New fulcrums for economic growth Wood exports started well Take advantage of e-commerce leverage for export
Banks allowed to extend credit growth quota

Banks allowed to extend credit growth quota

30/11/2021 20:05 Finance

The State Bank of Vietnam (SBV) has extended the credit growth limits for the third time this year to some commercial banks to meet rising capital demands at year-end.
Banks

Banks' bad debt continues to increase

30/11/2021 09:56 Finance

Not only wanting to legislate Resolution 42 on dealing with bad debts, banks also expect a more developed debt trading market, with a mechanism to support banks in handling bad debts effectively.
State treasury investment in safe and effective manner

State treasury investment in safe and effective manner

29/11/2021 17:03 Finance

VCN – In 2021, the State Treasury launched a program of repurchasing the Government bonds via the e-transaction system of Hanoi Stock Exchange.
Govt plans to issue bonds in foreign currency

Govt plans to issue bonds in foreign currency

29/11/2021 16:58 Finance

The Government plans to issue US dollar-denominated bonds in the domestic market to fund additional stimulus packages to foster the recovery of the economy.
Time for securities firms to raise charter capital

Time for securities firms to raise charter capital

29/11/2021 16:55 Finance

Many securities companies are planning to raise capital through forms such as dividend payment, purchase rights and private offerings to meet the growthnbsp;of the stocknbsp;market.
State Treasury sets target to achieve 100% online public services at level 4

State Treasury sets target to achieve 100% online public services at level 4

29/11/2021 12:18 Finance

State Treasury will upgrade two more public services at level 2, 3 up to level 4 in order to achieve the target of 100% of online public services at level 4 integrated with the National Public Service Portal
Central Steering Committee works with Ministry of Finance on Human Resource management

Central Steering Committee works with Ministry of Finance on Human Resource management

12:16 | 29/11/2021 Finance

VCN - On the afternoon of November 25, a delegation of the Central Steering Committee on human resource management led by Mrs. Truong Thi Mai, Member of the Politburo, Secretary of the Party Central Committee, Head of the Central Organization Committee, a
Stock market develops strongly as important capital mobilization channel for economy

Stock market develops strongly as important capital mobilization channel for economy

12:15 | 29/11/2021 Finance

VCN - After 25 years of establishment, Vietnam's stock market has seen remarkable development, becoming an important capital mobilization channel for the economy, creating a strong attraction for domestic and foreign investors.
Covid-19 has not disrupted the growth cycle of the banking industry

Covid-19 has not disrupted the growth cycle of the banking industry

08:55 | 28/11/2021 Finance

VCN - Accordingly, credit fees are expected to decrease from the second quarter of 2022, which will be the main driver for stronger profit growth in the second half of 2022.
Information security for businesses in tax management a concern

Information security for businesses in tax management a concern

15:19 | 27/11/2021 Finance

The Việt Nam Chamber of Commerce and Industry (VCCI) proposed the Ministry of Finance finalise a draft circular on tax.
Ministry of Finance proposes to reduce rates of fees and charges in 2022

Ministry of Finance proposes to reduce rates of fees and charges in 2022

10:36 | 26/11/2021 Finance

VCN – The draft Circular inherits the reduced rates of fees and charges in 2021.
Without a timely recovery support program, a historic opportunity will be lost

Without a timely recovery support program, a historic opportunity will be lost

17:15 | 25/11/2021 Finance

Dr. Tran Dinh Thien, former director of the Vietnam Economic Institute, said that the economy has weakened seriously and will continue to get weaker. In order to lift it up, a large support package is necessary.
Minister of Finance Ho Duc Phoc works with Korean Ambassador to Vietnam

Minister of Finance Ho Duc Phoc works with Korean Ambassador to Vietnam

17:14 | 25/11/2021 Finance

VCN - On the afternoon of November 24, at the headquarters of the Ministry of Finance, Minister of Finance Ho Duc Phoc had a meeting with Ambassador Extraordinary and Plenipotentiary of the Republic of Korea to Vietnam Park Noh- Wan.
Towards digital transformation in tax and customs management

Towards digital transformation in tax and customs management

20:29 | 24/11/2021 Finance

VCN – At the workshop, experts and researchers raised key contents in tax administration such as e-commerce tax management, tax base erosion prevention, support policies for businesses in the post-pandemic period.
MoF, Viettel Group team up for digital transformation in 2021-2025 period

MoF, Viettel Group team up for digital transformation in 2021-2025 period

20:27 | 24/11/2021 Finance

VCN – The Ministry of Finance and the Viettel Group signed a Memorandum of Understanding (MoU) on cooperation for digital transformation in the 2021-2025 period on November 22 in Hanoi.
Banking sector embraces digital transformation to improve customer experience

Banking sector embraces digital transformation to improve customer experience

20:27 | 24/11/2021 Finance

Faced with complicated developments of the COVID-19 outbreak in recent times, banks in Ho Chi Minh City and elsewhere in the country are strictly complying with social distancing regulations while also ensuring their systems operate smoothly and efficiently and fully meet the needs of individual and corporate customers.
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Old loans must endure higher interest rates temporarily: central bank

Old loans must endure higher interest rates temporarily: central bank

15:44 | 19/04/2024 Finance

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

14:15 | 19/04/2024 Finance

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

17:41 | 18/04/2024 Finance

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

10:24 | 18/04/2024 Finance

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

16:25 | 17/04/2024 Finance

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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