State treasury investment in safe and effective manner

By Thuy Linh/Ngoc Loan

17:03 | 29/11/2021 Finance Follow english.haiquanonline.com.vn on

VCN – The State Treasury implements budget management in a safe and effective manner.

	State Treasury implements solutions to speed up public investment capital disbursement
	Seven administrative procedures at level 4 of State Treasury integrated on National Online Public Services Portal
	Araising more than 37,000 dossiers on online public services of State Treasury in the peak period

State treasury investment in safe and effective manner

The State Treasury implements budget management in a safe and effective manner. Photo: Thuy Linh

According to the State Treasury, as of October 25, the authority deposited to the State budget with terms of one month, two month, and three months under e-bidding with a volume VND480,998 billion.

In 2021, the State Treasury launched a program of repurchasing the Government bonds via the e-transaction system of Hanoi Stock Exchange.

As of October 25, the State Treasury conducted 52 bidding sessions on repurchasing the government bonds with the first redemption value of VND1,885.7 billion, with terms of 14 days, 21 days and one month.

The State Treasury has fully implemented procedures on state budget investment, ensuring safety and efficiency under regulations in Decree 24/2016/ND-CP, and contributing to improving the quality and efficiency of state treasury management and gradually approaching the management method of advanced in countries around the world.

By Thuy Linh/Ngoc Loan

Tags:

Related News

Fiscal policy maintains and ensures national financial security

10:28 | 05/12/2023 Finance

VCN - At the 2023 Financial Forum, speaking at the session "Financial policy overcomes challenges to promote economic growth and development", Regional Resident Representative for Vietnam, Cambodia, Lao PDR, Jochen Schmittmann believes that tax incentives are only a secondary factor in attracting investment and the global minimum tax is an important initiative to avoid a "race to the bottom" on preferential tax rates among countries in attracting foreign investment.

Issuing resolution on global minimum tax to proactive international integration

10:51 | 02/12/2023 Finance

VCN - The National Assembly officially passed a Resolution on applying additional corporate income tax (CIT) according to global anti-base erosion rules. Many experts and National Assembly (NA) delegates agree with Vietnam’s application of the global minimum tax from the beginning of 2024.

To achieve growth goals, businesses must "suffer" restructuring

10:54 | 02/12/2023 Headlines

VCN - To achieve socio-economic goals in 2024, Prof.Dr. Hoang Van Cuong (photo), Hanoi National Assembly delegate, Vice Rector of the National Economics University, Member of the National Assembly's Finance and Budget Committee emphasized the work of restructuring businesses, even businesses must endure " one-time pain to innovate and recover.

Nurturing trust and entrepreneurial spirit when the market is difficult

13:57 | 25/11/2023 Import-Export

VCN - Through the first ten months of 2023, the number of businesses dissolving and withdrawing from the market is increasing. This is an issue that needs attention from management agencies, thereby requiring solutions to promote the entrepreneurial spirit of businesses in difficult circumstances.

Latest News

Tax sector expedites disbursement of public investment

10:37 | 07/12/2023 Finance

VCN- In the first 11 months of 2023, the total public investment disbursed by the whole Tax sector reached 70.74% of the total assigned investment.

Flexibly adjust financial policies to effectively mobilize and allocate resources for socio-economic development

10:45 | 04/12/2023 Finance

VCN - In the coming time, Vietnam will face risks and challenges due to decline in the global growth. In addition, internal challenges will also create pressure on the domestic economic recovery and growth process. This requires the financial policies to be flexibly adjusted to effectively mobilize and allocate resources for sustainable socio-economic development, Deputy Minister of Finance Cao Anh Tuan stated at the opening of the 2023 Financial Forum.

Many information channels to listen to clients' opinions about the State Treasury

10:45 | 04/12/2023 Finance

VCN - The result of the satisfaction level of individuals and organizations about the services of the State Treasury is always high, showing that the State Treasury does not only drastically implements administrative procedure reform but also creates many Information channel to listen, capture information and recommendations from clients.

122 foreign corporations investing in Vietnam have to pay Global minimum tax

10:26 | 03/12/2023 Finance

VCN – On November 29, the National Assembly approved a Resolution on the application of additional corporate income tax under regulations on global anti-tax base erosion. About 122 foreign businesses in Vietnam will be affected by the Qualified Domestic Minimum Top-up Tax (QDMTT) and will have to pay the additional tax, worth an estimated VND14,600 billion.

