The Vietnam State Securities Commission published an update noting that the Ministry of Finance has issued consolidated versions of circulars governing the activities of representative offices and branches of securities companies and foreign fund management companies in Vietnam, as well as the activities of securities investment fund management companies. The consolidation follows Circular 88/2025/TT-BTC, which amended and supplemented provisions in existing circulars on the reporting regime applicable to securities investment fund management companies and to representative offices and branches of securities companies and foreign fund management companies in Vietnam. The Ministry of Finance subsequently issued Consolidated Document 39/VBHN-BTC covering guidance for representative offices and branches of securities companies and foreign fund management companies in Vietnam, and Consolidated Document 40/VBHN-BTC covering guidance on the operations of securities investment fund management companies.
Vietnam State Securities Commission 2025-10-10
Vietnam State Securities Commission highlights Ministry of Finance consolidated guidance for fund managers and foreign securities firm branches
The Vietnam State Securities Commission announced that the Ministry of Finance has issued consolidated versions of circulars for representative offices and branches of securities companies and foreign fund management companies in Vietnam. This follows Circular 88/2025/TT-BTC, which amended reporting provisions for these entities. Consolidated Documents 39/VBHN-BTC and 40/VBHN-BTC provide updated guidance on their operations.