10 export groups with an increase of nearly US$30 billion Vietnam on quest for specialty coffee development Vietnam's logistics sector embraces green transition amid global pressure
Insurance creates trust and peace of mind for customers affected by typhoon No. 3

Insurance creates trust and peace of mind for customers affected by typhoon No. 3

23/09/2024 10:05 Finance

VCN - The Insurance Supervisory Authority (ISA) initially estimated that the total compensation for human and property losses is approximately VND 7,000 billion. However, with the severe damage caused by typhoon No. 3 (Yagi) and the post-storm circulation
Foreign institutional investors allowed to buy stocks without 100 percent pre-funding -trading

Foreign institutional investors allowed to buy stocks without 100 percent pre-funding -trading

22/09/2024 09:07 Finance

VCN - The issuance of Circular 68/2024/TT-BTC by the Ministry of Finance is considered a solution to remove a major bottleneck in upgrading the stock market related to the abolition of the regulation on pre-trading margin requirement for foreign instituti
Anti-corruption in Finance: Resolutely eliminating cumbersome administrative procedures

Anti-corruption in Finance: Resolutely eliminating cumbersome administrative procedures

21/09/2024 08:40 Finance

VCN - The Ministry of Finance identifies administrative reform and simplification of regulations related to business activities as key solutions for preventing and combating corruption and negativity.
Proactively mobilizing financial resources from the budget to modernize tax management

Proactively mobilizing financial resources from the budget to modernize tax management

21/09/2024 08:39 Finance

The regulation of financial resources from the budget, proactively arranging modernization funds, investing in information technology (IT) applications, digital transformation... in a timely manner is very important
Urging credit flow into production and business sectors

Urging credit flow into production and business sectors

20/09/2024 16:19 Finance

VCN - With the fluctuations in the market, investment cash flows are shifting to diversify and choose the most suitable profit channel. As with stocks, since the beginning of the year, the number of newly opened securities accounts has continuously increa
Tax authority handles 9.6 billion of e-invoices

Tax authority handles 9.6 billion of e-invoices

19/09/2024 10:12 Finance

General Department of Taxation said that from the implementation to August 19, 2024, the number of e-invoices received and processed by the Tax authority was 9.6 billion.
Strictly handle price gouging and stabilize consumer sentiment after storms and floods

Strictly handle price gouging and stabilize consumer sentiment after storms and floods

09:32 | 18/09/2024 Finance

VCN - According to market surveys by the Department of Price Management), the prices of rice and meat are relatively stable compared to the time before the storm.
General Department of Taxation implements tax exemption, extension of taxes and fees for people and businesses affected by storm No. 3

General Department of Taxation implements tax exemption, extension of taxes and fees for people and businesses affected by storm No. 3

20:38 | 17/09/2024 Finance

VCN - According to instruction, enterprises will be exempted and extended many taxes: Personal Income Tax, Corporate Income Tax, Special Consumption Tax, VAT deduction, Resource Tax, and non-agricultural land use tax.
Insurance brings peace of mind to customers during Yagi typhoon

Insurance brings peace of mind to customers during Yagi typhoon

20:34 | 17/09/2024 Finance

The Insurance Supervision Authority (Ministry of Finance) initially estimated that the total amount of insurance paid for human and property damage was about VND7,000 billion.
Banks lend significant amounts to green projects

Banks lend significant amounts to green projects

20:29 | 17/09/2024 Finance

Many banks have recently poured thousands of billions of Vietnamese dong into green projects.
Curbing stock market manipulation

Curbing stock market manipulation

10:15 | 17/09/2024 Finance

Amending and supplementing a number of articles of the Law on Securities is necessary to ensure that the securities market operates more transparently and effectively
Control of major shareholders in banks

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

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

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

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

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.
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Capital market could be major financial source for private sector: WB

Capital market could be major financial source for private sector: WB

16:10 | 29/09/2024 Finance

The Vietnamese equity market boasts strong potential to become a major source of financing for the private sector, according to specialists from the World Bank.
Typhoon debt relief measures may impact bank profitability in Vietnam

Typhoon debt relief measures may impact bank profitability in Vietnam

18:47 | 27/09/2024 Finance

Vietnamese banks' profitability is expected to be squeezed following their provision of debt relief to support borrowers affected by a recent deadly typhoon, according to the latest report by S&P Global Ratings.
VAT reduction is necessary but not tool used every recession: Canadian expert

VAT reduction is necessary but not tool used every recession: Canadian expert

09:39 | 27/09/2024 Finance

VCN - The main topic of the dialogue session focused on fiscal policy, including two main contents: sharing on fiscal policy management and state revenue forecasting models; sharing experiences on the fiscal risk management framework.
Vietnam to achieve credit rating as set target

Vietnam to achieve credit rating as set target

09:37 | 27/09/2024 Finance

VCN - With the current credit rating scale, Vietnam is getting closer to the target of raising the investment rating grade by 2030 set out in the National Credit Rating Improvement Project by 2030.
Control cash flow, target the right segment

Control cash flow, target the right segment

14:14 | 26/09/2024 Finance

This is the opinion of Dr. Nguyen Van Dinh, Vice President of Vietnam Real Estate Association in an interview with reporters about the difficulties in capital sources in the current real estate market.
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