Promote the implementation of audit recommendations to prevent violations in public financial management

Promote the implementation of audit recommendations to prevent violations in public financial management

Many audit recommendations have been "on hold" for many years, leading to a backlog of financial resolution recommendations amounting to trillions of dong.
The State Treasury ensures budget balance by effectively mobilizing Government bonds

The State Treasury ensures budget balance by effectively mobilizing Government bonds

VCN - According the State Treasury, as of March 20, the total volume of mobilized government bonds reached VND72,774 billion, meeting about 19.2% of the plan in 2024 and 57.3% of the plan for the first quarter of the year.
Pressure on Corporate bond maturity will fall in mid-2024

Pressure on Corporate bond maturity will fall in mid-2024

VCN - According to data compiled by Vietnam Bond Market Association (VBMA) from the Hanoi Stock Exchange (HNX) and the State Securities Commission (SSC), as of March 22, there are three Corporate bond placements with a total value of VND 3,750 billion.
Many obstacles and bottlenecks for the green credit market, green bonds in Vietnam

Many obstacles and bottlenecks for the green credit market, green bonds in Vietnam

At the seminar, experts pointed out the shortcomings in the development of green credit, green bonds as well as proposed some solutions to overcome them.
Lenders asked to maintain loan standards to ensure credit safety

Lenders asked to maintain loan standards to ensure credit safety

The central bank is calling on lenders to facilitate access to capital for businesses, while also maintaining lending standards to ensure the safety of credit amid low demand.
Over 163,000 new stock trader accounts created during March

Over 163,000 new stock trader accounts created during March

More than 163,000 new stock trader accounts were created during March this year, an increase of over 50,000 accounts compared to January, marking March the month with the most accounts created in the last six months, according to the Vietnam Securities Depository and Clearing Corporation (VSDC).
The SBV is ready to actively use tools to ensure exchange rate stability

The SBV is ready to actively use tools to ensure exchange rate stability

VCN - According to Standing Deputy Governor of the State Bank (SBV) Dao Minh Tu, monetary policy tools are needed to manage exchange rates, but communication elements are needed to create confidence in the market and avoid the psychology of hoarding. hold
Minister of Finance Ho Duc Phoc joins ASEAN meetings

Minister of Finance Ho Duc Phoc joins ASEAN meetings

VCN - Minister of Finance Ho Duc Phoc attended meetings between ASEAN finance ministers and central bank governors and the EU-ASEAN Business Council (EU-ABC), the US- ASEAN Business Council (US ABC), and the APEC Business Advisory Council (ABAC) in Luang
Striving to achieve and exceed the targets and objectives for 2024

Striving to achieve and exceed the targets and objectives for 2024

VCN - On April 3rd, in the afternoon at Hanoi, following the regular government session that morning, the Government Office hosted the routine March 2024 Government press briefing.
Effective inspection and supervision - a key factor for a transparent stock market

Effective inspection and supervision - a key factor for a transparent stock market

Securities Law officially took effect since 2019, the average annual number of penalty decisions has more than doubled compared to the period 2015-2020
HoSE

HoSE's stock market capitalisation in March rises by 3.1% compared to February

The stock market capitalisation on the HCM Stock Exchange in March increased by 23.1 per cent from the end of 2023.
The Financial Inspectorate carries out "focus and emphasis" to improve work efficiency

The Financial Inspectorate carries out "focus and emphasis" to improve work efficiency

VCN - Currently, the inspection law related to the Finance sector has many new positive points, thereby helping the financial inspection system continue to improve efficiency and carry out focused and important tasks.
Personal Income Tax Law to be amended in 2025

Personal Income Tax Law to be amended in 2025

VCN - On March 29, answering questions from the press at the Ministry of Finance's regular press conference for the first quarter of 2024, the leader of the Department of Management and Supervision of Tax, Charges and Fees Policy (Ministry of Finance) sai
Vietnamese stocks on FTSE Russell waiting list for upgrading

Vietnamese stocks on FTSE Russell waiting list for upgrading

VCN - Vietnam remains on the watch list for a possible reclassification from frontier to secondary emerging market and will be updated to Waiting List status for upgrading in September 2024, according to the FTSE ‘s Country Classification review in March.
The Government plans to borrow maximum of VND676,057 billion and repay debt of VND453,990 billion in 2024

The Government plans to borrow maximum of VND676,057 billion and repay debt of VND453,990 billion in 2024

VCN - The Government's loan sources are mobilized from issuing Government bonds, ODA loans, and foreign preferential loans; or other legal financial sources.
Digitalizing procedure for social welfare payment at State Treasury

Digitalizing procedure for social welfare payment at State Treasury

Promoting the digitalization and electronicization of revenue and expenditure transactions at the State Treasury has been identified as one of the most important tasks.
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Strong digital transformation in tax management

Strong digital transformation in tax management

VCN - In the context of the Government's drastic direction in implementing the National Digital Transformation Program, building e-Government, digital Government, and digital economy, the Tax industry has made strong strides in digital transformation, cre
The State Treasury focuses on solutions to ensure revenue, expenditure and budget management

The State Treasury focuses on solutions to ensure revenue, expenditure and budget management

In the first months of 2024, the State Treasury (SBV) has actively implemented many solutions in state budget revenue and expenditure as well as flexible and safe management of the budget.
Minister of Finance: Efforts to increase revenue without affecting "health" of businesses

Minister of Finance: Efforts to increase revenue without affecting "health" of businesses

VCN - Minister of Finance Ho Duc Phoc stated that the Ministry of Finance has tried to find every solution to revenue without affecting the financial health and production and business of enterprises.
Banks to offer more shares to foreign investors

Banks to offer more shares to foreign investors

Many banks are planning to sell shares to foreign investors with the aim of attracting more diverse capital and enhancing competitiveness.
Publicize and clarify responsibilities in delaying final settlement of public investment capital for completed projects

Publicize and clarify responsibilities in delaying final settlement of public investment capital for completed projects

VCN - The Ministry of Finance publicly announced the final settlement of public investment capital for completed projects in 2023 of ministries, central agencies, corporations, state corporations, and People's Committees of provinces and centrally run cit
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