More tax law reforms needed to address e-commerce challenges
10/12/2024 17:01 Finance
The rapid growth of e-commerce has contributed significantly to Vietnam's economic development, but it also brought challenges, particularly in tax management.
Ho Chi Minh City achieves record state revenue of over VND500 trillion in 2024
10/12/2024 10:33 Finance
For the first time in its history, Ho Chi Minh City’s budget revenue surpassed VND500 trillion in just 11 months of 2024.
Accelerating public investment in national key transportation projects
09/12/2024 10:16 Finance
According to Ministry of Finance, the disbursement of funds for national key transportation projects in the first ten months of 2024 exceeded the average disbursement rate for other sectors. However, the pace has slowed in recent months.
Disbursement of public investment from foreign loans reaches 39.06% of the plan
08/12/2024 18:26 Finance
Regarding disbursement progress of public investment from foreign loans in the final months of 2024, Department of Debt Management and External Finance reported that ministries and agencies had disbursed over VND3.285 trillion
State capital management commission to be dissolved
08/12/2024 18:25 Finance
The Commission for Management of State Capital at Enterprises will cease its operations, following Resolution No 18 of the Central Party Committee.
There is still room for credit growth at the end of the year
08/12/2024 09:43 Finance
To achieve the credit growth target of 15% for the whole year of 2024 as directed, the banking system will have to "pump" out nearly VND 670,000 billion of loans to the economy in the last 2 months of the year
The importance of user-friendly tax platforms for online retailers
15:27 | 07/12/2024 Finance
The e-portal for individual and business households engaging in e-commerce activities has been completed.
Nearly 30 trillion VND mobilised through G-bond auctions
14:18 | 06/12/2024 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
13:39 | 06/12/2024 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
13:49 | 05/12/2024 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
10:33 | 05/12/2024 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
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.
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PM urges stronger measures to manage interest rates
16:53 | 17/12/2024 Finance
Prime Minister Pham Minh Chinh has asked the State Bank of Vietnam (SBV) to proactively, flexibly, promptly, and effectively manage the monetary policy in combination with the expansionary fiscal policy and others.
Six SOEs to be transferred back to industry ministry
16:48 | 17/12/2024 Finance
Six State–owned enterprises (SOEs) with a total State stake of 800 trillion VND (31.5 billion USD) will be transferred back to the Ministry of Industry and Trade (MoIT) after six years under the management of the Commission for the Management of State Capital at Enterprises (CMSC).
Vietnamese products: Conquering foreign customers in supermarket systems
16:45 | 17/12/2024 Finance
VCN - Vietnamese goods are exported through distribution systems and demanding markets both traditionally and through cross-border e-commerce. This shows that domestic products have met the criteria and requirements of foreign partners.
Answering many questions from businesses at dialogue conference on tax and customs policies
10:01 | 17/12/2024 Finance
VCN - Many opinions and recommendations related to tax and customs issues were raised by the business community at the dialogue on tax and customs policies and administrative procedures in 2024, organized by the Ministry of Finance.Representatives of the
Enterprises face difficulties in tax refunds due to partners closing
10:01 | 17/12/2024 Finance
VCN - On December 13, at a dialogue conference on tax and customs policies and administrative procedures organized by the Ministry of Finance in coordination with the Vietnam Chamber of Commerce and Industry (VCCI), enterprises proposed solutions to many
