The Vietnam State Securities Commission (SSC) issued a 2025 implementation plan for controlling administrative procedures, aiming to tighten scrutiny of new procedures and accelerate substantive simplification linked to digital transformation to minimise compliance costs for citizens and businesses. The plan spans the full lifecycle of administrative procedures, including controlling their issuance, publishing and disclosing procedures, reviewing and assessing existing procedures, and receiving and processing feedback and petitions. It also promotes a one-stop and interconnected one-stop mechanism for electronic processing supported by digitisation and reuse of digitised dossiers and results, alongside greater decentralisation and delegation to cut intermediary steps and shorten processing times. Priority workstreams include implementing government and Ministry of Finance programmes to cut and simplify business regulations, amending legal instruments to simplify procedures involving criminal record certificates in the finance-banking-securities area, and aligning procedures with initiatives on population data, digital identity and electronic authentication. Delivery is to be managed through assigned responsibilities, timelines and expected outputs across SSC units, supported by strengthened administrative discipline, periodic reporting and an end-year evaluation to set tasks for the following year.
Vietnam State Securities Commission 2025-02-17
Vietnam State Securities Commission adopts 2025 plan to control, simplify and digitise administrative procedures
The Vietnam State Securities Commission issued a 2025 plan to enhance administrative procedure control, focusing on digital transformation to reduce compliance costs. The plan includes simplifying procedures, promoting electronic processing, and aligning with government programmes to streamline business regulations. It emphasizes decentralization, digitization, and improved administrative discipline with periodic reporting and evaluations.