New reporting requirements for securities investment fund management companies

On September 3, 2025, the Ministry of Finance issued Circular No. 88/2025/TT-BTC, amending and supplementing a number of articles of Circulars prescribing the reporting regime applicable to securities investment fund management companies, Vietnam-based representative offices, and branches of foreign securities companies and foreign fund management companies.

Accordingly, securities investment fund management companies, Vietnam-based representative offices, and branches of foreign securities and fund management companies are required to submit periodic electronic reports to the State Securities Commission of Vietnam (SSC) via its database system. In cases where these entities are unable to send reports through the SSC’s database system due to force majeure circumstances such as network or server failures, inability to use digital certificates, or other unavoidable circumstances, they must notify the SSC, clearly stating the reasons, and may submit reports via email or in paper form. Once the issues are resolved, the entities must resume full reporting on the SSC’s database system without delay.

Circular No. 88/2025/TT-BTC takes effect on October 20, 2025.