Finance

VCN - After 10 months of 2024, the budget collection progress has almost completed the assigned estimate for the whole year. From now until the end of the year, the entire Finance sector is striving to achieve the revenue exceeding the set target.

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.

With ten months of 2024 behind us, Vietnam’s state budget revenue is on track to exceed the year’s target.

Dr. Phan Hoai Nam, CEO of W&A Consulting, discusses tax refund issues with Customs Magazine.

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.

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

Deputy Prime Minister, Minister of Finance Ho Duc Phoc indicated that the revision of the State Budget Law (SBL) focuses on removing short-term bottlenecks and obstacles.

In the project "1 law amending 4 laws" related to investment, the majority of National Assembly deputies agreed with the Government's proposal to allow an increase in the state capital ratio for some specific cases.

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).

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.