New stock trading system KRX unable to go-live on May 2: regulator
The State Securities Commission (SSC) has rejected the Ho Chi Minh Stock Exchange’s (HoSE) proposal to officially operate a new stock trading system called KRX on May 2, citing some securities firms as saying that there were errors during the testing process.
Finance - Mon, Dec 22, 2021 | 11:30 am GMT+7
Public companies to disclose information in English from 2025
Public companies will have to disclose information in English, starting 2025, according to a draft circular issued by the Ministry of Finance in line with a request from the State Securities Commission (SSC) of Vietnam.
Finance - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam regulator works to diversify stock market products
Vietnam’s State Securities Commission (SSC) is reviewing regulations to shorten and facilitate the process of listing shares after initial public offerings (IPOs), the commission said.
Finance - Mon, Dec 22, 2021 | 11:30 am GMT+7
State Securities Commission official turns blind eye to FLC chairman’s violations for fear of job loss
State Securities Commission (SSC) official Le Cong Dien has admitted he spotted multiple problems while checking the capacity profile of Faros Construction JSC - a member of FLC Group - but did not dare to reject its listing application as he was afraid his job could be affected.
Society - Mon, Dec 22, 2021 | 11:30 am GMT+7
New stock trading system should be launched in Vietnam soon: deputy minister
A trading system developed by the Korea Exchange (KRX) should be put into operation in Vietnam soon to ensure synchronous transactions, said Deputy Finance Minister Nguyen Duc Chi on Tuesday.
Finance - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam aims for stock market status upgrade by 2025: minister
The Vietnamese government is striving to have the country's stock market status upgraded to an emerging market by 2025 to lure more foreign investment, Minister of Finance Ho Duc Phoc has said.
Finance - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam stock market upgrade hard to achieve if prefunding issue not fixed: regulator
Prefunding requirement and foreign ownership limit are now the largest obstacles facing the upgrade of the Vietnamese stock market and will require practical coordination between relevant ministries and agencies to remove.
Finance - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam Airlines hits turbulence over financial statement submission
The State Securities Commission (SSC) has instructed national flag carrier Vietnam Airlines to complete its accounts and information disclosure for 2022 as regulated and without delay.
Finance - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam stock market regulator names new chair
Vu Thi Chan Phuong has been appointed chairwoman of the State Securities Commission after more than six years as the regulator’s vice head.
Finance - Mon, Dec 22, 2021 | 11:30 am GMT+7
Lawyers criticize regulators' blame game on corporate bond problems
Two Vietnamese lawyers have criticized the Finance Ministry’s November 14 comments about the domestic corporate bond market, saying the regulator must also take responsibility for problems that have sprung up.
Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Investor sentiment drags down stock market: regulator
Vietnam’s stock market has fluctuated strongly due to cautious investor sentiment amid global uncertainties and a less positive economic outlook, with the decline mimicking the worldwide downtrend, said the country’s State Securities Commission.
Finance - Mon, Dec 22, 2021 | 11:30 am GMT+7
IFC, Vietnam securities regulator partner to boost green finance
The World Bank’s investment arm IFC, in partnership with the Swiss State Secretariat for Economic Affairs (SECO), is scaling up its support to Vietnam’s government to promote sustainable finance and spur private sector investment.
Finance - Mon, Dec 22, 2021 | 11:30 am GMT+7
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