The Vietnam State Securities Commission held a workshop in Hanoi to gather feedback on a draft law amending and supplementing the Securities Law, as part of work to revise Vietnam’s securities framework and prepare a bill for the 2026 legislative program. The draft is intended to address gaps identified after more than five years of implementing the 2019 Securities Law and to respond to newer market developments, including digitalization, administrative simplification and the need for a more complete legal basis for emerging activities. The draft centers on three main policy areas. First, it would further simplify investment and business conditions and administrative procedures in the securities sector. Second, it would add legal foundations for new issues aligned with international financial market trends, including a controlled testing mechanism and institutions providing bond payment guarantees. Third, it would amend rules on electronic transactions, securities practitioners, the operations of securities business organizations and securities investment funds, while also addressing policies to support a high-quality workforce for the securities sector. Workshop discussions also covered disclosure rules, simpler procedures for securities offerings and broader capital market development measures. The commission said it will continue to compile and assess comments from the workshop and written feedback from ministries, agencies, organizations, businesses and other affected parties to finalize the draft law in line with applicable procedures. According to the release, the Ministry of Finance has proposed adding the bill to the 2026 legislative program, with submission to the 16th National Assembly at its second session in October 2026.

Original source Back to tracker