Managing balance between exchange rate and inflation
28/05/2023 09:27 Finance
VCN - Currently, foreign exchange rate fluctuations in Vietnam are assessed at an acceptable level, helping to increase foreign exchange reserves. With exchange rate stability, inflation control is also forecasted to have fiscal space to control according
MoF plans to supervise law enforcement in key and interdisciplinary areas
27/05/2023 07:26 Finance
VCN - The Plan aims to comprehensively implement Government's Decree No. 59/2012/ND-CP regulations and Decree No. 32/2020/ND-CP, amending and supplementing some articles of the Government's Decree No. 59/2012/ND-CP.
Country saves nearly VND54,000 billion
26/05/2023 20:11 Finance
VCN - Minister of Finance Ho Duc Phuc said that in 2022, despite many difficulties and challenges in the domestic and international context, implementing tasks and solutions to practice saving and prevent wasting in 2022 has achieved many positive results
Dozens of commercial banks cut savings interest rates
26/05/2023 20:10 Finance
Dozens of commercial banks have simultaneously decided to reduce deposit interest rates from May 25, after the State Bank's decision to cut policy interest rates.
Review and amend the Law on Personal Income Tax in tandem with international practices
26/05/2023 10:18 Finance
VCN - Voters in Da Nang proposed the Ministry of Finance to advise the Government to submit to the National Assembly for amendment of the Law on Personal Income Tax to increase the level of family circumstance-based deduction for taxpayer’s dependents.
State Treasury improves customer service quality
25/05/2023 07:03 Finance
VCN - The State Treasury (State Treasury) is surveying to assess the satisfaction level of individuals and organizations with the service of the State Treasury.From the survey results, the State Treasury will capture the evaluation opinions of organizatio
Understanding commitments to make effective use of tariff preferences to implement FTAs
16:50 | 24/05/2023 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
09:53 | 24/05/2023 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
13:57 | 23/05/2023 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
13:51 | 23/05/2023 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
13:46 | 22/05/2023 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
13:45 | 22/05/2023 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
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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).
Support clearance procedures for imported gold for bidding
09:33 | 23/04/2024 Finance
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
09:32 | 23/04/2024 Finance
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
