Closely monitoring market fluctuations to consider appropriate time to adjust prices Vietnam Customs attends the 243/244th Session of WCO's Permanent Technical Committee Lang Son: Flexible solutions to accelerate customs clearance of fresh fruit exports
Preventing "petty corruption" in the finance industry

Preventing "petty corruption" in the finance industry

20/09/2022 10:08 Finance

The Ministry of Finance has strengthened the implementation of measures to detect and handle the situation of "petty corruption" and resolutely implements anti-corruption.
Banks race to implement digital transformation ecosystem

Banks race to implement digital transformation ecosystem

19/09/2022 15:17 Finance

The local banking sector, currently undergoing drastic restructuring, will have more opportunities to improve its financial capacity as well as learn modern business models and management from UK partners after the UK-Vietnam Free Trade Agreement (UKEVFTA) takes effect, according to banking insiders.
Lending interest rates are under increasing pressure

Lending interest rates are under increasing pressure

19/09/2022 15:02 Finance

Banks have continued to increase the highest deposit interest rate up to 1%/year.
Minister Ho Duc Phoc: strengthening tax and customs reform

Minister Ho Duc Phoc: strengthening tax and customs reform

19/09/2022 14:59 Finance

VCN - At the Prime Minister's conference with businesses and foreign-invested business associations on the morning of September 17, Minister of Finance Ho Duc Phoc said that customs-related procedures have been implemented by modern customs management met
Building a trust mechanism and risk treatment tool for the corporate bond market

Building a trust mechanism and risk treatment tool for the corporate bond market

19/09/2022 14:59 Finance

In the money market, the "suffocating" context of the credit growth room, rising interest rates and even stressful times in banking system liquidity are leading to improving corporate bond issuance.
Stock market steps into the recovery phase

Stock market steps into the recovery phase

18/09/2022 07:45 Finance

After a period of strong volatility, the stock market has officially entered the recovery phase along with positive information from domestic and foreign macroeconomics
Domestic tax collection achieves impressive results

Domestic tax collection achieves impressive results

09:29 | 17/09/2022 Finance

VCN - The economic recovery and good growth have helped increase state budget revenue in the first eight months of the year.
Balance of Petroleum Price Stabilization Fund remains about VND310.8 billion by the end of QII

Balance of Petroleum Price Stabilization Fund remains about VND310.8 billion by the end of QII

14:24 | 16/09/2022 Finance

VCN – At the end of the second quarter, the Petroleum Price Stabilization Fund balance remains about VND310.8 billion, the Ministry of Finance has said.
E-commerce tax collection: Great potential - Huge challenges

E-commerce tax collection: Great potential - Huge challenges

14:23 | 16/09/2022 Finance

The explosion of e-commerce activities has posed new challenges for tax authorities in managing and combating revenue loss when there are still many barriers to this work.
Long-term bond yields decline in emerging East Asia

Long-term bond yields decline in emerging East Asia

17:06 | 15/09/2022 Finance

Việt Nam’s local currency bond market grew 8.1 per cent from the previous quarter to US$99.5 billion. The faster expansion was driven by both the government and corporate bond segments.
The strength of the economy and fiscal policy help Vietnam to rise in credit rating

The strength of the economy and fiscal policy help Vietnam to rise in credit rating

09:53 | 15/09/2022 Finance

Moody's Investors Service upgraded the Government of Vietnam's long-term issuer and senior unsecured rating from Ba3 to Ba2 and changed the outlook from stable to positive
Clarifying shortcomings in the implementation of credit guarantees for SMEs

Clarifying shortcomings in the implementation of credit guarantees for SMEs

16:08 | 14/09/2022 Finance

VCN – A workshop to review the establishment, management and operation of the Credit Guarantee Fund for small and medium-sized enterprises (SMEs) under Decree 34/2018/ND-CP was jointly held by the Department of Banking and Financial Institutions (Ministry
Rapidly "inject capital" to support businesses

Rapidly "inject capital" to support businesses

10:41 | 14/09/2022 Finance

To effectively deploy the 2%/year interest rate support package to support businesses, the extension of the credit growth limit is necessary and should be done soon
Banks have adjusted credit growth targets

Banks have adjusted credit growth targets

10:16 | 13/09/2022 Finance

VCN - According to the World Bank (WB), Vietnam's credit-to-GDP ratio is among the highest in the world (by the end of 2021, this rate has reached 124%) which is a warning level for Vietnam about the risks of real estate investment and potential macro sta
Dr. Nguyen Tri Hieu: Need a "carrot" for the bank when implementing the 2% interest rate support package

Dr. Nguyen Tri Hieu: Need a "carrot" for the bank when implementing the 2% interest rate support package

10:15 | 13/09/2022 Finance

Dr. Nguyen Tri Hieu, a banking and finance expert shared with Customs Magazine about meeting the capital needs of businesses in the context that the economy is facing inflation.
Domestic cement consumption expected to rise as exports fall

Domestic cement consumption expected to rise as exports fall

15:50 | 12/09/2022 Finance

The cement production industry expects to promote domestic consumption because cement export is difficult.
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Closely monitoring market fluctuations to consider appropriate time to adjust prices

Closely monitoring market fluctuations to consider appropriate time to adjust prices

09:30 | 26/04/2024 Finance

VCN - According to a report from the Ministry of Finance, in the second quarter and the remaining months of 2024, price management and administration need to ensure good control of inflation and continue to remove difficulties for production and business.
How does the Land Development Fund work effectively?

How does the Land Development Fund work effectively?

09:19 | 26/04/2024 Finance

Deputy Minister of Finance Bui Van Khang emphasized the necessity of the development of the Government Decree regulating the Land Development Fund.
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.
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