Removing legal hurdles in regular spending for capital assets EU partners no longer 'lenient', Vietnam must adapt through ESG policies The Government adjust import and export tariff rate on certain goods
Rush to finalize draft decree on public asset restructuring

Rush to finalize draft decree on public asset restructuring

29/10/2024 09:28 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

28/10/2024 14:37 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.
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

14:18 | 25/10/2024 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

14:49 | 24/10/2024 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.
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Removing legal hurdles in regular spending for capital assets

Removing legal hurdles in regular spending for capital assets

09:02 | 05/11/2024 Finance

Mr. Bui Anh Binh, Deputy Director of the Department of Public Administration (Ministry of Finance) emphasized that the issuance of Decree No. 138/2024/ND-CP has created an important legal corridor
M&A activities show signs of recovery

M&A activities show signs of recovery

13:28 | 04/11/2024 Finance

Mergers and acquisitions (M&A) activities in Vietnam have been showing signs of recovery in recent months as several large companies announced finished deals, which may create a ripple effect in the M&A market.
Fiscal policy needs to return to normal state in new period

Fiscal policy needs to return to normal state in new period

09:54 | 04/11/2024 Finance

VCN - To recover the economy during and after the Covid-19 pandemic, fiscal policy has been flexibly and promptly managed, becoming a solid foundation to help businesses and the economy gradually overcome difficulties. After nearly 5 years, although there
Ensuring national public debt safety in 2024

Ensuring national public debt safety in 2024

17:33 | 03/11/2024 Finance

VCN - Since the beginning of the year, public debt management has been conducted proactively and effectively, meeting the need of raising capital for development investment. At the same time, debt indicators by the end of 2024 are guaranteed within the ce
Removing many bottlenecks in regular spending to purchase assets and equipment

Removing many bottlenecks in regular spending to purchase assets and equipment

07:14 | 03/11/2024 Finance

Decree No. 138/2024/ND-CP, which has just been issued, is expected to contribute to resolving bottlenecks in allocating funds for purchasing assets and equipment
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