The Vietnam State Securities Commission published an update on the Ministry of Finance’s Circular 88/2025/TT-BTC, which amends periodic reporting requirements for securities investment fund management companies and for representative offices and branches of securities companies and foreign fund management companies operating in Vietnam. The main change is a move to submitting periodic reports as electronic documents via the State Securities Commission’s database system, removing the paper filing channel. The circular amends the reporting provisions in Ministry of Finance Circular 97/2020/TT-BTC (covering representative offices and branches of securities companies and foreign fund management companies in Vietnam) and Circular 99/2020/TT-BTC (covering securities investment fund management companies). It also sets out how reports should be submitted when filing through the State Securities Commission’s database system is not possible due to force majeure, and was issued as part of the 2024–2025 programme to cut and simplify business-related rules within the Ministry of Finance’s remit. Circular 88/2025/TT-BTC takes effect from 20 October 2025.
Vietnam State Securities Commission 2025-09-04
Vietnam State Securities Commission highlights Ministry of Finance circular shifting periodic reports for fund managers and foreign securities firms to electronic submission
The Vietnam State Securities Commission announced updates to the Ministry of Finance’s Circular 88/2025/TT-BTC, mandating electronic submission of periodic reports for securities investment fund management companies and foreign entities operating in Vietnam. This amendment, part of a broader initiative to streamline business regulations, replaces the previous paper filing system and includes provisions for force majeure scenarios.