Decree No 108/2013/ND-CP ("Decree 108") has just been issued on
September 23 and replaces Decree 85/2010/ND-CP on penalties for
administrative offences in securities and securities market sector
("Decree 85")
Circular No 213/2012/TT-BTC has been issued by the Ministry of Finance
to regulate the participation of foreign investors in the securities
market. Under the circular, it will be easier for foreign investors to open securities trading accounts.