emphasized that these changes will help expand scale, increase supply of goods, and attract foreign investors to Vietnamese securities.

On October 16, in Ho Chi Minh City, the State Securities Commission (SSC) chaired and coordinated with the JICA Project to organize a conference to disseminate the revised and supplemented contents of the Securities Law and detailed regulations for implementation in the Southern region.

In his opening speech, Vice Chairman of the State Securities Commission Hoang Van Thu said that at the 8th session, the 15th National Assembly passed Law No. 56/2024 amending and supplementing a number of laws within the management scope of the Ministry of Finance , including the Securities Law with 3 key groups of contents.

Firstly, perfecting regulations to enhance transparency and efficiency in securities issuance and offering.

Second, strengthen supervision and strictly handle fraudulent and deceptive acts, and clarify the responsibilities of relevant organizations and individuals.

Third, remove practical obstacles, reform administrative procedures, promote transparent and effective development of the stock market, towards the goal of upgrading.

Vice Chairman of the State Securities Commission Hoang Van Thu speaks at the Conference (Photo: State Securities Commission).

At the conference, the State Securities Commission announced and deployed four key topics including amendments and supplements to the Securities Law according to Law No. 56/2024; new regulations on offering and issuing securities; market organization, clearing and payment of transactions; and regulations governing the operations of public companies.

One of the notable points is the amendment of the regulations on offering and issuing securities in Law No. 56/2024 and Decree 245/2025. Accordingly, the issuing enterprise must clearly present the offering plan, the purpose of capital mobilization, and clarify the type of financial report used to consider the issuance conditions as a separate or consolidated report.

The new regulations also require information transparency, requiring issuers to report every six months on the use of capital raised from offerings until disbursement. This report must be audited and made public to ensure accountability to investors.

At the same time, the process of listing shares and registering for an initial public offering (IPO) has been significantly shortened. Previously, it took businesses 6 to 12 months to complete financial procedures and listing documents. Now, the State Securities Commission allows reviewing documents from the time businesses submit their IPO registration documents, while cutting down many "cumbersome" administrative procedures.

The time limit for putting shares into trading after being approved by the Stock Exchange has also been shortened from 90 days to 30 days, creating conditions for investors to quickly exercise transfer rights, increasing market liquidity.

This is an important step in reforming administrative procedures and promoting the operational efficiency of Vietnam's stock market, in line with the trend of international integration.

Vice Chairman of the State Securities Commission Hoang Van Thu emphasized at the conference to disseminate the amended Securities Law that Decree 245 and Circular 19 will help expand the scale, increase the supply of goods, and attract foreign investors, especially in the context of the Vietnamese stock market being upgraded.

Source: https://dantri.com.vn/kinh-doanh/sau-thong-tin-nang-hang-chung-khoan-viet-nam-trien-khai-loat-quy-dinh-moi-20251016152619021.htm