Nine ministries and Government agencies return more than VND8 trillion

Nine ministries and Government agencies return more than VND8 trillion

VCN – Facing difficulties in disbursement, nine ministries and government agencies returned more than VND8 trillion. This is one of the remarkable figures delivered by the Ministry of Finance at a conference on assessing public investment disbursement of
Market extends rallies, VN-Index inches closer to 1,400 points

Market extends rallies, VN-Index inches closer to 1,400 points

Shares climbed higher on Monday as investors’ sentiment improved, supporting pillar stocks.
More than VND78.5 trillion of tax and land rent has been extended by the tax authority

More than VND78.5 trillion of tax and land rent has been extended by the tax authority

According to General Department of Taxation, by end of September 2021, the tax authority has extended deadlines of tax and land rent payment with an amount of about VND78,501 billion.
Challenge of disbursing public investment capital

Challenge of disbursing public investment capital

VCN – In 2021, the total public investment capital is more than VND602,237 billion. Of which, the capital plan extended from previous years to 2021 is VND77,568,646 billion, the capital allocated in 2021 is VND524,668.99 billion.
62 localities spend VND4,360 billion to support over 4.7 million entities

62 localities spend VND4,360 billion to support over 4.7 million entities

VCN – To follow Resolution 68, the central budget is expected to spend VND1,520 billion from the central budget reserve in 2021, which has been decided by the National Assembly.
MoF proposes solutions to support export processing enterprises affected by Covid-19 pandemic

MoF proposes solutions to support export processing enterprises affected by Covid-19 pandemic

VCN – The MoF has reported to the Prime Minister to remove difficulties and obstacles amid the Covid-19 pandemic.
State budget revenue in nine months rises by 9.2%

State budget revenue in nine months rises by 9.2%

VCN – Due to the Covid-19 pandemic, the State Budget collection has been affected, but the revenue in the first nine months recorded growth year-on-year.
Central bank proposes new law on bad debt settlement

Central bank proposes new law on bad debt settlement

The State Bank of Vietnam (SBV) has proposed to issue a separate law on bad debt settlement. The new law would be based on the provisions of Resolution 42/2017/QH14 to ease the work of settling bad debts.
Finance sector intensifies anti-corruption work

Finance sector intensifies anti-corruption work

VCN - The Finance sector has intensified anti-corruption work to increase transparency and publicity in operations.
Saving recurrent expenditure of state budget in 2022

Saving recurrent expenditure of state budget in 2022

The quota system of recurrent expenditure allocation has been promulgated by the National Assembly Standing Committee in Resolution No. 01/2021/UBTVQH15
Govt" to consider zero-interest loans for all airlines

Govt" to consider zero-interest loans for all airlines

The Government Office has instructed the Ministry of Planning and Investment, the Ministry of Finance, the Ministry of Transport and the State Bank of Vietnam to study a proposal by the Vietnam Aviation Business Association (VABA), in which the airline industry is to gain access to VND25 trillion of zero-interest loan.
Ho Chi Minh City: Proposals to reduce many taxes for businesses to restore production

Ho Chi Minh City: Proposals to reduce many taxes for businesses to restore production

VCN - In addition to proposing support import and export, the People's Committee of HCM City suggested to reduce corporate income tax (CIT), Value Added Tax (VAT), land rent; extension of tax payment deadlines; and interest rate support.
Nguyen Tan Thinh appointed as Director of Department of Public Property

Nguyen Tan Thinh appointed as Director of Department of Public Property

VCN - Mr. Nguyen Tan Thinh has just been appointed by the Minister of Finance as Director of the Department of Public Property (Ministry of Finance), from October 1, 2021 after a period as the deputy director of the Department of Public Property.
State collects more than VND1,077 trillion in 9 months

State collects more than VND1,077 trillion in 9 months

VCN - In the first nine months of 2021, state budget revenue was estimated at more than VND1,077 trillion or 80.2% of the target, of which the central budget reached 76.5% of the estimate and the local budget reached 84.7% of the estimate.
Ensuring financial support policies to the right beneficiaries

Ensuring financial support policies to the right beneficiaries

VCN – For each new financial support policy issued to support enterprises, the tax authority has always issued effective communication and support measures for taxpayers to understand as quickly as possible.
Processing and manufacturing led the total FDI in nine months

Processing and manufacturing led the total FDI in nine months

Despite Covid-19, foreign direct investment (FDI) in the first nine months of the year still increased by 4.4%.
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Old loans must endure higher interest rates temporarily: central bank

Old loans must endure higher interest rates temporarily: central bank

The average lending interest rate for new loans by commercial banks is reported at around 6.4% per year, a decrease of 0.7 percentage point per year compared to the end of last year. However, borrowers with loans issued before the latest rate adjustment still must pay higher rates, according to the State Bank of Vietnam (SBV).
State-owned enterprises flourished

State-owned enterprises flourished

VCN - The production and business situation in the first quarter of 2024 of the state-owned enterprise sector continues to have many bright spots with many financial targets completed or exceeding the set plan. This is the premise for positive business re
Forum discusses support for women-owned firms ​to join supply chains

Forum discusses support for women-owned firms ​to join supply chains

A forum on supporting women-owned businesses to join supply chains through sustainable development tools took place in Hanoi on April 17.
Ensure savings and prevent losses in disbursement of public investment

Ensure savings and prevent losses in disbursement of public investment

VCN - According to the Ministry of Finance's report, as of the end of March, the total unallocated investment is VND25,654.7 billion, accounting for 3.9% of the target assigned by the Prime Minister.
Implementing unprecedented fiscal policies to actively support people and businesses

Implementing unprecedented fiscal policies to actively support people and businesses

VCN - Implementing fiscal policies to support the economy, the Ministry of Finance has advised and offered many unprecedented solutions to reduce taxes, fees and charges, thereby supporting people and businesses to overcome difficulties, restore productio
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