How is Vietnam-US trade under two Trump elections? Investment funds eye Vietnam Public investment disbursement reaches 52.2% in ten months
Removing many bottlenecks in regular spending to purchase assets and equipment

Removing many bottlenecks in regular spending to purchase assets and equipment

03/11/2024 07:14 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
Continue to handle cross-ownership in banks

Continue to handle cross-ownership in banks

02/11/2024 10:35 Finance

VCN - The situation of excess share ownership, cross-ownership between credit institutions (CIs), CIs and enterprises, although has decreased significantly compared to previous periods, is still complicated and requires continued inspection and control.
Striving for average CPI not to exceed 4%

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

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

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

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

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.
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%

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

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

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

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

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.
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Public investment disbursement reaches 52.2% in ten months

Public investment disbursement reaches 52.2% in ten months

15:17 | 08/11/2024 Finance

Public investment disbursement was estimated at 355.61 trillion VND (14 billion USD) in the first 10 months of this year, fulfilling 52.2% of the annual target, according to the Ministry of Finance (MoF).
State budget revenue for 2024 nears target

State budget revenue for 2024 nears target

10:06 | 08/11/2024 Finance

Data from the Ministry of Finance reveals that by the end of October 2024, state revenue is on the brink of reaching the annual target.
Public investment spending up 1.8% in first 10 months of 2024

Public investment spending up 1.8% in first 10 months of 2024

10:03 | 08/11/2024 Finance

Public investment from Vietnam’s state budget saw steady growth in the first ten months of 2024, reaching 64.3% of the annual target—an increase of 1.8% compared to the same period last year.
Propose many solutions to shorten tax refund time

Propose many solutions to shorten tax refund time

09:32 | 07/11/2024 Finance

VCN - Data from the General Department of Taxation shows that in the first 9 months of 2024, the Tax authority issued 13,762 VAT refund decisions with a total refund amount of VND 101,167 billion, equal to 59.2% of the decentralized tax refund estimate in
Finance sector exceeds revenue target in 4 years thanks to comprehensive reform of collection method

Finance sector exceeds revenue target in 4 years thanks to comprehensive reform of collection method

09:30 | 07/11/2024 Finance

VCN - At the meeting on November 5, the National Assembly discussed on the Sate revenue collection and related contents.
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