Banks minimize costs, optimize profits
02/09/2024 19:05 Finance
In the first months of the year, banks' ability to optimize costs has improved significantly, especially when many banks have actively transformed digitally and cut costs in the context of a difficult economy.
Amending the law to unblock and effectively use public property
02/09/2024 08:26 Finance
Amending and supplementing the Law on Management and Use of Public Property will strengthen decentralization, simplify administrative procedures, increase initiative and self-responsibility for grassroots
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
19:30 | 30/08/2024 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
19:29 | 30/08/2024 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
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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-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.
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
Budget expenditure in the first three quarters of 2024 reached about VND 1,256.3 trillion
10:13 | 08/10/2024 Finance
The Ministry of Finance said that in the first 9 months of 2024, the state budget spent about VND 1,256.3 trillion, equal to 59.3% of current apropriation, an increase of 1.4% over the same period in 2023.
Increasing institutional investors – improving quality of corporate bond market
10:52 | 07/10/2024 Finance
VCN - The structure and quality of investors have been one of the limitations of the corporate bond market in recent times. To improve the quality of the market, increasing institutional investors and improving the quality of investors, including individu
