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3 clusters · 6 sources · 13 days · First seen · Last updated

Vietnam securities disclosure regulatory enforcement

Overview

The State Securities Commission of Vietnam (UBCKNN) and the State Securities Inspectorate continue to issue administrative penalties against various firms for violating disclosure and operational requirements.

Initial enforcement actions targeted Dien Quang Group, Hoa Binh Construction Group, and Signo Land for misleading information and delayed bond reports. Subsequent penalties included Pacific Bridge Investment Fund Management, Viet Tam Investment, and Co. TNHH MTV 17 and 492 for delays in publishing financial statements and bond-related reports.

Recent enforcement has intensified regarding financial accuracy and asset management. EVS Securities Joint Stock Company was fined 200 million VND for reporting financial safety ratios for March and April 2026 that were higher than actual recalculated figures; the company must rectify the erroneous information. Capella Quang Nam Joint Stock Company received an 85 million VND fine for separate securities violations.

Further penalties were issued against Rồng Việt Securities, which incurred total fines of 712.5 million VND for infractions including allowing buy orders without sufficient funds, failing to separate client assets from company assets, and exceeding margin loan limits. The firm was also fined 250 million VND for unauthorized collateral management services and is now prohibited from providing such services for client shares. VTG Securities was fined 187.5 million VND for failing to maintain a strict separation between client and company assets, specifically regarding the handling of dividend funds.

Entities

State Securities Inspectorate · Hanoi Stock Exchange · State Securities Commission of Vietnam · Capella Quang Nam Joint Stock Company · Viet Tam Investment Joint Stock Company

Timeline

  1. 4 days ago

    [BUSINESS] 5 sources
    EVS Securities fined for inaccurate financial reporting

    The State Securities Inspectorate fined EVS Securities 200 million VND for inaccurate financial reporting and Capella Quang Nam 85 million VND for securities sector violations.

  2. 11 days ago

    [BUSINESS] 2 sources
    State Securities Commission of Vietnam fines multiple firms for disclosure violations

    The State Securities Commission of Vietnam has fined several companies, including Pacific Bridge and Viet Tam Investment, for failing to meet mandatory information disclosure deadlines.

  3. 17 days ago

    [BUSINESS] 3 sources
    Dien Quang and Hoa Binh Construction fined for disclosure violations

    Vietnam's State Securities Inspectorate fined Dien Quang Group and Hoa Binh Construction Group for information disclosure violations involving misleading profit data and delayed bond reporting.

Sources

cafebiz.vn · cafef.vn · dientuungdung.vn · kinhdoanhvaphattrien.vn · thoibaotaichinhvietnam.vn · tuoitre.vn

This summary has been updated 2 times: see revision history