Decree on the implementation of global minimum tax: Ensuring a clear and transparent legal framework
30/11/2024 11:06 Finance
The decree detailing the implementation of the global minimum tax must align with practical management requirements, ensuring a clear and transparent legal framework
Agree to continue reducing VAT by 2%
29/11/2024 11:02 Finance
VCN - National Assembly deputies all expressed their agreement with the policy of continuing reducing value-added tax (VAT) by 2% in the first half of 2025, but there needs to be an effective support policy for sustainable development of businesses.
Four challenges that put pressure on monetary policy management
28/11/2024 13:48 Finance
VCN - Accordingly, regarding interest rate management, in the first ten months of 2024, the SBV will maintain the operating interest rate, after continuously adjusting the interest rates down four times with a reduction of 0.5-2.0%/year in 2023.
Legal basis to improve quality of price appraisal
28/11/2024 13:44 Finance
VCN - According to the representative of the Price Management Department, the regulations related to the activities of appraisers, adjusting the conditions for valuation practicing are new contents of the 2023 Price Law, contributing to improving the qual
Amending the Law on Corporate Income Tax, not giving preferential treatment to overlapping and spreading industries
26/11/2024 08:53 Finance
VCN - The promulgation of the Law on Corporate Income Tax (amended) is necessary, in line with international practice, associated with restructuring revenue sources, expanding the tax base in line with the context of socio-economic development.
Việt Nam's stock market recovers but outlook remains uncertain
25/11/2024 14:59 Finance
Following a prolonged period of volatility, the VN-Index is approaching a critical resistance level, raising the question of whether the market has enough momentum to break through or if it is merely undergoing a technical rebound before further corrections.
Bad debt at banks continues to rise in both amount and ratio
09:20 | 25/11/2024 Finance
After nine months of 2024, bad debt balances at banks continue to rise, potentially posing risks to the banking sector if control measures aren't implemented.
Monetary policy forecast unlikely to loosen further
18:18 | 24/11/2024 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
09:02 | 24/11/2024 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
17:50 | 23/11/2024 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
10:51 | 23/11/2024 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
15:51 | 22/11/2024 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
13:44 | 22/11/2024 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
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
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
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.
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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
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
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
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
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.
