Vietnam among world’s earliest in banking digital transformation: forum
29/05/2023 14:33 Finance
Vietnamese banks are among the earliest in the world to make the digital transformation, experts have said.
Measures suggested to guarantee corporate bond market’s stability
29/05/2023 14:31 Finance
Several measures have been suggested at an online seminar held by the Government Portal on May 28 to help the corporate bond market maintain its stability and operate in line with law to aid economic growth.
Rescheduling debts, cancelling fines, late tax payments for more than 1 million people
29/05/2023 10:30 Finance
VCN- The total amount of debt rescheduling, fine and late tax payment cancellation is more than VND 37,500 billion
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
20:10 | 26/05/2023 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
10:18 | 26/05/2023 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
07:03 | 25/05/2023 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
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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
