05 medias of information disclosure and reporting on Vietnam’s securities market

According to Article 7 of the Circular No. 96/2020/TT-BTC of the Ministry of Finance of Vietnam, the media of information disclosure and reporting includes:

- The website of the disclosing entity;

- The media of State Securities Commission of Vietnam (SSC);

- The website and other information disclosure media of the Stock Exchange (SE) according to its regulations;

- Website of Vietnam Securities Depository and Clearing Corporation (VSDCC);

- Other means of mass media as prescribed by law (printed newspapers, online newspapers, etc.).

Particularly, the disclosing organization is required to establish a website as follows:

- A public company must establish a website when it follows procedures for registration of a public company with SSC. An issuer that makes initial public offering of shares or an organization that makes public offering of bonds must establish a website before the offering. A securities company, securities investment fund management company or branch of foreign securities company or foreign fund management company in Vietnam must establish a website before its official operation. An organization that has corporate bonds listed, organization that has shares listed, or registered organization must establish a website when following procedures for registration of listing or trading on SE;

- The organization that establishes a website must report the website establishment to SSC and SE, and publish address of the established website and any changes thereof within 03 working days from the completion of the website establishment or occurrence of such changes;

- The website must contain business lines and information to be published on the National Business Registration Portal in accordance with the Law on enterprises and any changes thereof; have a separate page for relationship with shareholders (investors), on which the company’s charter, information disclosure regulations, company administration regulations (if any), operation regulations of the Board of Directors, Board of Controllers (if any), prospectus (if any), information disclosed on periodic or ad hoc basis and on request, and other activities must be published in accordance with this Circular;

- The website must display the information publishing time and ensure that investors may search and access data on the website.

View more details at the Circular No. 96/2020/TT-BTC of the Ministry of Finance of Vietnam, effective from January 01, 2021.

Le Vy

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