Central bank demands stronger promotion of cashless payment
30/05/2023 15:24 Finance
The State Bank of Vietnam (SBV) has requested banks, branches of foreign banks, and providers of intermediary payment services to take steps to continue promoting cashless payment and the implementation of the national digital transformation programme.
Minister of Finance: Untie "knot" of public investment requires a law to amend many laws
30/05/2023 10:36 Finance
VCN - At the group meeting, according to the program at the 5th Session of the 15th National Assembly on 25/05/2023, many National Assembly deputies said that a strong solution was needed to remove the "knot" for socio-economic development.
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
07:26 | 27/05/2023 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
20:11 | 26/05/2023 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.
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Closely monitoring market fluctuations to consider appropriate time to adjust prices
09:30 | 26/04/2024 Finance
VCN - According to a report from the Ministry of Finance, in the second quarter and the remaining months of 2024, price management and administration need to ensure good control of inflation and continue to remove difficulties for production and business.
How does the Land Development Fund work effectively?
09:19 | 26/04/2024 Finance
Deputy Minister of Finance Bui Van Khang emphasized the necessity of the development of the Government Decree regulating the Land Development Fund.
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.
