On June 30, 2021, the Ministry of Finance issued Circular 51/2021/TT-BTC guiding the obligations of organizations and individuals in foreign investment activities on the Vietnamese stock market, issued by the Minister of Finance (“Circular 51”). Circular 51 replaces Circular No. 123/2015/TT-BTC dated August 18, 2015 of the Minister of Finance guiding foreign investment activities on the Vietnamese stock market (“Circular 123”).
Circular 51 has introduced new reforms on obligations in providing services to foreign investors compared to the previous provisions in Circular 123. The following are highlights:

Circular 51 takes effect from August 16, 2021.

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