State-owned enterprises flourished
19/04/2024 14:15 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
18/04/2024 17:41 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
18/04/2024 10:24 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
17/04/2024 16:25 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
Foreign investors net sell in Vietnamese market, banking sector attracts interest
17/04/2024 16:13 Finance
According to BSC, foreign investors sold a net total of VNĐ11.55 trillion across all three exchanges in the first three months of 2024, equivalent to 50.62 per cent of the total net selling value in 2023. The selling pressure came from active funds and ETFs, resulting in a continued net withdrawal state and exerting pressure on the market.
Banks record positive business indicators in Q1 2024
16/04/2024 14:20 Finance
According to experts, the prosperity of the banking industry in the period came from many supporting factors, including favourable policies to credit growth.
The finance sector focuses on perfecting institutions, ensuring financial discipline, and budgetary rigor
10:00 | 16/04/2024 Finance
VCN - According to the report from the Ministry of Finance, the cumulative state budget revenue in the first quarter of 2024 reached 539.5 trillion VND, equal to 31.7% of the estimate, an increase of 9.8% compared to the same period in 2023.
IASB recommends Vietnam prepare infrastructure to apply IFRS
09:57 | 16/04/2024 Finance
VCN - Applying “International Financial Reporting Standards (IFRS) will help businesses improve the quality of financial reporting and enhance the quality of explanation, but there are still many difficulties in transformation.
Strong decentralization for ministries, branches and localities to manage and use electricity projects
10:50 | 15/04/2024 Finance
The Ministry of Finance has submitted to the Government to promulgate Decree No. 02. /2024/ND-CP on transferring power projects as public assets to Vietnam Electricity Group (EVN).
The Tax sector’s revenue collection reached 33% of current appropriation
10:50 | 15/04/2024 Finance
In the first quarter of the year, total revenue managed by Tax agency was estimated at VND490,196 billion, equal to 116.9% of the current appropriation in the first quarter,
Savings interest rates begin rising amid slowing bank deposits
17:58 | 14/04/2024 Finance
While some commercial banks continue lowering deposit interest rates, others are increasing the rates, particularly for term deposits of 12 months or longer.
Ministry of Finance conducts general verification of public assets
17:07 | 14/04/2024 Finance
The Ministry of Finance issued Decision No.798/QĐ-BTC on the plan for implementing general verification of public assets at agencies, organizations, and units
Removing bottlenecks to develop the green bond market
17:05 | 14/04/2024 Finance
VCN - To achieve green growth goals, Vietnam needs huge resources. According to estimates by the Asian Development Bank (ADB), this resource is about US$368 billion for the entire period to 2040, equivalent to US$20 billion per year.
Improving legal framework, ensuring accessibility to green bonds
15:42 | 13/04/2024 Finance
VCN - This is the recommendation of Mr. Nguyen Tung Anh (photo), Head of Credit Risk Research and Sustainable Financial Services (FiinRatings) in an interview with Customs Magazine reporters about green bond market development in Viet Nam.
Foreign experts discuss ways to help Vietnam upgrade stock market
15:37 | 13/04/2024 Finance
Chairwoman of the State Securities Commission (SSC) Vu Thi Chan Phuong has held a working session with representatives from FTSE Russell and Morgan Stanley to discuss how to upgrade the Vietnamese stock market.
Ambitious profit goals of banks
10:32 | 13/04/2024 Finance
VCN - Setting the target of a sharp increase in profit is VPBank. According to the draft 2024submitted to the General Meeting of Shareholders, VPBank targets consolidated pre-tax profit in 2024 to increase by 114% compared to 2023, equivalent to VND 23,16
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SBV ready to intervene to stabilise foreign exchange rate: Deputy Governor
15:41 | 08/05/2024 Finance
The State Bank of Vietnam (VNA) will manage the exchange rate flexibly, adjusting in line with general trends while still ensuring macro-economic stability and foreign currency balance, said its Permanent Deputy Governor Dao Minh Tu.
Warn about the fraudulent tricks of stock investment
16:30 | 07/05/2024 Finance
VCN - The police discovered a situation where some scammers set up chat groups, impersonating "experts" to lure investors to join closed groups on social networks, install websites, apps and send money here to invest in securities to appropriate the victi
State budget revenue estimated at VND733.4 trillion
14:40 | 06/05/2024 Finance
VCN - In the first four months of 2024, total state budget revenue is estimated at VND733.4 trillion, equal to 43.1% of the estimate and up 10.1% year-on-year.
Six localities should expedite site clearance and public investment
10:36 | 05/05/2024 Finance
VCN – Six provinces of Binh Thuan, Gia Lai, Dong Nai, Binh Duong, Binh Phuoc and Tay Ninh have disbursement rates lower than the average rate of the country in the first three months of the year, the Ministry of Finance reports.
Banks announce plans to significantly increase capital
15:11 | 04/05/2024 Finance
Many banks have recently announced plans to significantly increase charter capital to improve the capital adequacy ratio (CAR) and strengthen financial potential for credit and business expansion.
