Three options for Petroleum Price Stabilization Fund

Three options for Petroleum Price Stabilization Fund

VCN - According to the Ministry of Industry and Trade, the Petroleum Price Stabilization Fund is the only flexible tool for the State to control petrol prices in each price management period. Therefore, Price Stabilization Fund elimination also means quitting the petrol price management.
Picture of inflation control in 2023

Picture of inflation control in 2023

VCN - In the coming time, many factors will affect inflation control. The results of inflation control in 2022 will be the premise for Vietnam to achieve the goals set by the National Assembly for 2023.
The necessity of compulsory civil liability insurance for car and motorbike owners

The necessity of compulsory civil liability insurance for car and motorbike owners

Director of Insurance Supervisory Authority Ngo Viet Trung said that it was necessary to continue maintaining the regulations on compulsory civil liability insurance for car and motorbike owners.
Manage and develop the corporate bond market following international practices

Manage and develop the corporate bond market following international practices

VCN - Economic expert Dr Nguyen Tri Hieu (photo) shared the legal framework for the private sale of corporate bonds with Customs News.
Tax sector ready to perform revenue collection in 2023

Tax sector ready to perform revenue collection in 2023

Due to a lot of pressure on state revenue collection in 2023, the tax sector has proactively set out key tasks for implementation at the beginning of the year.
Banking sector suffers from difficulties

Banking sector suffers from difficulties

VCN - Experts from VNDirect Securities Company said that the tensions in the corporate bond and real estate markets would negatively affect the quality and liquidity of banks.
Operating fiscal policy flexibly, creating momentum for recovery, promoting economic growth, Minister of Finance Ho Duc Phoc

Operating fiscal policy flexibly, creating momentum for recovery, promoting economic growth, Minister of Finance Ho Duc Phoc

VCN - In 2022, the Finance sector has made unremitting efforts, successfully and comprehensively completing the state budget-financial tasks. On the occasion of the new year, Mr. Ho Duc Phoc, Member of the Party Central Committee, Minister of Finance, sha
The picture of inflation control in 2023

The picture of inflation control in 2023

VCN - This is the National Assembly's high determination; however, the implementation of the CPI target of 2023 won't be easy.
Efforts to bring the corporate bond market to the "rails"

Efforts to bring the corporate bond market to the "rails"

VCN - After strong development, from the first quarter of 2022, the corporate bond market has tended to decrease. Decree No. 65/ND-CP is expected to help the corporate bond market have a legal basis for developing healthier and more sustainable products.
Fall in interest rates and inflation expected to help stock market restore strongly

Fall in interest rates and inflation expected to help stock market restore strongly

VCN - VN-Index closed the year at 1,007 points. In 2023, to assess the market outlook, we should identify advantages and disadvantages.
Banking profit growth in 2023 is forecast to decelerate

Banking profit growth in 2023 is forecast to decelerate

In 2023, credit institutions are more cautious with the business situation, and many forecasts raise concerns that profit growth will decelerate.
Banks

Banks' release' preferential credit, enterprises still complain

VCN - According to preliminary statistics, about 20 credit institutions and foreign bank branches have publicly announced credit programs and products with preferential interest rates.
Interest rates in 2023 still difficult to go against the world trend

Interest rates in 2023 still difficult to go against the world trend

VCN - According to the State Bank of Vietnam, since the beginning of 2022, there have been a total of 340 interest rate hikes globally. But in the first eight months of 2022, the State Bank continued to keep the operating interest rates unchanged.
Stock market sees positive signals in first trading sessions of 2023

Stock market sees positive signals in first trading sessions of 2023

VCN – Although the stock market in 2023 continues to undergo difficulties, the rising first trading sessions of the year predict that the market will recover.
Vietnam’s stock market still attractive to investors: report

Vietnam’s stock market still attractive to investors: report

The relatively low devaluation of the VND against the USD in comparison with that of other currencies in the region shows that the Vietnamese stock market remains an attractive destination for investment flows, as uncertainties persist in most of the global financial market, according to a weekly investment strategy report of the Vietcombank Securities Co., Ltd (VCBS).
Three scenarios for price administration of 2023

Three scenarios for price administration of 2023

With three scenarios for price administration of 2023, the inflation control will be implemented flexibly and in line with the practical requirement.
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SBV takes more actions to stabilise foreign exchange rates

SBV takes more actions to stabilise foreign exchange rates

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

Proposal to exclude criminal liability for tax officials when businesses provide false information to refund VAT

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

Corporate bond maturity in 2024 remains high: MoF

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

Support clearance procedures for imported gold for bidding

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

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
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