Finance

Pressure on exchange rate plunges

01/09/2024 18:02 Finance

VCN - Currently, the sharp decrease in pressure on the exchange rate in August thanks to the weakening of the USD, and the maintained and improved stability of Vietnam's macro environment will be a basis for stabilizing the exchange rate in 2024.

Corporate bond trading floor develops strongly after one-year operation

01/09/2024 17:59 Finance

VCN - According to Ms. Vu Thi Thuy Nga, Deputy General Director of HNX, at the time of opening, the market had 19 privately placed corporate bonds of 3 registered placement organizations with a total registered trading value of VND9,060 billion.

Closely and effectively managing State fund

31/08/2024 08:56 Finance

VCN - Following the socio-economic management policies and the state budget estimate for 2024, the State Treasury has managed the state fund proactively, publicly and effectively, thereby ensuring the state budget balance.

New eTax Mobile application 3.2.0 officially launched

31/08/2024 08:56 Finance

VCN - In this new version, users can log with their VneID account, the system will check the account identification level.

Vietnam and Japan promote cooperation

30/08/2024 19:30 Finance

VCN - Japan is currently Việt Nam's biggest ODA provider, and the country’s ODA projects have effectively contributed to the Vietnam’s socio-economic development.

Crypto Assets should be managed rather than prohibited

30/08/2024 19:29 Finance

VCN – The issuance of legal regulations related to crypto asset management contributes to protecting investors, enhancing tax collection capabilities and improving the ability to control money laundering activities, according to experts.

Promptly disseminate policies and enhance effectiveness of state management of prices

13:39 | 30/08/2024 Finance

VCN - The Deputy Minister said that this is a key Law, creating a unified legal framework for the development of a socialist-oriented market economy in accordance with the policies of the Party and the State.

Finance sector urgently amends 7 Laws to remove bottlenecks and promote economic growth

09:09 | 29/08/2024 Finance

The Minister of Finance requested relevant units to promptly implement the shortened process to speed up the progress of law development and ensure quality.

Slow disbursement of public investment capital due to obstacles from policies

14:57 | 28/08/2024 Finance

VCN - Disbursement of public investment capital still has faced many obstacles, mainly focusing on mechanisms and policies related to specialized ministries.

Regulations on capital owner's representative agency at enterprises need to be specified

10:16 | 27/08/2024 Finance

VCN – The identification of capital owner's representative under the draft Law on Management and Management of State Capital at Enterprises is considered to overcome shortcomings of the current law, thereby better exercising the rights and responsibilities of the capital owner's representative for the state-owned enterprises.

New policy promotes green banking development in Việt Nam

14:18 | 26/08/2024 Finance

The State Bank of Vietnam is aiming to make it easier to access green capital for green projects to encourage all credit institutions to participate.

More than VND241 trillion of public investment capital has been paid through the State Treasury

10:10 | 26/08/2024 Finance

The State Treasury has directed the State Treasury of provinces and cities to strengthen discipline and order, and enhance the sense of responsibility of civil servants

Many positive signals in the corporate bond market

10:20 | 25/08/2024 Finance

The corporate bond market is expected to enter a new development phase, gradually improving quality, continuing to develop and deepen.

Revise Law to promote autonomy, and self-determination of the state-owned enterprises

10:45 | 24/08/2024 Finance

VCN - According to Mr. Son, the completion of regulations on State capital management in enterprises will ensure the effectiveness of state capital management and investment in enterprises, create the most favorable conditions for state-owned enterprises

Banks' bad debt reserve buffers continue to thin

10:44 | 24/08/2024 Finance

VCN - Financial reports for the second quarter and the first six months of 2024 banks show that 24 of 29 banks recorded an increase in the ratio of bad debt per total outstanding debt compared to the end of 2023, pushing up the absolute bad debt balance o

Proposal on VAT reduction in electricity bills unreasonable

09:33 | 23/08/2024 Finance

VCN - At the question and answer session at the 36th Session of the National Assembly Standing Committee on August 21, 2024, the Minister of Finance and Minister of Industry and Trade clarified a number of important contents that the deputies concern rela

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Stock market sees notable recovery amid ongoing uncertainties

14:14 | 14/10/2024 Finance

The VN-Index ended the week with impressive gains. However, analysts remain cautious about the sharp decline in liquidity and raise concerns about the sustainability of this upward momentum.

E-commerce tax collection in Hanoi increased by 265%

10:28 | 13/10/2024 Finance

As of August 2024, the Hanoi Tax Department has built a tax management directory for e-commerce business activities including more than 75,000 organizations and individuals

Solving necessary and urgent issues in financial and budgetary sectors

10:57 | 12/10/2024 Finance

VCN - Most of members of the Standing Committee of the National Assembly's Finance and Budgetary Committee agreed that it is necessary to study, amend and supplement laws in the financial sector in order to focus on immediately removing difficulties and i

Banks reduce profit expectations for 2024

14:54 | 11/10/2024 Finance

A majority of banks have lowered their profit expectations for 2024.

A new tax management approach needed to promote business household development

09:19 | 11/10/2024 Finance

VCN - The Tax Department needs to change tax management methods to facilitate the business environment, promote the development of business households, ensure accurate, sufficient, and timely tax collection, and prevent budget losses.

Banks reduce profit expectations for 2024

14:54 | 11/10/2024 Finance

A majority of banks have lowered their profit expectations for 2024.

Realized social investment capital is estimated at VND2,417.2 trillion

14:22 | 09/10/2024 Finance

Lending interest rates tend to decrease, production for export has grown well; policies on tax exemption, reduction, extension and deferral continue to be implemented to support businesses

State budget revenue reached 85.1% of estimate

10:17 | 08/10/2024 Finance

VCN - According to the report on the implementation of the state budget in September and the first 9 months of the year by the Ministry of Finance, the total state budget revenue in September is estimated at VND 94.3 trillion, equal to 5.5% of the estimat

Drastically handle tax debts in the last months of the year

09:41 | 10/10/2024 Finance

VCN - From the beginning of 2024, the General Department of Taxation requested and assigned tax departments to ensure the completion of tax debt collection targets in 2024, and enhance responsibility in tax debt management and collection, contributing to

State-owned banks struggle to increase capital

14:19 | 09/10/2024 Finance

While private joint stock commercial banks have increased capital significantly so far this year, the capital for State-owned commercial banks has remained stagnant.