Vietnam State Securities Commission issues a 2026 plan to tighten administrative procedure controls and target 50% cuts in processing time and compliance costs

The Vietnam State Securities Commission has issued a 2026 implementation plan for controlling administrative procedures, aimed at tightening scrutiny over new and amended procedures and accelerating simplification and digitisation across the agency. The plan sets targets to eliminate unnecessary or unclear business and investment conditions, cut administrative procedure processing times and compliance costs by 50% versus 2024, and enable end-to-end online processing for all eligible procedures. Key measures include maximising the reuse of information from government databases to replace or reduce required file components, applying a once-only principle so businesses provide information and documents only once, and expanding one-stop shop and connected one-stop shop handling in an electronic environment that supports digitised dossiers and outcomes. The plan also covers publication and disclosure of administrative procedures, the receipt and handling of public feedback and proposals on administrative rules, completion of approved simplification and decentralisation options, digitisation of files and results in line with national e-government requirements, acceptance and return of administrative results via the public postal service, and communications on electronic administrative procedures, with internal responsibilities, deliverables, discipline, transparency, and annual performance evaluation set out for implementation.