Typhoon debt relief measures may impact bank profitability in Vietnam
27/09/2024 18:47 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
27/09/2024 09:39 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
27/09/2024 09:37 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
26/09/2024 14:14 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.
Taxation authority to hold dialogue with taxpayers in five localities
26/09/2024 14:13 Finance
The General Department of Taxation will organise a direct dialogue with taxpayers from five provinces and cities to hear feedback on the practical implementation of current tax policies.
HCMC Tax Department focuses on resolving land dossiers as soon as possible
26/09/2024 09:04 Finance
HCMC Tax Department directed tax branches to prioritize and focus resources to resolve land dossiers received from August 1st as soon as possible.
Many banks stop transactions of ATM magnetic cards
15:02 | 25/09/2024 Finance
Many banks have recently announced they are stopping transactions of domestic automated teller machine (ATM) cards with magnetic strips, to ensure security for customers in the context of increasing cybercrimes.
Amending Law on Corporate Income Tax must ensure budget revenue and overcome tax evasion
08:58 | 25/09/2024 Finance
VCN - On September 23, 2024, the National Assembly Standing Committee gave opinions on the draft Law on Corporate Income Tax (amended). Many important contents of the draft Law such as: the scope of regulation of the draft Law; the authority of the Nation
Digital Transformation in financial sector is urgent and important task
09:18 | 24/09/2024 Finance
VCN - The conference under theme “Transforming business processes and information system in the financial sector in the digital age” has affirmed the determination of the Finance sector in effectively implementing the tasks in the Finance Sector Digital T
Insurance creates trust and peace of mind for customers affected by typhoon No. 3
10:05 | 23/09/2024 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
09:07 | 22/09/2024 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
08:40 | 21/09/2024 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
08:39 | 21/09/2024 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
16:19 | 20/09/2024 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
10:12 | 19/09/2024 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
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.
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FED cuts interest rates: A good opportunity for Vietnam’s exports and investments
11:59 | 05/10/2024 Finance
The U.S. Federal Reserve (FED) has decided to cut interest rates and announced plans for further reductions until 2026.
Developing smart cities through open banking ecosystem
11:57 | 05/10/2024 Finance
VCN - Building smart cities is an inevitable development trend, requiring synchronous digital transformation of many fields, including banking and finance.
Vietnam’s stock market likely to reach 9 million accounts by 2025
13:39 | 04/10/2024 Finance
Vietnam is on track to reach 9 million stock trading accounts by 2025 and 11 million by 2030, CEO of Vietnam Report JSC Vu Dang Vinh has said.
Managing price effectively, reducing pressure on inflation
12:09 | 04/10/2024 Finance
VCN - Timely and effective price management helps control the consumer price index (CPI) and inflation in accordance with the set target.
Important step to soon upgrade stock market
10:21 | 03/10/2024 Finance
VCN - According to experts, the Ministry of Finance's issuance of Circular No. 68/2024/TT-BTC dated September 18, 2024 is an important step in the process towards the goal of improving the quality of the Vietnam’s stock market.
