The Vietnam State Securities Commission adopted its 2026 administrative reform plan, setting out a programme to streamline administrative procedures and organisational arrangements and expand digital government tools used in securities market administration. The plan is framed as part of Vietnam’s wider 2021–2030 state administrative reform programme and links delivery to unit-level responsibilities, internal inspection and evaluation, and service quality metrics based on citizen and business satisfaction. Key 2026 targets include rolling out online payment for procedures that create financial obligations, digitising still-valid administrative outcomes to support electronic processing and data sharing, and reducing documentation requirements by reusing information from national and sector databases. Cumulative goals for 2026 include eliminating or simplifying 100% of unnecessary or vague business investment conditions, abolishing 100% of conditions for activities not classified as conditional business lines under the Investment Law, and cutting administrative processing times and compliance costs by 50% compared with 2024. The plan also calls for 100% electronic business reporting, full electronic management of internal administrative procedures, a “provide information once” approach for business-related procedures, and end-to-end online delivery for all eligible procedures, alongside upgrades to the Commission’s administrative procedure management system, further development of specialist databases, deployment of shared platforms across the finance sector, and synchronisation of data to the National Data Center.
Vietnam State Securities Commission 2026-03-03
Vietnam State Securities Commission issues 2026 administrative reform plan targeting 50% cuts in processing time and compliance costs
The Vietnam State Securities Commission has adopted its 2026 administrative reform plan to streamline procedures, enhance digital tools, and improve service quality in securities market administration. Key targets include online payment systems, digitisation of administrative outcomes, and a 50% reduction in processing times and compliance costs compared to 2024. The plan mandates full electronic business reporting and management, with upgrades to the Commission's systems and data synchronisation with the National Data Center.