Finance

Strengthening the financial “health” of state-owned enterprises

20/11/2024 09:23 Finance

VCN - According to the State Capital Management Committee at Enterprises, to date, the country has six hundreds and seventy one SOEs including 6 economic groups, 53 state-owned corporations and 19 LLCs operating under the parent-subsidiary model.

U.S. Treasury continues to affirm Vietnam does not manipulate currency

19/11/2024 13:46 Finance

In its latest report, the U.S. Department of the Treasury has positively assessed Vietnam's monetary policy, reaffirming that Vietnam does not engage in currency manipulation.

Exchange rate fluctuations bring huge profits to many banks

19/11/2024 13:43 Finance

Net profits from the foreign exchange trading segment of many banks have gained positive results thanks to a strong USD/VNĐ exchange rate fluctuations this year.

A “picture” of bank profits in the first nine months of 2024

19/11/2024 09:42 Finance

VCN - Pre-tax profits for banks during the first nine months of 2024 remained positive, exceeding 200 trillion VND, solidifying the sector's position as a market leader.

Many challenges in restructuring public finance

18/11/2024 10:02 Finance

VCN - Public finance reform is one of the 6 contents of state administrative reform in the period of 2021 - 2030 according to Resolution 76/NQ-CP dated July 15, 2021 of the Government and this is an important task, contributing to supporting other tasks,

Tax declaration and payment by e-commerce platforms reduces declaration points and compliance costs

17/11/2024 09:19 Finance

VCN - E-commerce platforms that declare and pay taxes on behalf of traders not only help to reduce the number of tax declaration points but also reduce the cost of compliance with administrative procedures for the whole society because only one point as t

Disbursement of public investment must be accelerated: Deputy PM

19:32 | 16/11/2024 Finance

Deputy Prime Minister Ho Duc Phoc has called on ministries, agencies, and localities to accelerate the disbursement of public investment from now until the year-end and further tighten investment management.

HCMC: Domestic revenue rises, revenue from import-export activities begins to increase

09:36 | 16/11/2024 Finance

VCN - The results of State budget revenue in HCMC in the first 10 months of 2024 are estimated to increase by 10% over the same period last year, of which the highlight is that revenue from import-export activities has begun to increase.

Effectively control fiscal and monetary policy : Deputy Prime Minister and Minister Ho Duc Phoc

09:33 | 16/11/2024 Finance

VCN - Reporting to the National Assembly in the question-and-answer session on the banking sector under the 8th Session on November 11, 2024, Deputy Prime Minister and Minister of Finance Ho Duc Phoc said that when the economy increases or decreases, it w

Seaport stocks surge amid positive sector outlook

13:52 | 15/11/2024 Finance

During the trading session on 12 November, while the VN-Index fell for the fourth consecutive session to 1,244 points, several seaport and shipping stocks such as MVN (VIMC), VOS (Vietnam Shipping), and GMD (Gemadept) maintained upward momentum.

Striving for revenue to rise by over 15% compared to assigned estimate

10:01 | 14/11/2024 Finance

VCN – At meeting on summarizing in financial budget October and deploying work program in November held by the Ministry of Finance on November 11, Deputy Minister of Finance Cao Anh Tuan requested to speed up review budget work and quickly remove financ

Budget revenue is about to be completed for the whole year estimate

08:34 | 13/11/2024 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.

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.

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