Finance

Striving for average CPI not to exceed 4%

01/11/2024 16:41 Finance

VCN - According to the report of the Ministry of Finance, there are still some factors that put pressure on price levels in the remaining months of 2024, so the Ministry has updated 2 scenarios of average inflation in 2024 increasing in the range of 3.7-3

Delegating the power to the government to waive, lower, or manage late tax penalties is suitable

01/11/2024 16:39 Finance

National Assembly delegates proposed that the Government should be assigned to make specific regulations on decentralization, granting the right to exempt and reduce taxes, and handling penalties for late payment of taxes...

Removing difficulties in public investment disbursement

31/10/2024 09:30 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

31/10/2024 09:28 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

29/10/2024 09:29 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

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

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.

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

10:45 | 28/10/2024 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

11:31 | 27/10/2024 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

11:26 | 26/10/2024 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

15:49 | 25/10/2024 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

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

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

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

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

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

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Tax policies facilitate business development

13:46 | 03/12/2024 Finance

VCN - Sharing with Customs News on the sidelines of the Tax and Legal Forum 2024 recently held, Deputy General Director, General Department of Taxation Dang Ngoc Minh (photo) said that the Government is researching and implementing new tax policies to sup

Tax sector exceeds revenue target 2024

15:48 | 02/12/2024 Finance

VCN - “These tax support policies have directly impacted the financial resources of enterprises, contributing to maintaining production and business and promoting consumption, thereby creating momentum for economic recovery and development,” said Minh.

Stimulate production and business, submit to the National Assembly to continue reducing 2% VAT