Removing legal hurdles in regular spending for capital assets
05/11/2024 09:02 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
04/11/2024 13:28 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
04/11/2024 09:54 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
03/11/2024 17:33 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
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
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%
16:41 | 01/11/2024 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
16:39 | 01/11/2024 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
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
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
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
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
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
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Tax authorities and Police join forces to crack down on e-invoice fraud
14:14 | 12/11/2024 Finance
As invoice trading crimes surge, the General Department of Taxation is rolling out a new e-invoice alert system designed to support tax authorities and law enforcement in swiftly identifying and halting fraudulent activities tied to electronic invoices.
State revenue collection poised to surpass annual target
10:11 | 12/11/2024 Finance
With ten months of 2024 behind us, Vietnam’s state budget revenue is on track to exceed the year’s target.
Amending regulations for proactive, responsible tax officials
08:55 | 11/11/2024 Finance
Dr. Phan Hoai Nam, CEO of W&A Consulting, discusses tax refund issues with Customs Magazine.
Drastic actions taken to complete 95% public investment disbursement goal: Gov’t press conference
20:07 | 10/11/2024 Finance
The Ministry of Planning and Investment is working with other ministries, sectors and localities to take drastic measures to complete this year's target of disbursing 95% of allocated public investment, its Deputy Minister Tran Quoc Phuong told the Government’s regular press conference on November 9.
Revising policies to adapt to two-way impact of FTAs
09:24 | 10/11/2024 Finance
VCN - One of the most obvious positive impacts of Free Trade Agreements (FTAs) is to promote export growth, thereby contributing to increasing state budget revenue. However, the implementation of FTAs also has a negative impact on state budget revenue u
