Understanding commitments to make effective use of tariff preferences to implement FTAs
24/05/2023 16:50 Finance
VCN - Workshop on Effective implementation of commitments on preferential export tax and special preferential import tax of Vietnam in implementing free trade agreements (FTAs) has just been held by the Department of International Cooperation (Ministry of
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
08:20 | 21/05/2023 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).
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Old loans must endure higher interest rates temporarily: central bank
15:44 | 19/04/2024 Finance
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
14:15 | 19/04/2024 Finance
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
17:41 | 18/04/2024 Finance
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
10:24 | 18/04/2024 Finance
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
16:25 | 17/04/2024 Finance
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