More News

Transactions worth from 400 million VND must be reported to state bank from Dec 1

14:34 | 01/12/2023 Finance

Transactions with a value of 400 million VND (16,520 USD) or more must be reported to the State Bank of Vietnam (SBV) from December 1, according to a new decision issued by the Prime Minister.

Continue to improve policy mechanisms to develop the corporate bond market

13:47 | 01/12/2023 Finance

VCN - On the afternoon of November 28, Deputy Minister of Finance Nguyen Duc Chi chaired a meeting with ministries, central agencies, associations and businesses to get opinions, evaluate the implementation of Decree No. 08/2023/ND -CP and orient policy in the coming time.

The Tax industry has comprehensive digital transformation

11:08 | 29/11/2023 Finance

VCN - The application of information technology (IT) over the past 30 years has contributed to building a modern Tax industry that operates effectively, efficiently and successfully implements programs and plans to reform administrative procedures, recognized and highly appreciated by organizations, businesses, individuals and the entire society.

Minister of Finance requests to strengthen inspection and supervision of public service activities

14:57 | 28/11/2023 Finance

VCN - Minister of Finance Ho Duc Phoc signed and promulgated Directive 03/CT-BTC requiring heads of affiliated and subordinate units to thoroughly implement well the Prime Minister's direction on rectifying and strengthening the inspection, examination and supervision of public service activities.

Assessing one-year implementation of "Strengthening Public Financial Management in Viet Nam” project

10:43 | 27/11/2023 Finance

VCN - The Project Steering Committee of the Strengthening Public Financial Management Program, Subprogram 1 with a medium-term vision (Project) under the Strengthening Public Financial Management in Viet Nam program held its third meeting on the afternoon of November 23 to evaluate the performance of one-year implementation of the project and direct an implementation plan in 2024

New circular aims to improve stock market transparency

21:20 | 26/11/2023 Finance

The Ministry of Finance has issued a new circular which aims to improve stock market transparency in Vietnam.

Accelerate tax refunds

10:04 | 26/11/2023 Finance

VCN - Implementing the direction of the Prime Minister and the Minister of Finance in tax refunds, the General Department of Taxation has directed tax authorities at all levels to speed up the progress of tax refund settlement, and at the same time, strongly control implementation to ensure strict tax refund and compliance with the law.

Intensified Deployment of Electronic Invoice Issuance for Each Petroleum Retail Sale

13:55 | 25/11/2023 Finance

VCN - The Ministry of Finance states that the issuance of electronic invoices for each petroleum retail sale is fully supported by legal grounds. Alongside this, the Tax Department is escalating efforts in advocacy, leadership, directives, and the implementation of electronic invoice usage to enhance understanding among citizens and businesses about the benefits, responsibilities, and effectiveness of electronic invoice utilization. This initiative aims to improve taxpayer compliance with tax law obligations.

Transactions worth from 400 million VND to be reported to state bank

14:08 | 24/11/2023 Finance

Transactions with a value of 400 million VND ($16,520)or more must be reported to the State Bank of Vietnam (SBV) from December 1, 2023, according to a new regulation.

Your care

Latest Most read

Tax sector expedites disbursement of public investment

10:37 | 07/12/2023 Finance

VCN - The report of the Department of Finance and Logistics (under the General of Taxation) shows that the total disbursed public investment reached 70.74%, including the administrative management disbursement at 75.11%; and public investment disbursement

Fiscal policy maintains and ensures national financial security

10:28 | 05/12/2023 Finance

Flexibly adjust financial policies to effectively mobilize and allocate resources for socio-economic development

10:45 | 04/12/2023 Finance

VCN - Vietnam Financial Forum 2023 with the theme "Financial policies to overcome challenges towards sustainable development" is jointly held by the Ministry of Finance and the German Agency for International Cooperation (GIZ), the European Union (EU), Ge

Many information channels to listen to clients' opinions about the State Treasury

10:45 | 04/12/2023 Finance

VCN - According to information from the State Treasury, in order to promptly capture information and improve the quality of clients’ service transactions, the State Treasury has diversified information channels.

122 foreign corporations investing in Vietnam have to pay Global minimum tax

10:26 | 03/12/2023 Finance

VCN - The Resolution regulates the minimum tax rate specified of 15%.