With 445 votes of approval from 450 deputies, the 15th National Assembly (NA) adopted the Law on amendments and supplementations to a number of articles of nine laws on November 29 as part of its ongoing eighth session.

Lawmakers are debating a draft law on amendments and supplements to a number of articles of seven laws and the draft Electricity Law as part of the 15th National Assembly (NA)’s ongoing 8th session in Hanoi on November 7.

Prime Minister Pham Minh Chinh chaired a meeting with permanent Government members in Hanoi on September 11 to consider drafting a new law aimed at amending and supplementing seven existing laws to resolve obstacles and pave the way for robust development.

Prime Minister Pham Minh Chinh chaired a meeting between permanent Government members and representatives of ministries and sectors on August 16 to discuss the building of a draft law to amend some contents of finance- and budget-related laws.

The State Securities Commission (SSC) will review the Law on Securities and related decrees to complete the legal framework, and strengthen sanctions for violations to protect the legitimate rights and interests of investors.

Vietnam’s stock market will bounce back strongly and develop in both quantity and quality in 2023 to remain an effective capital mobilisation channel for the economy, an official has said.

Amid the COVID-19 pandemic, the economy of Vietnam experienced numerous difficulties and challenges during the first half of 2021, but the stock market still posted strong growth, at a pace that is the second fastest in the world.

Despite Vietnamese companies’ total net profit growing 81 percent year-on-year in the first quarter, many still posted big losses.

Strong individual purchasing power has been the key to the strong rebound of the Vietnamese stock market this year after it was hit twice by the COVID-19 outbreaks.

Intermediary financial institutions instead of bond issuers should be empowered to recognise professional investors when they come to purchase corporate bonds in the secondary market, regulatory experts have urged.

Companies are looking to raise debts from bond issuance before the amended Law on Securities takes effect next January.

The Securities Journalists Club has organise a press conference to announce the top 10 biggest events on Vietnam’s stock market in 2019.

The 36th session of the National Assembly (NA) Standing Committee is scheduled to run in Hanoi from August 12 to 16.

Merging the two national stock exchanges would improve efficiency and trading conditions, the 14th National Assembly heard at a meeting on June 6.

The Ministry of Finance is drafting a document for the next generation Law on Securities in an effort to complete legislation for the securities market.

The Ministry of Planning and Investment was drafting a circular on a venture capital fund to create a legal framework for promoting start-ups and make Vietnam a start-up nation.