• VIE SEC informed of VIE GVT circular guiding the obligations of organizations and individuals on foreign investment activities on the Vietnamese stock market.

Circular

• Guides the implementation of article 138 of decree no. 155/2020/ND-CP, detailing the implementation of the law on securities on the obligations of foreign investors.
• Details how foreign investors may open indirect investment capital account, securities depository account, and obligations in their investment activities on the stock market.
• As well as securities firms' obligations in providing services to foreign investors.
• Also covers the reporting regime; which entities need to make reports, and deadlines.

Effectiveness

• This circular takes effect from 16 August 2021; replaces circular no. 123/2015/TT-BTC.