Dividend Distribution: Timing Requirements and Key Considerations for Valid Documentation

Dividend Distribution: Timing Requirements and Key Considerations for Valid Documentation

According to the regulations, when distributing dividends to shareholders, are we required to distribute them all at the same time? When distributing dividends, What should we take into account to ensure valid records and documents? Answer: 1. Conditions for dividend distribution According to the provisions of Clause 1 and Clause 2, Article 135 of the […]

To fulfil its purpose-hình ảnh-0

To fulfil its purpose

The Ministry of Finance (MoF) has proposed two major changes to Vietnam’s corporate bond market: prohibiting individual investors from buying privately-placed bonds, and requiring that publicly-issued bonds are backed by collateral. The proposals have sparked a degree of debate, with some experts agreeing that the measures would protect individual investors, who tend to have lower […]

Draft Circular Amending and Supplementing Certain Provisions of Circulars on Securities Transactions on the Securities Trading System; Securities Transaction Clearing and Settlement; Operations of Securities Companies and Information Disclosure on the Securities Market

The draft Circular proposes regulations on share purchase transactions by foreign institutional investors. Specifically, Clause 2, Article 1 of the draft Circular proposes adding Article 9a, which regulates share purchase transactions by foreign institutional investors, after Article 9 of Circular 120/2020/TT-BTC, as follows: (1) Securities companies shall assess the payment risk of foreign institutional investors […]

List of Basic and Essential Public Services Using the State Budget in the Financial Sector

On September 13, 2024, the Prime Minister issued Decision 970/QĐ-TTg on the list of basic and essential public services using the state budget in the financial sector. Accordingly, the list of basic and essential public services using the state budget in the financial sector includes: (1) Services for the inspection and testing of the quality […]

Amendment to the Circular on Issuance of State Bank Treasury Bills

On August 30, 2024, the Governor of the State Bank of Vietnam issued Circular No. 44/2024/TT-NHNN amending Clause 2, Article 2 of Circular No. 16/2019/TT-NHNN regarding the issuance of State Bank treasury bills. The amendment modifies and supplements Clause 2, Article 2 of Circular No. 16/2019/TT-NHNN concerning the subjects to which it applies as follows: […]

Announcing loan interest rates

Announcing loan interest rates

On March 6, 2024, the State Bank of Vietnam issued Official Dispatch No. 1628/NHNN-CSTT to synchronously and effectively implement interest rate announcement. The State Bank

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Micro Finance Licence

Micro Finance Licence in Vietnam

We are exploring the possibilities to operate a Micro Finance in Vietnam and we are engage a local establishment who is familiar with the licensing process for obtaining a Mirco Financing license.

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