The Vietnam State Securities Commission issued Official Letter 1474/UBCK-GSĐC to state-owned enterprises (SOEs), groups and corporations, requesting a review of whether they meet the conditions to qualify as a public company, including for SOE subsidiaries that are listing or registered for trading on a stock exchange. The letter asks SOEs to report the review to the state ownership representative agency and to direct their subsidiaries to comply with the Securities Law No. 54/2019/QH14, Law No. 56/2024, Law No. 68/2025/QH15 and relevant implementing guidance.
Vietnam State Securities Commission 2026-02-26
Vietnam State Securities Commission instructs state-owned enterprises to review public company eligibility for listed groups and subsidiaries
The Vietnam State Securities Commission issued Official Letter 1474/UBCK-GSĐC to state-owned enterprises (SOEs), groups, and corporations, requesting a review of their qualification as public companies. SOEs are instructed to report findings to the state ownership representative agency and ensure subsidiaries comply with the Securities Law No. 54/2019/QH14, Law No. 56/2024, Law No. 68/2025/QH15, and relevant guidance.