Decision 941/QD-BTC 2024 approving Action Program on implementation of the Strategy on development of the securities market through 2030

THE MINISTRY OF FINANCE’S ACTION PROGRAM

On implementation of the Strategy on development of the securities market through 2030

(Attached to the Ministry of Finance's Decision No. 941/QD-TTg dated April 23, 2024)

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On December 29, 2023, the Prime Minister issued Decision No. 1726/QD-TTg approving the Strategy on development of the securities market through 2030. Accordingly, the effective implementation of goals and tasks, specific solutions identified in the Strategy on development of the securities market through 2030 will make an important contribution to achieving the goals in the Financial Strategy up to 2030.

In order to successfully carry out the set tasks, the Ministry of Finance issued the Action Program on implementation of the Strategy on development of the securities market through 2030 (hereinafter referred to as the Action Program) with the following main contents:

I. OBJECTIVES AND REQUIREMENTS

1. Objectives

a) The Action Program determines the tasks of units under and affiliated to the Ministry of Finance to organize the implementation of goals and solutions set out in the Strategy on development of the securities market through 2030 to ensure that the securities market operates in a safe, effective and sustainable manner.

b) This Action Program is the basis for units to develop functional action plans to direct and organize the implementation of goals and solutions set out in the Strategy on development of the securities market through 2030.

c) This Action Program is the basis for organizing preliminary and final reviews and evaluation, and to learn from experience in organizing the implementation of the Strategy on development of the securities market through 2030. At the same time, it is the basis for coordinating with relevant agencies to propose and submit to the Prime Minister for consideration and adjustment of goals and solutions of the Strategy on development of the securities market through 2030 in case of necessity.

2. Requirements

The development and implementation of the tasks identified in this Action Program shall be based on the following basic requirements:

a) Fully grasping the viewpoints and goals of the Strategy on development of the securities market through 2030.

b) Specifying solutions in organizing the implementation of the Strategy on development of the securities market through 2030 associated with each specific period, ensuring feasibility, clear results and linkage and support towards the goals of the Strategy.

c) Clearly defining the responsibilities of the presiding unit and coordinating unit in the implementation process, ensuring consistency, synchronization and effectiveness.

II. LIST OF ASSIGNMENT FOR IMPLEMENTATION OF SOLUTIONS

The list of assignments for implementing solutions of the Strategy on development of Vietnam securities market through 2030 is given in the attached Appendix.

III. IMPLEMENTATION ORGANIZATION

1. Heads of units under and affiliated to the Ministry of Finance shall, based on the general objectives, specific objectives and implementation solutions of the Strategy on development of the securities market through 2030, proactively develop a roadmap and coordinate with relevant units to implement tasks in the List of tasks and projects to implement the Strategy in Section II of the Action Program.

2. Units shall implement the assigned tasks according to the program. Every 5 years, the State Securities Commission shall assume the prime responsibility for, and coordinate with relevant units in, reporting to the Minister (before December 31, 2025, and December 31, 2030) on the results and progress of implementing the tasks assigned in this Action Program.

3. During the implementation process, if necessary to supplement, amend or update specific contents in the Action Program, units under and affiliated to the Ministry of Finance shall proactively propose to the State Securities Commission to synthesize and report to the Minister for consideration and decision to ensure synchronous and effective implementation of the Action Program.

4. Funding for implementing the Ministry of Finance's Action Program to implement the Strategy on development of the securities market through 2030 shall be allocated from the state budget and other legal funding sources as prescribed by law./.  

* All Appendices are not translated herein.