Promoting comprehensive bilateral financial cooperation between Vietnam and Australia
03/08/2024 08:36 Finance
Continuing the working trip, in the afternoon of August 1st, Minister Ho Duc Phoc and the delegation from the Ministry of Finance had a working session with the Australian Treasury.
Ho Chi Minh City’s revenue reaches over VND300,000 billion
02/08/2024 14:11 Finance
VCN - The revenue from crude oil drops 13.2% to VND12,483 billion, meeting 69.7% of the estimate, accounting for 4% of the total balance revenue…
The State revenue in the first seven months of 2024 reaches 69.8% of estimate
02/08/2024 09:50 Finance
VCN - Specifically, the State budget revenue in July totaled about VND150 trillion. Accumulated total state revenue in the first 7 months of 2024 is estimated at VND1,188.1 trillion, meeting 69.8% of the estimate and 14.6% over the same period last year.
State earns nearly VND1,200 trillion in first seven months
01/08/2024 13:51 Finance
VCN - According to the General Statistics Office, state budget revenue in the first seven months of 2024 is estimated to increase by 14.6% year-on-year. State budget spending is estimated to increase by 0.6% year-on-year, meeting the needs of socio-econom
Public investment disbursement in 7 months lower than same period last year
01/08/2024 13:44 Finance
VCN - According to a report from the Ministry of Finance, the estimated disbursement rate of public investment capital in 2024 of the whole country by the end of July will reach 32.22% of the total plan, lower than the same period in 2023 and some ministr
Investment capital from the State Budget in July estimates at VND57.6 trillion
01/08/2024 09:39 Finance
VCN - According to the General Statistics Office, the investment capital from the State budget continues to be implemented by ministries, branches and localities.
No direct intervention in salary and bonus policies of state-owned enterprises
14:08 | 31/07/2024 Finance
The draft Law on Management and Investment of State Capital in Enterprises stipulates that enterprises decide on their own salary and bonus policies, and the State does not directly intervene in the salary and bonus policies of enterprises.
Mobilizing government bonds to ensure budget balance and reduce debt repayment pressure
14:07 | 31/07/2024 Finance
The State Treasury focused on organizing the issuance of government bonds in accordance with the need to repay principal and the situation of revenue, expenditure, and central budget balance
The Finance industry improves efficiency of inspection and examination
09:22 | 28/07/2024 Finance
VCN – Thanks to effective cooperation with units inside and outside the Finance industry, the efficiency of inspections and examinations has been improved, thereby directly serving the financial and budget management of the Ministry of Finance.
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
The corporate bond market will be more vibrant in the second half of the year
08:20 | 23/07/2024 Finance
VCN - In the first half of 2024, with bond maturity pressure continuing to increase, corporate bond issuance has shown many positive signs compared to the previous year. According to forecasts, businesses' need to borrow and issue corporate bonds will acc
Prioritize resources and promptly supplement capital for policy credit
10:06 | 22/07/2024 Finance
VCN - According to the VBSP, by the end of June, total policy credit capital rose 7.6% year-on-year to VND 372,723 billion, including entrusted capital from the local budget at VND46,929 billion, an increase of VND7,755 billion, accounting for 12.6%.
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Control of major shareholders in banks
09:25 | 16/09/2024 Finance
In compliance with the provisions of the Law on Credit Institutions 2024, banks have made public the list of information on shareholders owning 1% or more of shares.
Banks reduce interest rates, offer new loans for storm-affected customers
18:40 | 15/09/2024 Finance
Several private and State-owned banks have reduced interest rates and offered debt relief for customers affected by Typhoon Yagi.
Allocating credit room, motivation for banks to compete
19:14 | 14/09/2024 Finance
The State Bank of Vietnam (SBV) has announced that it will allocate the credit growth limit (room) for banks that have achieved 80% of their target.
New securities accounts in August reach record high in over two years
14:20 | 13/09/2024 Finance
August saw the highest number of new securities accounts opened in more than two years, dating back to May 2022.
Fiscal policy needs to return to normal
09:46 | 13/09/2024 Finance
VCN - Talking to Customs Magazine about the role and orientation of fiscal policy in the new period, Dr. Le Duy Binh, CEO of Economica Vietnam, affirmed that returning to normal fiscal policy is a message that is consistent with current reality.
