Finance

Revising regulations on State budget management

13/08/2022 10:41 Finance

VCN - the Ministry of Finance announced the consultation on the draft Decree amending and supplementing Decree 24/2016/ND-CP of the Government defining the regime of state budget management.

Prioritize investment and strongly apply digital technology in banking activities

12/08/2022 15:51 Finance

VCN - Credit institutions have actively implemented the tasks set out in Decision 810/QD-NHNN promulgating the Plan on Bank Digital Transformation to 2025, with an orientation to 2030.

Officially reducing import duty of petroleum products to 10%

12/08/2022 09:30 Finance

The Government promulgated Decree No.51/2022/NĐ-CP, officially reducing the rate of import duty for unleaded fuel under the HS code (from 2710.12.21 to 2710.12.29) from 20% to 10%.

Accelerating public investment disbursement

11/08/2022 16:21 Finance

After the implementation in seven months of 2022, the progress of disbursement has shown many positive signs

Reforming corporate finance policies

11/08/2022 16:19 Finance

VCN - At the Conference to disseminate policies and laws on corporate finance in 2022 organized by the Corporate Finance Department (Ministry of Finance) on August 9, the leaders of the Department of Corporate Finance shared information on the orientation

Banks in the digital transformation race

10/08/2022 13:49 Finance

The banking industry has seen many changes in recent years thanks to digital transformation. However, this is an issue that brings opportunities along with challenges for commercial banks.

Amending the Law on Prices: Improving capacity of enterprises to practice price appraisal

13:47 | 10/08/2022 Finance

The amendment of regulations related to price appraisal activities in the draft Law on Prices will contribute to consolidating and improving the quality of appraisal activities

New notable points in the State Budget Estimate 2023

15:33 | 09/08/2022 Finance

The Ministry of Finance proposed the development of the state budget estimate in 2023 closely following the socio-economic and financial situation in the country and overseas.

USD appreciates, Government's debt repayment obligation under control

15:32 | 09/08/2022 Finance

VCN - As of December 31, 2021, the Government's outstanding debt was estimated at VND3,283 trillion.

Financial support policies reach people and businesses

16:08 | 08/08/2022 Finance

VCN - To remove difficulties and help people and businesses overcome obstacles caused by the COVID-19 pandemic, the Government has issued many support policies on taxes and fees. As soon as the policies were issued, the whole tax sector quickly implemente

26 organizations pay tax via Portal for foreign suppliers

10:35 | 08/08/2022 Finance

VCN - As a result, in the three months since the launch of the Portal on March 21, 26 major foreign suppliers (Microsoft, Facebook, Netflix; Samsung; TikTok; eBay ...) have registered for tax, declared tax and paid taxes worth about US$20 million.

Finding solutions so commodity prices no longer "anchor" when gasoline prices decrease

10:34 | 08/08/2022 Finance

At the seminar, solutions have been discussed to make commodity prices no longer "anchored" high although the price of gasoline has been reduced.

Many tax policies issued to stabilize petroleum products prices

09:47 | 07/08/2022 Finance

VCN - Petroleum is a key input fuel in the economy. Fuel costs account for a large portion of the cost structure of goods and services such as transportation, said the Ministry of Finance.

Financial support policies has come to people and businesses

09:45 | 07/08/2022 Finance

To remove difficulties and help people and businesses overcome difficulties caused by the Covid-19 pandemic, the Government has issued many support policies in the areas of taxes and fees.

Experts give feedback on draft Decree on information connection for National Single Window

12:36 | 06/08/2022 Finance

VCN - The draft Decree does not provide the integration of shared information to create a general database.

Finance sector strives to fulfill budget task

18:42 | 05/08/2022 Finance

VCN - At the meeting to implement the tasks of August 2022 held on the afternoon of August 4, Minister of Finance Ho Duc Phoc said the Finance sector must make efforts to fulfill the budget task and proactively develop fiscal policies to promote socio-eco

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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

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

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).

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

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

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

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

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.

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.

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).