Taiwan-Canada customs agreement signed - Taipei Times Vietnam maintains political stability, economic success in 2024: scholar Vietnam expected to create hi-tech breakthroughs following partnership with NVIDIA
Budget revenue in 2024 is estimated to exceed the estimate by 10.1%

Budget revenue in 2024 is estimated to exceed the estimate by 10.1%

28/10/2024 10:45 Finance

VCN - According to the Deputy Prime Minister, Minister of Finance, in 2024, the State budget revenue estimate is 1,700.99 trillion VND, reaching 85.1% of the estimate in 9 months, up 17.9% over the same period in 2023.
Ensure timely and effective management and use of public asset

Ensure timely and effective management and use of public asset

27/10/2024 11:31 Finance

VCN - The Ministry of Finance requests ministries, branches and localities to review and report to the Minister, head of central agencies, People’s Councils of provinces and centrally run cities to issue regulations on power to decide on the management an
Accelerating decentralization in public asset management

Accelerating decentralization in public asset management

26/10/2024 11:26 Finance

VCN - Amending the Law on Management and Use of Public Assets aims to improve regulations on accelerating decentralization and improving efficiency in management and use of public assets, and promoting financial resources, ensuring that the unified appli
Difficulty in finding banks eligible to receive compulsory transfers

Difficulty in finding banks eligible to receive compulsory transfers

25/10/2024 15:49 Finance

VCN - Additionally, the SBV continues to put DongA Bank and SCB under special control.
Businesses can choose a suitable electronic invoice model generated from the cash register

Businesses can choose a suitable electronic invoice model generated from the cash register

25/10/2024 14:18 Finance

The Ministry of Finance said that individual business households can choose a suitable model to apply electronic invoice solutions from cash registers
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

15:10 | 23/10/2024 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

13:56 | 23/10/2024 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

13:42 | 23/10/2024 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

14:00 | 22/10/2024 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

20:01 | 21/10/2024 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.
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Accelerating public investment in national key transportation projects

Accelerating public investment in national key transportation projects

10:16 | 09/12/2024 Finance

According to Ministry of Finance, the disbursement of funds for national key transportation projects in the first ten months of 2024 exceeded the average disbursement rate for other sectors. However, the pace has slowed in recent months.
Disbursement of public investment from foreign loans reaches 39.06% of the plan

Disbursement of public investment from foreign loans reaches 39.06% of the plan

18:26 | 08/12/2024 Finance

Regarding disbursement progress of public investment from foreign loans in the final months of 2024, Department of Debt Management and External Finance reported that ministries and agencies had disbursed over VND3.285 trillion
State capital management commission to be dissolved

State capital management commission to be dissolved

18:25 | 08/12/2024 Finance

The Commission for Management of State Capital at Enterprises will cease its operations, following Resolution No 18 of the Central Party Committee.
There is still room for credit growth at the end of the year

There is still room for credit growth at the end of the year

09:43 | 08/12/2024 Finance

To achieve the credit growth target of 15% for the whole year of 2024 as directed, the banking system will have to "pump" out nearly VND 670,000 billion of loans to the economy in the last 2 months of the year
The importance of user-friendly tax platforms for online retailers

The importance of user-friendly tax platforms for online retailers

15:27 | 07/12/2024 Finance

The e-portal for individual and business households engaging in e-commerce activities has been completed.
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