Developing a safe, healthy and transparent corporate bond market

Developing a safe, healthy and transparent corporate bond market

VCN - The Corporate bond is a type of security product that confirms the payment of principal and interest by enterprises to investors who own bonds.
Successfully spreading the program "Lucky Invoices"

Successfully spreading the program "Lucky Invoices"

VCN - On August 29, 2022, the General Department of Taxation sent an official dispatch to tax departments of provinces and municipalities requesting the expansion of the program "Lucky invoices".
Budget revenue estimate in 2023: Focusing on core, sustainable revenues

Budget revenue estimate in 2023: Focusing on core, sustainable revenues

VCN – The State budget estimate for 2023 has just been approved by the National Assembly. Many contents of the 2023 budget estimate received the attention of experts and people, including budget revenue and expenditure estimates. According to a representa
37 foreign suppliers pay over VND3,100 billion in taxes

37 foreign suppliers pay over VND3,100 billion in taxes

VCN - According to the report of the General Department of Taxation, currently 37 foreign suppliers have declared and paid taxes via the Portal for foreign suppliers.
Amendment to export tariff and preferential import tariff meets roadmap of international commitments

Amendment to export tariff and preferential import tariff meets roadmap of international commitments

VCN - The amendment to the tariff in a timely fashion and meeting the requirements of the tariff reduction roadmap in FTAs is reasonable.
Public debt safety indicators are strictly controlled

Public debt safety indicators are strictly controlled

VCN - The Government's report on the public debt in 2022 and 2023 shows that the debt target by the end of 2022 is expected to be within the ceiling limit and safety warning threshold approved by the National Assembly.
Capital mobilization from Government bonds to attach with public investment disbursement

Capital mobilization from Government bonds to attach with public investment disbursement

VCN – The State Treasury will closely monitor the disbursement progress to issue a corresponding volume of Government bonds to ensure loan capital, meet capital use demand, and improve the efficiency of capital use and mobilization.
Strive to reduce budget deficit in financial plan for 2023-2025

Strive to reduce budget deficit in financial plan for 2023-2025

VCN - The domestic market's investment environment has improved, making Vietnam an attractive destination for foreign investors. As a result, trade activities have been expanded, and exports have maintained positive growth thanks to trade agreements.
Fiscal policy affirms the pivotal role of the economy

Fiscal policy affirms the pivotal role of the economy

VCN - A significant contribution to the strong recovery of the economy in the first 10 months of 2022 is the effective implementation of fiscal policy. In particular, the pillar is supporting policies for people and businesses facing difficulties during t
Four objectives, seven solutions in 2023 budget estimate

Four objectives, seven solutions in 2023 budget estimate

VCN - At the Seminar "State Budget Estimates 2023- Outlooks and Challenges" organized by the Budget Transparency Alliance for Progress (BTAP) on the afternoon of November 10, experts mentioned the following contents of the 2023 State budget estimate, posi
Units consider administrative reform a useful tool in direction, management: Ministry of Finance

Units consider administrative reform a useful tool in direction, management: Ministry of Finance

VCN – Assessing the Public Administration Reform (PAR) Index 2021 of units under the Ministry of Finance, the Ministry of Finance said that the units have paid attention to administrative reform and considered this a useful tool in direction and managemen
SBV asks commercial banks to support fuel traders

SBV asks commercial banks to support fuel traders

The State Bank of Vietnam (SBV) has issued a document instructing commercial banks to take all measures to support fuel traders.
Striving to fulfil 2022 budget collection task

Striving to fulfil 2022 budget collection task

VCN - By the end of October 2022, the state budget revenue has completed the tasks for 2022. However, the collection situation in recent months has decreased compared to the year's first half. Meanwhile, it is forecasted that in 2023, the state budget rev
Total state revenue in 2023 is estimated at VND1.620 quadrillion

Total state revenue in 2023 is estimated at VND1.620 quadrillion

VCN - The estimated domestic revenue increases by 3.2% compared with the estimate in 2022 to VND1,334.2 trillion, accounting for 82.3% of the total state budget balance.
The Government proposes not to abolish the Petrol Price Stabilization Fund

The Government proposes not to abolish the Petrol Price Stabilization Fund

Minister of Finance said that the Petroleum Price Stabilization Fund creates a "stepping stone" to contribute to price stabilization, so the Government has agreed not to abolish the Petroleum Price Stabilization Fund.
Revising Law on Prices: Avoiding overlaps between specialized laws

Revising Law on Prices: Avoiding overlaps between specialized laws

VCN – Speaking to the press, Deputy Minister of Finance Ta Anh Tuan said the draft Law on Prices (revised) will be comprehensive to ensure price management to avoid overlaps between the Law on Prices and other specialized laws.
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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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