{"id":1829,"date":"2025-08-28T15:49:22","date_gmt":"2025-08-28T08:49:22","guid":{"rendered":"https:\/\/weflyip.com\/?p=1829"},"modified":"2025-10-18T15:15:23","modified_gmt":"2025-10-18T08:15:23","slug":"du-thao-thong-tu-sua-doi-bo-sung-mot-so-dieu-cua-cac-thong-tu-quy-dinh-ve-giao-dich-chung-khoan-tren-he-thong-giao-dich-chung-khoan-bu-tru-va-thanh-toan-giao-dich-chung-khoan-hoat-dong-cua-cong-ty","status":"publish","type":"post","link":"https:\/\/weflyip.com\/en\/du-thao-thong-tu-sua-doi-bo-sung-mot-so-dieu-cua-cac-thong-tu-quy-dinh-ve-giao-dich-chung-khoan-tren-he-thong-giao-dich-chung-khoan-bu-tru-va-thanh-toan-giao-dich-chung-khoan-hoat-dong-cua-cong-ty\/","title":{"rendered":"Draft Circular amending and supplementing provisions on securities trading, clearing and settlement, securities company operations, and information disclosure on the stock market."},"content":{"rendered":"
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The draft Circular proposes new regulations on the purchase of shares by foreign institutional investors.<\/strong><\/p>

Specifically, Clause 2, Article 1 of the draft Circular adds Article 9a after Article 9 of Circular No. 120\/2020\/TT-BTC, regulating such transactions as follows:<\/p>

(1) Securities companies shall assess the payment risk of foreign institutional investors to determine the required deposit amount when placing share purchase orders (if any), as agreed between both parties.<\/p>

(2) If the foreign institutional investor fails to make full payment for the share purchase, the remaining payment obligation shall be transferred to the securities company where the order was placed, via its proprietary trading account, except as stipulated in (5).<\/p>

(3) The securities company may sell the shares via negotiated transactions on the trading system or transfer ownership off-system in accordance with the law, provided the transaction does not exceed the legal foreign ownership limit.<\/p>

(4) Except for transactions under (3), the securities company shall sell the shares on the trading system. Financial obligations arising shall be handled as agreed between the two parties.<\/p>

(5) The custodian bank where the foreign institutional investor holds the securities account shall be responsible for any payment shortfall and costs if it provides incorrect confirmation of the investor\u2019s balance.<\/p>

Regulations on securities registration with the Vietnam Securities Depository and Clearing Corporation (VSDC):<\/strong><\/h3>

(1) The types of securities required to be registered with the Vietnam Securities Depository and Clearing Corporation include:<\/p>

\u2013 Listed shares, registered for trading on the stock exchange system;<\/p>

\u2013 Fund certificates, covered warrants, government debt instruments, government-guaranteed bonds, local government bonds, and other types of corporate bonds listed on the stock exchange system;<\/p>

\u2013 Securities of public companies and other types of securities that must be registered with the Vietnam Securities Depository and Clearing Corporation (VSDC) in accordance with the law.<\/p>

(2) Other securities may be registered at VSDC based on an agreement between the issuer and VSDC.<\/p>

(3) Registration shall be in the form of book entries or electronic data.<\/p>

(4) Public companies must register shares with VSDC within 15 days from the date of confirmation of public company registration by the State Securities Commission.<\/p>

(5) The Minister of Finance shall issue detailed guidance on securities registration, deregistration, coding, ownership transfer, and related procedures.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>","protected":false},"excerpt":{"rendered":"

D\u1ef1 th\u1ea3o Th\u00f4ng t\u01b0 n\u00e0y \u0111ang c\u00f3 \u0111\u1ec1 xu\u1ea5t quy \u0111\u1ecbnh giao d\u1ecbch mua c\u1ed5 phi\u1ebfu c\u1ee7a nh\u00e0 \u0111\u1ea7u t\u01b0 n\u01b0\u1edbc ngo\u00e0i l\u00e0 t\u1ed5 ch\u1ee9c. C\u1ee5 th\u1ec3, t\u1ea1i kho\u1ea3n 2 \u0110i\u1ec1u 1 d\u1ef1 th\u1ea3o Th\u00f4ng t\u01b0 \u0111\u00e3 \u0111\u1ec1 xu\u1ea5t b\u1ed5 sung B\u1ed5 sung \u0110i\u1ec1u 9a quy \u0111\u1ecbnh v\u1ec1 giao d\u1ecbch mua c\u1ed5 phi\u1ebfu c\u1ee7a nh\u00e0 […]<\/p>","protected":false},"author":1,"featured_media":844,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[24],"tags":[],"class_list":["post-1829","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ban-tin-phap-luat"],"_links":{"self":[{"href":"https:\/\/weflyip.com\/en\/wp-json\/wp\/v2\/posts\/1829","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/weflyip.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/weflyip.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/weflyip.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/weflyip.com\/en\/wp-json\/wp\/v2\/comments?post=1829"}],"version-history":[{"count":4,"href":"https:\/\/weflyip.com\/en\/wp-json\/wp\/v2\/posts\/1829\/revisions"}],"predecessor-version":[{"id":2362,"href":"https:\/\/weflyip.com\/en\/wp-json\/wp\/v2\/posts\/1829\/revisions\/2362"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/weflyip.com\/en\/wp-json\/wp\/v2\/media\/844"}],"wp:attachment":[{"href":"https:\/\/weflyip.com\/en\/wp-json\/wp\/v2\/media?parent=1829"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/weflyip.com\/en\/wp-json\/wp\/v2\/categories?post=1829"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/weflyip.com\/en\/wp-json\/wp\/v2\/tags?post=1829"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}