Master skill of classification and code identification to minimize risks
24/05/2023 09:53 Finance
VCN - According to the Vietnam Customs School, classification and HS code identification are always a problem for businesses. Therefore, the Vietnam Customs School organizes training on issues businesses need to know to master the skills of classification
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
20:19 | 20/05/2023 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.
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Without a uniform legal framework, money launderers wolfed down cryptocurrency
10:36 | 27/09/2023 Finance
VCN - Grand View Research's report said that, in spite of spring market, the global blockchain technology market is estimated to reach a value of more than 1,400 billion USD by 2030 with a compound annual growth rate (CAGR) of nearly 86%/year in the perio
Vietnam’s regulatory interest rates to further down in fourth quarter: UOB
18:38 | 26/09/2023 Finance
The United Overseas Bank (UOB) has maintained its economic growth forecast for Vietnam at 5.2% for 2023 and 6% for 2024 while forecasting that Vietnam will continue to cut regulatory interest rates in the remaining months of this year to balance economic growth and inflation pressure.
Flexible and timely supply of capital to businesses at the right time
10:21 | 26/09/2023 Finance
VCN - In this context, promoting credit injection into the economy is an issue of great concern to businesses and management agencies. However, to be able to promote credit, there needs to be solutions from both sides.
Enterprises expect easier access to credit
14:14 | 25/09/2023 Finance
Enterprises expected access to banking credit to be made easier to quench their thirst for capital during the process of recovering production and business.
Digital transformation in the Financial sector as formidable task, requiring high determination and great effort
10:37 | 24/09/2023 Finance
VCN - The workshop has been an annual activity jointly held by the Department of Financial Informatics and Statistics and the Institute of Financial Strategy and Policy to create forum for discussion between managers, financial-budgetary policymakers and
