Standard Chartered revises down Vietnam’s GDP growth forecast in 2024 to 6% Vietnam seeks to remove obstacles in upgrade of securities market Forum seeks to increase PPP investment effectiveness
Focusing on perfecting financial institutions - State budget

Focusing on perfecting financial institutions - State budget

23/09/2021 19:55 Finance

Improving financial institutions - State budget is an important task that is of concern by the Ministry of Finance in recent years
Promulgation of Vietnamese public accounting standards is necessary

Promulgation of Vietnamese public accounting standards is necessary

23/09/2021 09:53 Finance

VCN – The country needs to focus on the sufficiency and transparency of accounting information, especially in the public sector.
Government bond auction under the multi-price method piloted

Government bond auction under the multi-price method piloted

23/09/2021 09:51 Finance

VCN – The State Treasury is expected to implement the first multi-price auction for five-year government bond in October.
Banks continue bond issuance to meet capital adequacy ratio

Banks continue bond issuance to meet capital adequacy ratio

22/09/2021 16:02 Finance

Banks have been promoting the mobilisation of medium- and long-term capital through bond issuance to meet the State Bank of Vietnam (SBV)’s requirements on capital adequacy ratio (CAR).
Tax sector implements e-invoice nationwide

Tax sector implements e-invoice nationwide

22/09/2021 09:21 Finance

VCN - To implement the Law on Tax administration 38/2019/QH14, the Government issued Decree 123/2020/ND-CP stipulating invoices and documents. Regulations on e-invoices are the most important provisions of the decree.
Banks urged to embrace digitisation

Banks urged to embrace digitisation

21/09/2021 19:32 Finance

About 67 percent of surveyed banks believe they will lose market share within two years if they fail to digitally transform, according to a new report from cloud banking platform Mambu and The Financial Times Focus (FT Focus).
Many provinces and cities applying social distancing affect revenue collection

Many provinces and cities applying social distancing affect revenue collection

20:18 | 20/09/2021 Finance

The pandemic caused a great impact on production and business, leading to a decrease in revenue collection
Credit grew strongly despite difficulties due to social distancing

Credit grew strongly despite difficulties due to social distancing

09:06 | 20/09/2021 Finance

Despite social distancing, credit in the two largest localities in the country, Hanoi and HCM City, still grew strongly in the first eight months, showing positive signs for credit growth.
Budget allocation norm decreases gradually according to payroll levels

Budget allocation norm decreases gradually according to payroll levels

20:02 | 19/09/2021 Finance

VCN - Regarding the criteria and norms for the State budget allocation of recurrent expenditure estimates to ministries and central agencies, Resolution 01/2021/UBTVQH15 stipulates specified criteria and norms for three objects, including: estimates of ex
The Government requests completing many tasks in September to remove financial difficulties for businesses

The Government requests completing many tasks in September to remove financial difficulties for businesses

09:57 | 19/09/2021 Finance

The Government's resolution requires the Ministry of Finance to urgently implement policies on the extension and reduction of taxes, fees, charges and land rents after being promulgated by authorities.
State budget investment capital allocated to key infrastructure projects

State budget investment capital allocated to key infrastructure projects

09:55 | 18/09/2021 Finance

VCN – The estimation of expenditure on development investment must comply with the Law on State Budget.
Reducing debt burden

Reducing debt burden

09:46 | 18/09/2021 Finance

VCN - In the midst of the pandemic, many businesses are making efforts to repay trillions of dong of debt that is a bright spot in the picture of listed companies' debt.
It is necessary to promulgate the revised Law on Insurance Business

It is necessary to promulgate the revised Law on Insurance Business

20:00 | 17/09/2021 Finance

Minister of Finance Ho Duc Phoc gave a presentation about the Government's proposal on the draft of revised Law on Insurance Business at the third meeting of the National Assembly Standing Committee.
100% of Standing Committee of the National Assembly votes for issuing Resolution on tax exemption and reduction

100% of Standing Committee of the National Assembly votes for issuing Resolution on tax exemption and reduction

19:59 | 17/09/2021 Finance

VCN - The National Assembly Standing Committee agreed to promulgate solutions to support businesses and people hit by the Covid-19 pandemic at a meeting on September 16, said the National Assembly portal.
Tax sector has made e-tax refund worth nearly VND 80 trillion

Tax sector has made e-tax refund worth nearly VND 80 trillion

09:12 | 17/09/2021 Finance

The tax sector has used information technology application projects to facilitate taxpayers.
More tax, fee cuts to benefit pandemic-hit enterprises, people

More tax, fee cuts to benefit pandemic-hit enterprises, people

19:44 | 16/09/2021 Finance

About 118 trillion VND (5.16 billion USD) worth of taxes, land rent, fees, and charges are expected to be reduced or have payment deadlines extended in 2021 to assist enterprises and people affected by the coronavirus pandemic.
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Vietnam seeks to remove obstacles in upgrade of securities market

Vietnam seeks to remove obstacles in upgrade of securities market

13:50 | 25/04/2024 Finance

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

09:42 | 25/04/2024 Finance

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

13:43 | 24/04/2024 Finance

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

10:35 | 24/04/2024 Finance

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

13:51 | 23/04/2024 Finance

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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