Drastic measures needed to accelerate disbursement of foreign-funded public investment Forum seeks to boost Vietnam-China agro-forestry-fisheries trade Localities report progresses in IUU fishing combat
Monetary policy forecast unlikely to loosen further

Monetary policy forecast unlikely to loosen further

24/11/2024 18:18 Finance

It will be difficult for the State Bank of Vietnam (SBV) to further loosen monetary policy due to a rising USD/VNĐ exchange rate pressure, experts said.
Green credit proportion remains low due to lack of specific evaluation criteria

Green credit proportion remains low due to lack of specific evaluation criteria

24/11/2024 09:02 Finance

As of the end of September 2024, 50 credit institutions had outstanding green credit balances exceeding VND 665 trillion, accounting for over 4.5% of the total outstanding loans in the economy.
Launching virtual assistants to support taxpayers

Launching virtual assistants to support taxpayers

23/11/2024 17:50 Finance

VCN - According to the Hanoi Tax Department, the department manages 236,000 enterprises and 235,000 business households and over 10 million personal tax codes.
Banks increase non-interest revenue

Banks increase non-interest revenue

23/11/2024 10:51 Finance

VCN - In the first 9 months of 2024, the group of banks leading in profit has focused on increasing the ratio of non-term deposits (CASA) to help reduce operating costs, resulting in positive credit growth.
Monetary policy forecast unlikely to loosen further

Monetary policy forecast unlikely to loosen further

22/11/2024 15:51 Finance

It will be difficult for the State Bank of Vietnam (SBV) to further loosen monetary policy due to a rising USD/VNĐ exchange rate pressure, experts said.
World Bank outlines path for Vietnam to reach high income status

World Bank outlines path for Vietnam to reach high income status

22/11/2024 13:44 Finance

The World Bank (WB) has released a report which explores how Vietnam can upgrade its participation in global value chains to become a high-income country by 2045.
Strictly control public debt and ensure national financial security 2025

Strictly control public debt and ensure national financial security 2025

09:26 | 22/11/2024 Finance

VCN - According to the plan for borrowing and repaying public debt and foreign debt of the country in 2025, the total borrowing demand of the Government in the year is expected to be at VND 815,238 billion, an increase of 20.6% compared to the Government'
Revising the title of a draft of 1 Law amending seven finance-related laws

Revising the title of a draft of 1 Law amending seven finance-related laws

14:33 | 21/11/2024 Finance

On November 19, 2024, the Standing Committee of the National Assembly (SCNA) discussed amendments and refinements to the draft of a law revising seven existing finance-related laws.
Transparency evates the standing of listed companies

Transparency evates the standing of listed companies

09:47 | 21/11/2024 Finance

According to the Hanoi Stock Exchange (HNX), the number of companies placed under warning, control, or restricted trading on the listed and registered markets has increased over the past two years compared to 2022.
State-owned securities company trails competitors

State-owned securities company trails competitors

14:46 | 20/11/2024 Finance

Contrary to the outstanding performances in the banking sector, the securities subsidiaries of major banks have yet to fully leverage their potential, despite numerous inherent advantages.
Strengthening the financial “health” of state-owned enterprises

Strengthening the financial “health” of state-owned enterprises

09:23 | 20/11/2024 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

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

13:46 | 19/11/2024 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

Exchange rate fluctuations bring huge profits to many banks

13:43 | 19/11/2024 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

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

09:42 | 19/11/2024 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

Many challenges in restructuring public finance

10:02 | 18/11/2024 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

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

09:19 | 17/11/2024 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
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Drastic measures needed to accelerate disbursement of foreign-funded public investment

Drastic measures needed to accelerate disbursement of foreign-funded public investment

14:40 | 04/12/2024 Finance

Drastic measures are needed to remove roadblocks and accelerate the disbursement of foreign-funded public investment in the remaining months of this year, as the disbursement rate remains far below the target of 95 per cent, according to the Ministry of Finance.
Urging collection of land-related revenues in the last month of the year

Urging collection of land-related revenues in the last month of the year

13:42 | 04/12/2024 Finance

VCN - Since the beginning of 2024, the macro-economic situation has been stable, growth has been promoted, major balances of the economy have been ensured, and the state revenue in the first 11 months of the year has reached 106.3% of the estimate.
Innovation and restructuring of state-owned enterprises: Start from institutions

Innovation and restructuring of state-owned enterprises: Start from institutions

13:40 | 04/12/2024 Finance

The work of restructuring and innovating state-owned enterprises (SOEs) has had remarkable results in reducing quantity and improving quality, but is still behind schedule
Tax policies facilitate business development

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

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.
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