Credit and access to credit: A problem for banks and businesses
19/03/2024 15:24 Finance
VCN - Since the beginning of the year until now, the Prime Minister, the Government and the State Bank (SBV) have continuously issued instructions to promote credit, but the situation of banks having excess cash and businesses lacking capital is still a c
National brand to helps local businesses extend international reach
19/03/2024 15:12 Finance
Building national brands is important to help local businesses engage deeply in the global value chains and establish reputation in the world’s market, experts have said.
Good management of public debt creates room to implement expansionary fiscal policy
19/03/2024 10:06 Finance
VCN - Public debt safety indicators continue to be strictly controlled in the safe limit. With a lower debt level than the current ceiling rate, and a favorable debt structure, Vietnam has a lot of room to implement expansionary fiscal policy to allocate
Deposit interest rates forecast to hit bottom in Q1 2024
18/03/2024 16:31 Finance
Some private banks have recently started to inch up interest rates mainly for short terms of less than five months to 2.5-3.8 per cent per year to attract more depositors after the Lunar New Year.
Urging issuance of e-invoices in petroleum retail
18/03/2024 15:16 Finance
VCN - The Government, the Prime Minister, the Ministry of Finance and other agencies have issued many instructions to implement electronic invoices on every sale at petroleum retail stores. Besides the achieved results, this work still has difficulties. T
Credit package of VND120 trillion: must be disbursed as soon as conditions are met
18/03/2024 10:21 Finance
Only 28 out of 63 provincial People's Committees have sent documents or announced the list of projects participating in the VND120 trillion credit package
Effectively implement the State's credit capital investments to attract borrowers
11:13 | 17/03/2024 Finance
VCN - According to regulations, Vietnam Development Bank (VDB) is a policy bank operating under the model of a one-member limited liability company with 100% charter capital held by the State and for non-profit purposes.
Foreign investors net sell strongly, VN-Index extends losses
17:45 | 16/03/2024 Finance
The VN-Index closed the week on a negative note, extending its corrections to the second day after soaring above 1,270 points on Wednesday.
Tax Industry actively supports during the peak month of tax settlement
13:56 | 16/03/2024 Finance
VCN - According to direction of the General Department of Taxation, local Tax departments will gather arising problems of taxpayers to issue guidance documents, including the recommendation on errors that taxpayer have made in carrying out tax finalizatio
Vietnam’s stock market meets 7 of 9 criteria for upgrading the stock market
13:50 | 15/03/2024 Finance
VCN - According to Ms. Pham Thi Thuy Linh - Deputy Director of the Market Development Department of the State Securities Commission, the Government issued Decision 1726/QD-CP on the Stock Market Development Strategy until 2030, with the goal of upgrading
Syndicated lending proposed to reduce impacts of loan limit policy
16:04 | 14/03/2024 Finance
A new regulation on reducing the loan limit under the amended Law on Credit Institutions will adversely affect capital supply for enterprises so commercial banks should cooperate in providing syndicated loans for businesses, experts said.
General Department of Taxation holds an online conference to support tax finalization in 2023
10:22 | 14/03/2024 Finance
VCN - To support and guide taxpayers to perform tax finalization in 2023, and realize the goal of digital transformation, diversify forms of communication and support to taxpayers, on March 12, the General Department of Taxation organized an online Confer
MoF holds investment promotion conference themed “Vietnam - Investment Destination” in Japan
10:22 | 14/03/2024 Finance
VCN - The conference attracted representatives from more than 200 leading Japanese and Vietnamese financial institutions, banks, life insurance corporations, investment funds, securities companies, corporations and businesses.
Minister Ho Duc Phoc worked with Mizuho Bank
10:21 | 14/03/2024 Finance
VCN - Speaking at the meeting, Minister Ho Duc Phoc said that the purpose of this delegation's business trip is to contribute to realizing the goals of the Joint Declaration on the Comprehensive Strategic Partnership between Vietnam and Japan which was ju
Creating a breakthrough in financial cooperation between Vietnam and New Zealand
09:38 | 13/03/2024 Finance
VCN - On March 11, within the framework of the official visit to New Zealand of Prime Minister Pham Minh Chinh, Mr. Bui Van Khang, Deputy Minister of Finance of Vietnam and Ms. Caralee McLeish, Executive Director of the Treasury of New Zealand signed a Me
New solutions should be provided for equitization and restructuring of state-owned enterprises
10:12 | 12/03/2024 Finance
VCN - The Ministry of Finance recognized that the equitization, divestment, and restructuring of state-owned enterprises still see slow progress and do not meet the plan assgigned by the Prime Minister.
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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.
