The 30th APEC Finance Ministers' Conference was a great success
17/11/2023 15:08 Finance
VCN - As part of the 2023 APEC Finance Ministers' Process, the 30th APEC Finance Ministers' Conference was held in San Francisco, USA. Receiving the invitation of US Finance Minister Janet L. Yellen, Minister Ho Duc Phoc led the Vietnamese delegation of t
Repayment pressure on corporate bonds to peak next year
17/11/2023 15:07 Finance
Total corporate bonds set to mature in 2024 will reach 329.5 trillion VND (13.5 billion USD), the highest in three years, according to a report by the Ho Chi Minh City Real Estate Association (HoREA).
Minister of Finance Ho Duc Phoc chaired the Investment Promotion Conference in the US
17/11/2023 10:52 Finance
VCN - Speaking at the opening of the conference, Minister of Finance Ho Duc Phoc stated the positive signs in the Vietnamese macroeconomy, the Government's development policies, and the implementation of the socio-economic development strategy.
Vietnam's M&A attractive to foreign investors
16/11/2023 15:20 Finance
An influx of new capital from European and US firms into Vietnam has become noticeable, with the local mergers and acquisitions (M&A) market expected to maintain its attractiveness despite its relatively modest scale.
Enhancing the application of risk management in tax administration and preventing tax loss
16/11/2023 09:51 Finance
VCN - Recent developments show that some taxpayers, exploiting the leniency of mechanisms and policies, have established companies mainly for illegal activities such as buying and selling fake invoices.
Central bank ceases bill issue amid increasing interbank interest rates
14/11/2023 15:00 Finance
The State Bank of Vietnam (SBV) has ceased bill issue after nearly two months of using the channel to withdraw cash out of the banking system.
Digital transformation of Customs and Taxation brings many benefits
09:37 | 13/11/2023 Finance
VCN - Discussing at the 2023 Tax - Customs Forum, Dr. Can Van Luc said that the digital transformation of the Customs and Tax sectors has had very positive impacts on people and businesses, thereby creating new deep impression.
Tax sector’s revenue estimated at over VND 1.2 million billion
19:57 | 11/11/2023 Finance
VCN – The total revenue collected by the Tax sector in October reached VND 151,000 billion, meeting 11% of the estimate and 81.1% year-on-year, the General Department of Taxation released.
People and businesses highly appreciate the digital transformation of the Finance Sector
11:03 | 11/11/2023 Finance
VCN - For the past 7 consecutive years, the Ministry of Finance has always ranked first in the index of readiness for the development and application of information and communications technology (ICT Index).
Application of global minimum tax necessary: officials
16:13 | 10/11/2023 Finance
The National Assembly (NA) on November 10 listened to the proposal on a draft resolution on the imposition of top-up corporate income tax under the Global Anti-Base Erosion (GloBE) rules, and a verification report on this draft.
Promote administrative reform and electronicize tax management through the application of information technology
10:03 | 10/11/2023 Finance
VCN - Through review, the General Department of Taxation has selected 19 tools that meet tax management requirements.
Finance sector strives to complete budget collection task
10:02 | 10/11/2023 Finance
VCN - On the afternoon of November 8, the Ministry of Finance organized an online conference to report the budget work in October, deploy tasks for November and the last months of 2023. Deputy Minister of Finance Vo Thanh Hung chaired the conference.
Minister of Finance states reason for not abolishing compulsory insurance for motorbikes
14:38 | 09/11/2023 Finance
VCN - At the question and answer session on November 6, National Assembly delegate Huynh Thi Phuc (Ba Ria - Vung Tau delegation) asked about the Ministry of Finance's opinion on abolishing compulsory motorbike insurance.
Fiscal policy expansion to bolster economic revival
14:35 | 09/11/2023 Finance
VCN - In response to socio-economic fluctuations, the Ministry of Finance, after deploying a series of tax, fee, charge, and land rent relief measures in 2023, continues to devise supportive policies for the commercial sector in 2024, earning commendation
Handling public assets to ensure effective use
13:54 | 08/11/2023 Finance
VCN - Delegate Duong Minh Anh (Hanoi delegation) asked Minister of Finance about problems related to the public asset management, law on management and use of public assets, finance, and land. Some legal documents in the management and use of public asset
Corporate bonds worth over 8.61 billion USD issued in 10 months
14:58 | 07/11/2023 Finance
Over 209.15 trillion VND (over 8.61 billion USD) was raised from the issuance of corporate bonds in the first 10 months of 2023, according to data compiled by the Vietnam Bond Market Association (VBMA) from the Hanoi Stock Exchange (HNX) and the State Securities Commission (SSC).
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Ensure expenditure control and quick processing of public investment payment documents
08:02 | 27/07/2024 Finance
VCN - In the first half of 2024, the State Treasury system has allocated VND 484,035 billion of recurrent expenditure, meeting 38.1% of the 2024 recurrent expenditure estimate of the State budget through the State Treasury. Compared to the same period in
Perfecting the legal framework to promote upgrading the stock market
08:18 | 26/07/2024 Finance
State Securities Commission has completed a draft circular amending 4 circulars regulating: stock trading on the system; clearing and settlement; operations of securities companies and information disclosure.
Margin loan continues hit new record
09:20 | 25/07/2024 Finance
The need to use leverage in the stock market is still very high, shown by the level of outstanding loans at securities companies continuing to increase sharply in the second quarter of 2024.
Vietnam needs comprehensive regulatory framework to attract green financing
14:11 | 24/07/2024 Finance
Vietnam needs a clear regulatory framework and solutions to promote the green finance market and encourage private capital flows into green fields, experts have said.
2025 budget estimation must be practical, accurate and efficient
14:38 | 23/07/2024 Finance
VCN - Directing the 2025 state budget estimation, Minister of Finance Ho Duc Phoc emphasized that units must ensure that the 2025 budget estimation must be practical, accurate, efficient, and meet the requirements for performing professional and political
