Support clearance procedures for imported gold for bidding Vietnam Customs actively promotes cooperation activities The exchange rate will gradually cool down from the end of the second quarter of 2024, while interest rates will remain low
Shares extend gains, bolstered by bank and energy sectors

Shares extend gains, bolstered by bank and energy sectors

29/06/2022 16:07 Finance

Vietnamese shares rose on Wednesday, propped up by a slew of banking and energy stocks.
Implement fiscal policies to support economic recovery and development

Implement fiscal policies to support economic recovery and development

29/06/2022 15:59 Finance

VCN - The solutions related to revenue policies have contributed to supporting and removing difficulties for people and businesses.
Public debt strategy to 2030: Spending and borrowing within economy

Public debt strategy to 2030: Spending and borrowing within economy's ability

29/06/2022 09:22 Finance

VCN - Director Truong Hung Long said that the development and implementation of the Public Debt Strategy for 2021-2030 is associated with six main points of view.
Banks want permission to connect to the national population database

Banks want permission to connect to the national population database

28/06/2022 14:07 Finance

VCN - Long emphasized that electronic identification was not the eKYC that credit institutions were implementing. eKYC is only an indirect electronic method of customer verification.
Striving to reduce the number of public non-business units under Ministry of Finance

Striving to reduce the number of public non-business units under Ministry of Finance

27/06/2022 12:10 Finance

Ministry of Finance will continue to renovate its management mechanism and strengthen its organizational structure, improving the operation efficiency of public non-business units
Banking shares plummet to attractive prices

Banking shares plummet to attractive prices

26/06/2022 19:35 Finance

The banking industry may have a hard time reaching its 2022 profit growth targets, but share valuation have dropped significantly to attractive prices.
WB, FTSE Russell pledge regular coordination in upgrading Vietnam"s stock market

WB, FTSE Russell pledge regular coordination in upgrading Vietnam"s stock market

20:13 | 25/06/2022 Finance

Representatives of the World Bank (WB) and FTSE Russell have committed to further supporting Vietnam to build a sustainable stock market, particularly via regularly exchange and coordination in the market upgrading matter.
Why did excise tax on petroleum not adjust?

Why did excise tax on petroleum not adjust?

10:46 | 25/06/2022 Finance

The Ministry of Finance suggested that there will be no immediate adjustment on excise tax for petroleum.
Finding solutions to stabilize petrol prices

Finding solutions to stabilize petrol prices

10:45 | 25/06/2022 Finance

VCN – The Ministry of Finance on the afternoon of June 22 held a meeting with the Vietnam Petroleum Association to discuss proposals related to petroleum business.
Keeping inflation below 4% is very difficult

Keeping inflation below 4% is very difficult

10:45 | 25/06/2022 Finance

According to economist Vu Vinh Phu (photo), keeping inflation below 4% in 2022 is very difficult. Therefore, solutions related to energy, raw materials and supply chains are the most important right now.
Public Debt Strategy by 2030: towards public debt safety and national financial security

Public Debt Strategy by 2030: towards public debt safety and national financial security

08:30 | 23/06/2022 Finance

VCN – The Public Debt Strategy Project by 2030 is one of the nine strategies in the finance sector’s strategic system which has been approved by the Prime Minister, and is an important basis to continue reforming public debt management in a sustainable an
Assessing budget revenues in 2022

Assessing budget revenues in 2022

08:30 | 23/06/2022 Finance

VCN - The General Department of Taxation has requested the local tax departments and the Department of Large Enterprise Tax Administration to develop estimates of state budget revenue and VAT refund in 2023; estimates for three years from 2023-2025 on the
Việt Nam"s second largest green bond issuer in 2021

Việt Nam"s second largest green bond issuer in 2021

14:48 | 22/06/2022 Finance

The country alone issued total $1.5 billion of GSS in 2021, nearly 5 times higher than the value of $0.3 billion in 2020, maintaining stable growth for three consecutive years.
Fiscal and monetary policies should be coordinated to promote the recovery of financial market

Fiscal and monetary policies should be coordinated to promote the recovery of financial market

14:22 | 21/06/2022 Finance

On June 16, the scientific conference "Reshaping the financial market for economic recovery and development" was held by the National Institute for Finance.
What pressure is being put on the "shoulders" of banks?

What pressure is being put on the "shoulders" of banks?

13:48 | 20/06/2022 Finance

According to Dr. Nguyen Quoc Hung, General Secretary of the Vietnam Bankers Association (VNBA), 70% of collateral for loans at banks is real estate, if this market "freezes", banks will be greatly affected.
12 agencies and 16 localities have not yet allocated public investment plans for 2022

12 agencies and 16 localities have not yet allocated public investment plans for 2022

19:34 | 19/06/2022 Finance

VCN - As of May 31, the total capital of ministries, central agencies and localities allocated to projects that are eligible for disbursement in 2022 meets 92. 9% of the capital plan allocated by the Prime Minister.
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Support clearance procedures for imported gold for bidding

Support clearance procedures for imported gold for bidding

09:33 | 23/04/2024 Finance

The State Bank (SBV) has sent a document to competent ministries and branches requesting coordination in implementing the Prime Minister's direction in gold market management.
The exchange rate will gradually cool down from the end of the second quarter of 2024, while interest rates will remain low

The exchange rate will gradually cool down from the end of the second quarter of 2024, while interest rates will remain low

09:32 | 23/04/2024 Finance

VCN - According to Vu Nhu Thang, Deputy Chairman in charge of NFSC, the economy in 2024 has more prospects than 2023 thanks to the strong promotion of public investment and specific policies to promote production activities, consumer economy, and investme
Majority of credit institutions forecast profit growth in 2024

Majority of credit institutions forecast profit growth in 2024

15:16 | 22/04/2024 Finance

A total of 86.2% of credit institutions expect their profit this year to grow compared to 2023, according to the latest survey of the State Bank of Vietnam (SBV).
Central bank plans to auction gold bars on April 22

Central bank plans to auction gold bars on April 22

18:00 | 21/04/2024 Finance

The State Bank of Vietnam (SBV) will auction SJC-branded gold bars on April 22, a representative of the central bank said on April 19.
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).
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