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Insights in to Law on Securities Offerings and its Implications in Vietnamese Capital Market


Affiliations
1 Sr. Professor-Finance & Accounts, FORE School of Management, B-18, Qutub Institutional Area, New Delhi, India
     

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Law on Securities 2006 in Vietnam, as amended in 2010, provides for activities of securities offering, listing, trading and investment, securities services and securities market. Accordingly activities of securities offering, public offer or private offer, listing, trading and investment, securities services and securities market are conducted subject to this law. An effort has been made here in this paper to present the substantive provisions of Law on Securities related to securities offerings in the Vietnamese Capital Market. It is hoped that it will serve its stated purpose of facilitating those outside Vietnam who are interested in establishing a company in Vietnam and offer its securities to the public there or those who are interested in investing in the securities offerings of public companies of Vietnam. The law is being enhanced further through the amendments proposed in 2018.

Keywords

Capital Market, HOSE, HNX, Law on Securities, Securities Offerings, State Securities Commission.
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  • Allen’s Legal Guide to Investment in Vietnam, 2012(2012), Available at: http://www.vietnamlaws.com /pdf/LegalGuidetoInvestmentinVietNam.pdf
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  • Law on Securities 2006 (2006), Available at: http://www.vietnamlaws.com/freelaws/Lw70na29 Jun06SecuritiesPARTIAL26July.pdf
  • Law on Securities 2010 amendment (2010), Available at: http://www.moj.gov.vn/vbpq/en/lists/vn%20bn%20php%20lut/view_detail.aspx?itemid=10492
  • Nguyen, H., Oates, G., & Dunkley M. (2014), “A Review of the Establishment of the Stock Market in Vietnam–In Relation to other Transitional Economies”, International Journal of Economics and Finance, 6 (10), pp. 17-25. Available at: https://pdfs.semanticscholar.org/4d9a/aad670a410e 1added3504c7d2767f3b33186.pdf

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  • Insights in to Law on Securities Offerings and its Implications in Vietnamese Capital Market

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Authors

Ambrish Gupta
Sr. Professor-Finance & Accounts, FORE School of Management, B-18, Qutub Institutional Area, New Delhi, India

Abstract


Law on Securities 2006 in Vietnam, as amended in 2010, provides for activities of securities offering, listing, trading and investment, securities services and securities market. Accordingly activities of securities offering, public offer or private offer, listing, trading and investment, securities services and securities market are conducted subject to this law. An effort has been made here in this paper to present the substantive provisions of Law on Securities related to securities offerings in the Vietnamese Capital Market. It is hoped that it will serve its stated purpose of facilitating those outside Vietnam who are interested in establishing a company in Vietnam and offer its securities to the public there or those who are interested in investing in the securities offerings of public companies of Vietnam. The law is being enhanced further through the amendments proposed in 2018.

Keywords


Capital Market, HOSE, HNX, Law on Securities, Securities Offerings, State Securities Commission.

References