MoF proposes to expand tax base

MoF proposes to expand tax base

VCN - According to the MoF, the Ministry will amend and supplement regulations in Article 5 to narrow the entities not subject to VAT; revise Article 8 of the Law on VAT to narrow the 5% taxable entities.
State Treasury flexible in managing volume of government bond issuance in 2023

State Treasury flexible in managing volume of government bond issuance in 2023

VCN - In 2023, the State Treasury will closely monitor market developments, central budget collection, plan to repay due principal and capability of public investment disbursement to appropriately manage the volume of government bond issuance.
Securities companies set different targets for 2023

Securities companies set different targets for 2023

Although 2023 is forecast to be a difficult year, many securities companies still set a target of positive profit growth in 2023, besides some others adopting more prudent plans.
Which items are subject to excise tax?

Which items are subject to excise tax?

The Ministry of Finance proposes to apply excise tax on some products and services with limited use.
Banks granted credit room

Banks granted credit room

According to the Vietnam Confederation of Trade and Industry (VCCI), the credit growth limitation is one of the most influential policies in the banking system of Vietnam, but its legal basis is not very thin.
The whole finance sector needs to continue making efforts and focusing on completing tasks

The whole finance sector needs to continue making efforts and focusing on completing tasks

An online briefing session to evaluate the implementation of finance-budget work in February 2023 and implement the plan for March 2023 was held by the Ministry of Finance on March 7, 2023.
Discussing digital solutions for public financial management

Discussing digital solutions for public financial management

VCN - On the morning of March 6, the conference "Government technology and public financial management" held by the International Monetary Fund (IMF) was officially launched.
State Treasury promotes digital convenience and facilitates customers

State Treasury promotes digital convenience and facilitates customers

VCN - Digital data in the process of state budget expenditure management is linked, ensuring efficiency and transparency.
Urgently prepare a scenario to apply principles of global minimum tax

Urgently prepare a scenario to apply principles of global minimum tax

Mrs. Huong Vu, General Director of Ernst & Young Vietnam, said that the Government needed specific and drastic action programs to implement the global minimum tax
Enterprises must comply with regulations to enjoy import and export tax incentives

Enterprises must comply with regulations to enjoy import and export tax incentives

VCN - According to Mr. Pham Tuan Anh, economic development requires an amendment to the list of goods classification for imports and exports.
Proposal to pay bond debts with other assets

Proposal to pay bond debts with other assets

VCN - A draft Decree amending, supplementing and suspending a number of provisions in the Decrees that regulate the offering and trading of individual corporate bonds (corporate bonds) in the domestic and international markets (formerly known as the Decre
Maximizing benefits from strict compliance with commitments on import and export tax incentives

Maximizing benefits from strict compliance with commitments on import and export tax incentives

VCN - Customs held a talk show “Take advantages of import and export tax incentives in FTAs to boost economic growth”.
Removing difficulties in implementation of e-invoices generated from cash registers

Removing difficulties in implementation of e-invoices generated from cash registers

VCN - The Tax sector will develop many technical solutions to help taxpayers easily make and receive electronic invoices generated from cash registers for some direct-to-consumer business sectors
State Treasury: Researching and piloting chain technology, AI into operation

State Treasury: Researching and piloting chain technology, AI into operation

Besides administrative reform and modernization of professional activities, the State Treasury continues to modernize information technology, forming the basic steps for digital transformation.
Expedite use of citizen identification number as tax code in 2023

Expedite use of citizen identification number as tax code in 2023

VCN - The General Department of Taxation has used two services to connect with the national population database of the Ministry of Public Security and actively analyzed and predicted tax registration data of taxpayers.
New decree on placement, trading of corporate bonds issued

New decree on placement, trading of corporate bonds issued

The Government has issued a decree on the amendment, supplementation and cancellation of some articles of decrees related to the private placement and trading of privately placed corporate bonds in the domestic market and offering of corporate bonds to the international market.
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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
Foreign investors net sell in Vietnamese market, banking sector attracts interest

Foreign investors net sell in Vietnamese market, banking sector attracts interest

According to BSC, foreign investors sold a net total of VNĐ11.55 trillion across all three exchanges in the first three months of 2024, equivalent to 50.62 per cent of the total net selling value in 2023. The selling pressure came from active funds and ETFs, resulting in a continued net withdrawal state and exerting pressure on the market.
Banks record positive business indicators in Q1 2024

Banks record positive business indicators in Q1 2024

According to experts, the prosperity of the banking industry in the period came from many supporting factors, including favourable policies to credit growth.
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