UKVFTA greatly benefits Vietnam-UK trade: Experts Agricultural exports likely to exceed 60 billion USD amid challenges Vietnam-Philippines trade likely to exceed 8 billion USD for first time
State budget revenue estimate 2025 assessed as positive level despite potential challenges

State budget revenue estimate 2025 assessed as positive level despite potential challenges

24/10/2024 14:49 Finance

VCN - The revenue increases by 15.6% compared to the 2024 estimate and by 5% estimated revenue in 2024, and the mobilization rate into the state budget reaches about 16% of GDP.
Banks show positive results during third quarter

Banks show positive results during third quarter

23/10/2024 15:10 Finance

Several banks have recently announced startling business performance results in the third quarter of 2024 and the first nine months of 2024.
More sanctions needed to promote budget transparency

More sanctions needed to promote budget transparency

23/10/2024 13:56 Finance

VCN - The results of the Open Budget Survey (OBS) 2023 recorded positive changes in Vietnam in enhancing budget transparency.
Tax sector determines to take enterprises as the center of service

Tax sector determines to take enterprises as the center of service

23/10/2024 13:42 Finance

That was the affirmation of Deputy General Director of the General Department of Taxation Mai Son at the Tax - Customs forum in 2024 organized by Vietnam Financial Times
Non-bank corporate bonds forecast to recover in year-end months

Non-bank corporate bonds forecast to recover in year-end months

22/10/2024 14:00 Finance

Prospects for credit growth and exchange rates will create favourable conditions for non-bank corporate bonds to recover in the final months of this year, analysts forecast.
Nineteen State-owned enterprises estimate pre-tax profit of over 2 bln USD

Nineteen State-owned enterprises estimate pre-tax profit of over 2 bln USD

21/10/2024 20:01 Finance

Pre-tax profit of parent companies of 19 corporations and parent companies under the Commission for Management of State Capital at Enterprises (CMSC) is estimated to reach 50.36 trillion VND (2.08 billion USD) in the first nine months of the year.
Diversify and innovate securities products to attract foreign investors

Diversify and innovate securities products to attract foreign investors

15:30 | 20/10/2024 Finance

Mr. Kojima Kazunobu, Chief Advisor of JICA, said that Vietnam needs to make more efforts in developing the stock market in both quality and quantity to become a potential market
Efficiency is not commensurate with state capital resources invested in enterprises

Efficiency is not commensurate with state capital resources invested in enterprises

00:00 | 19/10/2024 Finance

VCN - On behalf of the Government, Deputy Prime Minister and Minister of Finance Ho Duc Phoc signed and approved a report to the National Assembly before the 8th Session on investment, management and use of state capital in enterprises nationwide in 2023.
State Treasury to auction VND128,000 billion of government bonds in Q4/2024

State Treasury to auction VND128,000 billion of government bonds in Q4/2024

10:25 | 18/10/2024 Finance

VCN - The State Treasury (KBNN) has announced the plan to auction of VND128,000 billion of government bonds in Quarter 4, 2024, including the issuance volume for Vietnam Social Security.
Low interest loan programme launched for high-quality rice cultivation

Low interest loan programme launched for high-quality rice cultivation

14:35 | 17/10/2024 Finance

The State Bank of Vietnam (SBV) has launched a programme offering low-interest loans to farmers to serve sustainable rice production in the Mekong Delta.
More efficient thanks to centralized payments between the State Treasury and banks

More efficient thanks to centralized payments between the State Treasury and banks

13:51 | 17/10/2024 Finance

VCN - The State Treasury (KBNN) is continuing to maintain the stable operation of payment systems within the KBNN system and payments with banking systems to ensure smooth, timely and safe operations.
Property sector remains vulnerable to money laundering: SBV

Property sector remains vulnerable to money laundering: SBV

13:48 | 15/10/2024 Finance

Vietnam’s property sector remains vulnerable to money laundering with the risks high in the sector, according to the latest report by the State Bank of Vietnam (SBV).
Vietnam – Australia share experience in building carbon credit trading platform

Vietnam – Australia share experience in building carbon credit trading platform

09:28 | 15/10/2024 Finance

The Vietnam-Australia Financial Policy Dialogue 2024 was held by the Vietnamese Ministry of Finance and the Australian Treasury on October 9-10.
Stock market sees notable recovery amid ongoing uncertainties

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%

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

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
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Removing difficulties in public investment disbursement

Removing difficulties in public investment disbursement

09:30 | 31/10/2024 Finance

VCN - According to the report of the Investment Department (Ministry of Finance), the estimated disbursement from the beginning of the year to October 31, 2024 is VND 355,616.1 billion, reaching 47.43% of the 2024 plan, reaching 52.29% of the plan assigne
State-owned commercial banking sector performs optimistic growth, but more capital in need

State-owned commercial banking sector performs optimistic growth, but more capital in need

09:28 | 31/10/2024 Finance

According to the report of the Government on investment, management and use of state capital in enterprises nationwide in 2023, the business performance of the state-owned commercial banking sector achieved positive growth.
Stipulate implementation of centralized bilateral payments of the State Treasury at banks

Stipulate implementation of centralized bilateral payments of the State Treasury at banks

09:29 | 29/10/2024 Finance

VCN - Payment accounts opened at commercial banks are only for state treasury revenues (referred to as specialized collection accounts).
Rush to finalize draft decree on public asset restructuring

Rush to finalize draft decree on public asset restructuring

09:28 | 29/10/2024 Finance

According to the Ministry of Finance, the draft Decree regulating the rearrangement and handling of public assets is being urgently completed to submit to the Government for promulgation.
Inspection report on gold trading activities being complied: SBV

Inspection report on gold trading activities being complied: SBV

14:37 | 28/10/2024 Finance

The State Bank of Vietnam (SBV) has announced that inspections on compliance with legal policies in gold trading activities of credit institutions and gold trading businesses have been completed and an inspection report is being compiled.
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