HCM City Customs detects violations worth nearly VND 4.4 trillion Strengthening efforts to combat smuggling and illegal pig transport Revising the title of a draft of 1 Law amending seven finance-related laws
amend regulations on public private partnership ppp and build transfer bt investment fully calculating to avoid loss of state assets

Amend regulations on “Public-Private Partnership” (PPP) and “Build Transfer” (BT) investment: Fully calculating to avoid loss of state assets

14:23 | 09/11/2024

In the project "1 law amending 4 laws" related to investment, on investment under the public-private partnership (PPP) method, the majority of National Assembly deputies agreed with the Government's proposal to allow an increase in the state capital ratio for some specific cases.
perfecting the law on import and export tax towards exemption and reduction for the right subjects

Perfecting the law on import and export tax towards exemption and reduction for the right subjects

15:00 | 05/11/2024

According to Deputy Director General of Vietnam Customs Luu Manh Tuong, there are still many issues to take full advantage of Free Trade Agreements (FTAs), including the need to perfect legal policies on import and export taxes in the direction of strict management and exemption for the right subjects.
budget revenue in 2024 is estimated to exceed the estimate by 101

Budget revenue in 2024 is estimated to exceed the estimate by 10.1%

10:45 | 28/10/2024

VCN -The Government estimates that state budget revenue in 2024 will exceed VND 172.3 trillion, up 10.1% over the estimate, of which tax and fee revenue will reach 13.1% of GDP.
efficiency is not commensurate with state capital resources invested in enterprises

Efficiency is not commensurate with state capital resources invested in enterprises

00:00 | 19/10/2024

VCN - The effectiveness of state capital invested in enterprises still has some shortcomings and the effectiveness is not as expected, so amendments related to policy mechanisms, helping state enterprises to be more proactive will help ensure more effective state capital flows in enterprises.
continue to publicly disburse public investment capital many key projects have low rates

Continue to publicly disburse public investment capital, many key projects have low rates

09:01 | 07/09/2024

The Ministry of Finance continues to publicize the disbursement rate of public investment capital plans of many key projects, notably that many projects and component projects have very low disbursement rates.
clearly define the applicable subjects when amending the law on state capital management in enterprises

Clearly define the applicable subjects when amending the law on state capital management in enterprises

09:30 | 20/08/2024

Continue to contribute ideas to complete the draft Law on Management and Investment of State Capital in enterprises, enterprises suggested clarifying the subjects and policies related to other enterprises with State capital investment.
resolutely recover advanced capital increase efficiency of public investment

Resolutely recover advanced capital, increase efficiency of public investment

10:41 | 10/08/2024

VCN - Directive No. 20/CT-TTg dated July 12, 2024 of the Prime Minister on rectifying and strengthening the management of advance payment of public investment capital from the state budget requested the Ministry of Finance to be responsible for urging ministries, central and local agencies to take measures to recover overdue advance payment capital.
state capital management needs to take into account the specific nature of credit institutions

State capital management needs to take into account the specific nature of credit institutions

16:54 | 09/08/2024

anti smuggling work has helped stabilize the gold market

Anti-smuggling work has helped stabilize the gold market

08:15 | 26/07/2024

Mr. Dao Xuan Tuan, Director of the Foreign Exchange Management Department (State Bank - SBV) affirmed that the authorities have arrested and handled many gold smuggling cases, fighting crimes related to gold trading has greatly supported the stabilization of the gold market.
the local finance sector is flexible and strict in managing budget revenues and expenditures

The local Finance sector is flexible and strict in managing budget revenues and expenditures

10:05 | 17/07/2024

there should be no loss or waste in arranging public investment from reserve sources

There should be no loss or waste in arranging public investment from reserve sources

15:31 | 28/06/2024

VCN - Discussing at the conference hall on the use of medium-term public investment provisions for public investment projects in the meeting on June 27, National Assembly delegates basically agreed and requested the Government to urgently complete procedures, capital allocation, avoiding spreading and wasting.
proposal to continue reducing vat by 2 in the last 6 months of 2024

Proposal to continue reducing VAT by 2% in the last 6 months of 2024

10:35 | 05/05/2024

VCN - The Government has just submitted a proposal to the National Assembly to consider and allow the continued implementation of the policy of reducing Value Added Tax (VAT) by 2% for a number of groups of goods and services that are currently subject to a VAT rate of 10% in the last 6 months of 2024 (from July 1, 2024 to December 31, 2024). According to the Government's calculations, applying the policy of reducing the VAT rate by 2% for the last 6 months of 2024 reduces revenue by about 24 trillion VND.
the financial inspectorate carries out focus and emphasis to improve work efficiency

The Financial Inspectorate carries out "focus and emphasis" to improve work efficiency

07:50 | 05/04/2024

VCN - Currently, the inspection law related to the Finance sector has many new positive points, thereby helping the financial inspection system continue to improve efficiency and carry out focused and important tasks.
the bad debt ratio has increased putting pressure on banks

The bad debt ratio has increased, putting pressure on banks

08:42 | 03/03/2024

According to the summary of 2023 business results of 28 listed banks, the total volume of bad debt by the end of 2023 increased by more than 40% compared to 2022, to nearly 195,000 billion VND.
contribute to price management from combating smuggling and trade fraud

Contribute to price management from combating smuggling and trade fraud

15:07 | 21/01/2024

VCN - In the recent directive of the Minister of Finance on strengthening management, administration and price stabilization during the Lunar New Year of the Dragon in 2024, it emphasized the need to strengthen the work of preventing and combating smuggling, commercial fraud and counterfeit goods.
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