Ministry of Finance stands by enterprises and citizens Banks face difficulties in balancing capital raising and lending Garment industry urged to gain self-sufficiency in raw materials for UK expansion
Nearly 30 trillion VND mobilised through G-bond auctions

Nearly 30 trillion VND mobilised through G-bond auctions

06/12/2024 14:18 Finance

The Hanoi Stock Exchange successfully organised 17 Government bond auctions in November, raising 20.76 trillion VND (817.56 million USD) for the State Treasury.
Expecting cross-border M&A deals

Expecting cross-border M&A deals

06/12/2024 13:39 Finance

VCN - Nearly 500 experts, businessmen, investors... attending the Vietnam Mergers and Acquisitions Forum 2024 (M&A Vietnam Forum 2024) organized by Dau Tu newspaper recently shared experiences and strategies, ready to welcome large investment deals and ex
Credit growth target of 15% for 2024 within reach: SBV

Credit growth target of 15% for 2024 within reach: SBV

05/12/2024 13:49 Finance

The banking system's credit growth had risen by 11.12% as of November 22 compared to the end of 2023, hence the 15% growth target for the whole year is reachable, according to the State Bank of Vietnam (SBV).
Multiple drivers propel positive growth in budget revenue

Multiple drivers propel positive growth in budget revenue

05/12/2024 10:33 Finance

Dr. Bui Dang Dung believes that the 2024 state budget revenue results are highly encouraging, reflecting the concerted efforts of the Government, relevant agencies, and business community amid challenging economic conditions.
Drastic measures needed to accelerate disbursement of foreign-funded public investment

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

04/12/2024 14:40 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

04/12/2024 13:42 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.
Stimulate production and business, submit to the National Assembly to continue reducing 2% VAT

Stimulate production and business, submit to the National Assembly to continue reducing 2% VAT

15:47 | 02/12/2024 Finance

VCN - According to the agenda of the 8th Session, at the meeting on the afternoon of November 28, 2024, Deputy Prime Minister Ho Duc Phoc presented the Report on the draft Resolution of the National Assembly on VAT reduction.
M&A in Vietnam expected to be bustling in 2025

M&A in Vietnam expected to be bustling in 2025

17:54 | 01/12/2024 Finance

Merger and acquisition (M&A) activity in Vietnam is expected to be bustling again, thanks to the domestic economic recovery and higher foreign investment.
Major reforms in the management of state capital in enterprises

Major reforms in the management of state capital in enterprises

09:18 | 01/12/2024 Finance

The draft Law on Management and Investment of State Capital in Enterprises is set to be presented and discussed at the National Assembly, featuring numerous new provisions
Vietnam makes comprehensive strides in public financial management reform

Vietnam makes comprehensive strides in public financial management reform

09:16 | 01/12/2024 Finance

Vietnam has achieved significant milestones in its public financial management (PFM) reforms, earning praise for its comprehensive progress across multiple areas
Central bank increases credit growth limit for banks for second time this year

Central bank increases credit growth limit for banks for second time this year

15:11 | 30/11/2024 Finance

The State Bank of Vietnam (SBV) on November 28 announced it would increase credit growth target for credit institutions, for the second time this year.
Decree on the implementation of global minimum tax: Ensuring a clear and transparent legal framework

Decree on the implementation of global minimum tax: Ensuring a clear and transparent legal framework

11:06 | 30/11/2024 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%

Agree to continue reducing VAT by 2%

11:02 | 29/11/2024 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.
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Ministry of Finance stands by enterprises and citizens

Ministry of Finance stands by enterprises and citizens

15:30 | 13/12/2024 Finance

This was the affirmation of Deputy Minister of Finance Cao Anh Tuan at the 2024 Dialogue Conference on Tax and Customs Policies and Administrative Procedures.
Banks face difficulties in balancing capital raising and lending

Banks face difficulties in balancing capital raising and lending

15:29 | 13/12/2024 Finance

Banks often use their charter capital to compensate for a capital shortage, as lending exceeds capital raising.
Credit continues to increase at the end of the year, room is loosened to avoid "surplus in some places - shortage in others"

Credit continues to increase at the end of the year, room is loosened to avoid "surplus in some places - shortage in others"

10:23 | 13/12/2024 Finance

Credit demand continues to increase at the end of the year, thereby helping banks compete through continuing to adjust interest rates appropriately.
M&A in Vietnamese non-life insurance sector sees strong development

M&A in Vietnamese non-life insurance sector sees strong development

15:11 | 11/12/2024 Finance

While mergers and acquisitions in the Vietnamese life insurance sector have been relatively quiet, M&As in the non-life insurance sector have been quite strong, with the participation of both foreign and domestic investors.
More tax law reforms needed to address e-commerce challenges

More tax law reforms needed to address e-commerce challenges

17:01 | 10/12/2024 Finance

The rapid growth of e-commerce has contributed significantly to Vietnam's economic development, but it also brought challenges, particularly in tax management.
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