Ministry of Finance asks local governments to support customs clearance

Ministry of Finance asks local governments to support customs clearance

VCN – The Ministry of Finance has directed local customs departments to support customs clearance for goods for Covid-19 pandemic prevention and control.
Need to identify and analyse risks before investing in corporate bonds

Need to identify and analyse risks before investing in corporate bonds

The development of the corporate bond market was necessary and was the policy of the Party and Government.
Ensuring smooth budget flow during lockdown

Ensuring smooth budget flow during lockdown

VCN - Since the beginning of the year, the State Treasury system has continued to reform administrative procedures to better serve budget-using units.
Cash register connected with tax agency: “Sword of treasure against revenue loss”

Cash register connected with tax agency: “Sword of treasure against revenue loss”

VCN – Economic expert Vu Vinh Phu said the regulation on cash register connected to tax agency is a highly feasible solution, significantly contributing to fighting State revenue loss.
Hanoi Tax Department supports and "energises" enterprises and business households

Hanoi Tax Department supports and "energises" enterprises and business households

The Hanoi Tax Department is taking measures to support and "energise" enterprises and business households to overcome difficulties caused by the Covid-19 pandemic
MoF to report to competent authorities about proposal on land rent reduction

MoF to report to competent authorities about proposal on land rent reduction

VCN - The Ministry of Finance has responded to issues related to public property management such as the VCCI's proposal on land rent reduction in 2021 for those impacted by the Covid-19 pandemic and the status of management and use of State-owned housing
Covid-19 has a severe and comprehensive impact on tax revenue

Covid-19 has a severe and comprehensive impact on tax revenue

VCN - The Covid-19 pandemic has had a severe impact on tax collection in August and many other key tasks.
Opening door to developing the corporate bond market – Final chapter: Recommending six solutions to achieve healthy growth

Opening door to developing the corporate bond market – Final chapter: Recommending six solutions to achieve healthy growth

Ketut Ariadi Kusuma, Senior Financial Sector Specialist of World Bank (WB), assessed that the corporate bond market development policy of Vietnam is on the right track.
Finance industry pioneers in the digital revolution

Finance industry pioneers in the digital revolution

The finance industry are leading agencies in building databases for their operations in the context of the financial sector shifting to operate on a digital technology platform
Regulations on VAT payment of domestically manufactured fabric for export garment will not be abolished: MoF

Regulations on VAT payment of domestically manufactured fabric for export garment will not be abolished: MoF

VCN – The Ministry of Finance asks businesses to comply with the current regulations, and requires exporters to carry out procedures for input VAT refund of export products.
Vietnamese consumers expect seamless banking experience

Vietnamese consumers expect seamless banking experience

Vietnamese consumers expect a seamless banking experience when it comes to opening an account via a mobile app or website, with two in five expecting to answer 10 questions or less or they will abandon the process. One out of six Vietnamese will drop out if asked more than five questions.
About VND 1,520 billion of central budget spent to support employees and employers

About VND 1,520 billion of central budget spent to support employees and employers

VCN – 50 localities actually spend VND1,307 billion to assist more than 1,407 entities. Photo: Internet source.
Import and export increase - budget revenue increases but difficulties await

Import and export increase - budget revenue increases but difficulties await

In the first eight months of the year, the total state budget revenue of the Customs sector reached VND250,871 billion, up 30.07% over the same period last year.
Strictly control prices of essential commodities to stabilize consumer’s sentiment, MoF

Strictly control prices of essential commodities to stabilize consumer’s sentiment, MoF

VCN – The Ministry of Finance will actively, seriously and flexibly conduct price management and inflation control in accordance with the country’s situation.
MoF speaks about Ho Chi Minh City

MoF speaks about Ho Chi Minh City's proposal for emergency help for people hit by Covid-19

VCN - The Ministry of Finance (MoF) has spoken about the Ho Chi Minh City People's Committee's proposal to the Prime Minister, the Ministry of Finance and the Ministry of Labour, Invalids and Social Affairs to urgently provide nearly VND28,000 billion and
State Bank agrees to extend debt rescheduling for six months

State Bank agrees to extend debt rescheduling for six months

The State Bank of Việt Nam (SBV) agreed to extend debt rescheduling for businesses for a further six months until June 30, 2022.
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Vietnam seeks to remove obstacles in upgrade of securities market

Vietnam seeks to remove obstacles in upgrade of securities market

The State Securities Commission of Vietnam (SSC) recently held an online working session with the World Bank (WB) and the Asia Securities Industry and Financial Markets Association (ASIFMA) to discuss ways to remove obstacles related to criteria for upgrading the Vietnamese securities market.
Price stability from supply increase and transparency in trading in gold market

Price stability from supply increase and transparency in trading in gold market

VCN - To stabilize the gold market, economic expert Prof.Dr. Tran Tho Dat, a member of the Prime Minister's Economic Advisory Group, said that it is necessary to implement solutions to make all transactions transparent in the gold market, implement electr
SBV takes more actions to stabilise foreign exchange rates

SBV takes more actions to stabilise foreign exchange rates

The State Bank of Vietnam (SBV) on April 23 took some moves like issuing treasury bills (T-bills), further employing T-bills as an open market operation (OMO), and stipulating liquidity and interest rates in the inter-bank market in the face of surging USD/VND exchange rates.
Proposal to exclude criminal liability for tax officials when businesses provide false information to refund VAT

Proposal to exclude criminal liability for tax officials when businesses provide false information to refund VAT

The revised Draft Law on Value Added Tax (VAT) also revises and supplements several contents to suit the actual situation, including some notable contents in VAT refund
Corporate bond maturity in 2024 remains high: MoF

Corporate bond maturity in 2024 remains high: MoF

The volume of corporate bonds maturing in 2024, though lower than that in 2023, is till at a high level, mostly in industries with payment risks such as real estate and renewable energy, according to a report by the Ministry of Finance (MoF).
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