Việt Nam tightens fruit inspections after warning from China Brand building key to elevate Vietnamese fruit and vegetable sector: experts SBV makes significant net withdrawal to stabilise exchange rate
SBV gives the green light to increase credit

SBV gives the green light to increase credit

09/09/2024 19:45 Finance

Commercial banks and other credit institutes whose credit growth reached 80% of the targets set by the central bank at the beginning of the year, will have their credit limit increased, stated the State Bank of Vietnam (SBV).
Accurate information, improving quality of state financial statement

Accurate information, improving quality of state financial statement

09/09/2024 07:53 Finance

VCN - The preparation of state financial statement has been significantly improved for units in the State Treasury as well as at financial information providers, thereby assessing the state financial picture transparently and comprehensively.
Strive to achieve State revenue in 2024 exceeding 10% of the target

Strive to achieve State revenue in 2024 exceeding 10% of the target

08/09/2024 09:34 Finance

VCN - Accordingly, the Prime Minister directs ministries, agencies, and localities to effectively implement key solutions and tasks to promote administrative procedure reform, improve the investment and business environment, enhance national competitivene
Continue to publicly disburse public investment capital, many key projects have low rates

Continue to publicly disburse public investment capital, many key projects have low rates

07/09/2024 09:01 Finance

The Ministry of Finance continues to publicize the disbursement rate of public investment capital plans of many key projects, notably that many projects and component projects have very low disbursement rates.
Public investment disbursement rate in 8 months reaches about 40.5% of the plan

Public investment disbursement rate in 8 months reaches about 40.5% of the plan

06/09/2024 09:13 Finance

VCN - The disbursement for the Socio-Economic Recovery and Development Program is VND 4,931.4 billion (reaching 79.32% of the plan assigned by the Prime Minister), the National Target Program is VND 13,812.4 billion (reaching 50.74% of the plan assigned b
State revenue in 8 months increased by about 18%

State revenue in 8 months increased by about 18%

05/09/2024 16:16 Finance

VCN - According to the Ministry of Finance, the total revenue is estimated at VND101.3 trillion, meeting 6% of the estimate, and 57.5% of the average revenue of the first 7 months of the year.
Challenges of collecting e-commerce tax losses

Challenges of collecting e-commerce tax losses

14:27 | 04/09/2024 Finance

Digital transformation is an inevitable trend that changes the way goods and services are consumed and supplied, especially activities on digital platforms, making tax management more complicated.
Green finance brings both new opportunities, challenges to Vietnam: Experts

Green finance brings both new opportunities, challenges to Vietnam: Experts

19:39 | 03/09/2024 Finance

The promotion of green and sustainable financial development has created both new opportunities and challenges for the financial system in Vietnam, according to experts.
Vietnam has 4 enterprises providing credit rating services

Vietnam has 4 enterprises providing credit rating services

09:28 | 03/09/2024 Finance

VCN - The Ministry of Finance said that, according to the provisions of Decree No. 88/2014/ND-CP, enterprises providing credit rating services must be granted a Certificate of eligibility to provide credit rating services by the Ministry of Finance.
Banks minimize costs, optimize profits

Banks minimize costs, optimize profits

19:05 | 02/09/2024 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

Amending the law to unblock and effectively use public property

08:26 | 02/09/2024 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

Pressure on exchange rate plunges

18:02 | 01/09/2024 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

Corporate bond trading floor develops strongly after one-year operation

17:59 | 01/09/2024 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

Closely and effectively managing State fund

08:56 | 31/08/2024 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

New eTax Mobile application 3.2.0 officially launched

08:56 | 31/08/2024 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

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.
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SBV makes significant net withdrawal to stabilise exchange rate

SBV makes significant net withdrawal to stabilise exchange rate

07:59 | 15/01/2025 Finance

Analysis shows it’s an intervention to manage system liquidity.
Việt Nam could maintain inflation between 3.5–4.5% in 2025: experts

Việt Nam could maintain inflation between 3.5–4.5% in 2025: experts

06:19 | 11/01/2025 Finance

The forecasts were presented by experts at the scientific conference titled ’Market and Price Developments in Việt Nam in 2024 and Forecasts for 2025’ organised by the Institute of Economics and Finance and the Price Management Department on January 9 in Hà Nội.
Banking industry to focus on bad debt handling targets in 2025

Banking industry to focus on bad debt handling targets in 2025

14:38 | 03/01/2025 Finance

The non-performing loan (NPL) ratio of the banking system (excluding NPLs of weak commercial banks) needs to be controlled at below 3 per cent by the end of 2025.
State Bank sets higher credit growth target for 2025

State Bank sets higher credit growth target for 2025

15:22 | 31/12/2024 Finance

The credit growth target for the banking system in 2025 has been set higher than in 2024.
Outlook for lending rates in 2025?

Outlook for lending rates in 2025?

15:20 | 31/12/2024 Finance

VCN - According to the SBV, in managing interest rates in 2024, the SBV will continue to maintain the operating interest rates amid the global world interest rates remaining at high levels.
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