Vietnam's import-export surges 15.3% More Vietnamese firms interested in Saudi Arabia: Ambassador Vietnam’s GDP growth to outpace region peers: Oxford Economics
Expansionary fiscal policy halts decline, boosts aggregate demand

Expansionary fiscal policy halts decline, boosts aggregate demand

14/12/2024 19:27 Finance

VCN - Fiscal policy, in particular, has been implemented with a reasonable, focused, and targeted expansionary approach to halt the decline, boost aggregate demand, and foster economic recovery.
Ministry of Finance stands by enterprises and citizens

Ministry of Finance stands by enterprises and citizens

13/12/2024 15:30 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

13/12/2024 15:29 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"

13/12/2024 10:23 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

11/12/2024 15:11 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

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

Ho Chi Minh City achieves record state revenue of over VND500 trillion in 2024

10:33 | 10/12/2024 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

Accelerating public investment in national key transportation projects

10:16 | 09/12/2024 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

Disbursement of public investment from foreign loans reaches 39.06% of the plan

18:26 | 08/12/2024 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

State capital management commission to be dissolved

18:25 | 08/12/2024 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

There is still room for credit growth at the end of the year

09:43 | 08/12/2024 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

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

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

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

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

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.
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General inventory of public assets raises efficiency of use and management of country

General inventory of public assets raises efficiency of use and management of country's resources

09:29 | 20/12/2024 Finance

VCN – The implementation of the General Inventory Project by the Ministry of Finance, ministries, central and local agencies has ensured progress according to Project 213 and the plan issued by the Ministry of Finance. This is the information provided by
Publicizes progress of public investment disbursement for important national projects

Publicizes progress of public investment disbursement for important national projects

15:21 | 19/12/2024 Finance

VCN - The Ministry of Finance has issued Document No. 13213/BTC-DT to publicize the progress of public investment disbursement of key national projects.
Six SOEs to be transferred back to industry ministry

Six SOEs to be transferred back to industry ministry

15:38 | 18/12/2024 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).
PM urges stronger measures to manage interest rates

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

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).
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