Attract foreign capital into the stock market
23/05/2023 13:57 Finance
VCN - The continuous raising of interest rates by US Federal Reserve System (FED), making the rate rise to the highest level since the global crisis in 2008, has caused global capital flows to be unstable when costs increase.
State Bank explains why lending interest rates are still high
23/05/2023 13:51 Finance
VCN - Information on the management of monetary policy and new interest rates announced by the State Bank of Vietnam said that, based on the management and direction of the State Bank, up to now, the interest rate level has been stable, new interest rates
Utilize benefits from compliance with commitments on import and export duties
22/05/2023 13:46 Finance
VCN - The Decrees are consistent with the guidelines and policies of the Party, constitutionality and legality; ensure consistency in the legal system and are in line with international treaties to which Vietnam is a member.
Proposing not to reduce VAT for all goods and services
22/05/2023 13:45 Finance
VCN - Receiving comments from the Standing Committee of the National Assembly at the meeting on May 13, the Government has just submitted a report to the National Assembly on continuing to implement the value-added tax reduction policy (VAT) of 2% accordi
Overspending in 2022 drops but still ensures payment for economic recovery program
21/05/2023 08:20 Finance
VCN - In 2022 and the first months of 2023, fiscal policies have been operated proactively and flexibly, helping remove many difficulties for businesses and people. In which, the overspending decreased compared to the estimate and report but still ensured
Identify risks and provide solutions in state revenue management
20/05/2023 20:19 Finance
VCN - The total tax revenue in the first four months of the year was estimated at VND578,035 billion, meeting 42.1% compared with the estimate and 100.7% compared with the year 2022.
Banking sector invests big in digital transformation
20:18 | 20/05/2023 Finance
Vietnam's banking sector has invested over VND15,000 trillion in digital transformation by the end of 2022, according to the State Bank of Vietnam (SBV).
The Ministry of Finance focuses on effectively implementing core information systems
09:19 | 20/05/2023 Finance
VCN - With the view of taking people's satisfaction, businesses are a measure of service quality assessment to direct the implementation of many reform and modernization activities, the Ministry of Finance and the digital economy have synchronously deploy
Positive signals in price management
10:13 | 18/05/2023 Finance
VCN - Average CPI in the first four months of 2023 increased by 3.84% year-on-year; core inflation increased by 4.9%, higher than the average CPI.
Earning nearly VND 180 billion in four months of 2023 from divestment of five enterprises
09:42 | 17/05/2023 Finance
VCN - According to the latest report from the Ministry of Finance, by the end of April, groups, corporations and state-owned enterprises have divested capital in five enterprises, earning nearly VND180 billion.
Charter capital of banks to increase sharply in 2023
16:48 | 15/05/2023 Finance
Many banks plan to increase their charter capital in 2023 in order to ensure operational safety and have more resources for business development.
Banks' bad debt burden is getting "bigger"
14:44 | 15/05/2023 Finance
VCN - Results from the financial statements of the first quarter of 2023 of 27 banks listed on the stock market showed that many banks increased their bad debt by 50-70%.
Piloting use of recurrent spending funds to renovate existing works
09:06 | 14/05/2023 Finance
VCN - The Government has just issued Resolution 71/NQ-CP dated May 6, 2023, on piloting the use of recurrent spending funds to renovate, upgrade, expand and build new items in existing facilities and works.
Bank lending interest rates will be cut at appropriate time: SBV chief
16:21 | 13/05/2023 Finance
Reducing interest rates, maintaining interest subsidies, hiking credit limits, and providing unsecured loans to manufacturing businesses are among the demands made by businesses in the south-eastern region to the State Bank of Vietnam (SBV).
Ministry of Finance closely follows the "health" of businesses, promptly removing difficulties
09:54 | 13/05/2023 Finance
VCN - In the afternoon of May 8, the Ministry of Finance held an online briefing to evaluate the work performance in April 2023 and implement the work plan in May 2023. Deputy Minister of Finance Nguyen Duc Chi chaired the conference.
performance in
Insist on the goal of removing difficulties for people and businesses, Minister Ho Duc Phoc
09:51 | 13/05/2023 Finance
VCN - At a meeting with voters in Phu My district (Binh Dinh province) on the morning of May 9, Minister of Finance Ho Duc Phoc affirmed that the Government and the Ministry of Finance will continue to be steadfast in their goal of removing difficulties a
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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
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
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).
