Extending the period of exemption and reduction of Securities Service Fees in Vietnam Until June 30, 2021

Recently, the Ministry of Finance issued Circular 70/2020/TT-BTC extending the implementation period of Circular 14/2020/TT-BTC, which amends and supplements certain articles of Circular 127/2018/TT-BTC. These regulations pertain to service prices in the securities sector and apply to the Stock Exchange and the Vietnam Securities Depository Center. The purpose of these extensions is to support relevant organizations and individuals affected by the Covid-19 pandemic in Vietnam.

Extend the validity period specified in Clause 1, Article 2 of Circular 14/2020/TT-BTC dated March 18, 2020, amending and supplementing certain articles of Circular 127/2018/TT-BTC dated December 27, 2018, which regulates the service prices in the securities field applied at the Stock Exchange and the Vietnam Securities Depository Center to support the related organizations and individuals affected by the Covid-19 pandemic in Vietnam until June 30, 2021.

After June 30, 2021, the service prices in the securities field applied at the Stock Exchange and the Vietnam Securities Depository Center shall be implemented in accordance with the provisions of Circular 127/2018/TT-BTC.

For details, see Circular 70/2020/TT-BTC, which takes effect in Vietnam on August 31, 2020.

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