Strictly monitor market fluctuations to appropriately adjust prices

Strictly monitor market fluctuations to appropriately adjust prices

VCN – In the second quarter and the remaining months of 2024, the price management and administrations need to effectively control inflation and remove difficulties for production and businesses, the Ministry of Finance reports.
Positive signals in price management

Positive signals in price management

VCN - Average CPI in the first four months of 2023 increased by 3.84% year-on-year; core inflation increased by 4.9%, higher than the average CPI.
Ensuring transparency in state management of prices, protecting consumer interests

Ensuring transparency in state management of prices, protecting consumer interests

According to the Ministry of Finance, the Law on Prices (revised) has concretized many guidelines and policies related to stabilizing the prices of goods and services
Link to bring agricultural products to the world

Link to bring agricultural products to the world

The methodical investment in quality to create a qualified raw material area for export has helped many agricultural products avoid the precarious situation in both price and output
Remove the "valve" of small-scale pork export to save pig prices

Remove the "valve" of small-scale pork export to save pig prices

VCN - Some suggest the Government should loosen barriers to sell pigs across the border to reduce losses to farmers when live hog prices fall below cost.
Pangasius exports grow strongly thanks to good prices

Pangasius exports grow strongly thanks to good prices

VCN - More than 300 Vietnamese pangasius exporters have made efforts to expand the market, especially in the EU, with export turnover growing positively thanks to good prices.
Prevent unreasonable disparity between petrol prices and prices of goods and services

Prevent unreasonable disparity between petrol prices and prices of goods and services

VCN – Talking with Customs News, economic expert Nguyen Minh Phong said that to stabilize commodity prices and ensure they are commensurate with the decrease in gasoline prices, it is necessary to declare and re-register the price of each item, especially
Prices of imported gasoline decrease by more than VND4 million/ton

Prices of imported gasoline decrease by more than VND4 million/ton

Compared to the second half of June 2022, the average price (excluding tax) of imported gasoline decreased by about US$185/ton (equivalent to over VND 4 million/ton).
Revising Law on Prices: Strengthening price declaration methods

Revising Law on Prices: Strengthening price declaration methods

VCN- The draft Law on Prices (amended) has provided more specific regulations on price declaration to serve price stabilization in case of necessity as well as one of the sources of information for the price database.
Banking shares plummet to attractive prices

Banking shares plummet to attractive prices

The banking industry may have a hard time reaching its 2022 profit growth targets, but share valuation have dropped significantly to attractive prices.
Vietnam

Vietnam's taxes on petrol and oil are low: Deputy Minister of Finance

VCN - According to Deputy Minister of Finance Ta Anh Tuan, in Vietnam after the policy on tax reduction is applied, taxes account for 29-31% in petrol prices and 13.3% in diesel oil prices
Ministry of Finance: find solutions to stabilize supply to reduce petrol and oil prices

Ministry of Finance: find solutions to stabilize supply to reduce petrol and oil prices

VCN - Questions related to petrol prices and proposals on reducing taxes on petrol and oil were answered by the Minister of Finance Ho Duc Phoc to the National Assembly deputies during a question-and-answer session of the Minister of Finance on the mornin
Minister of Finance Ho Duc Phoc: reduction of petrol and oil prices requires comprehensive solutions

Minister of Finance Ho Duc Phoc: reduction of petrol and oil prices requires comprehensive solutions

VCN - Speaking at a discussion session on the performance of the socio-economic development plan and the state budget in 2021 at the National Assembly hall on June 2, reviewing the implementation of Resolution 42/2017/QH14 on piloting bad debt settlement
Processing and manufacturing enterprises expected to speed up

Processing and manufacturing enterprises expected to speed up

VCN - Thanks to many factors from the external and internal economy, many processing and manufacturing enterprises are not only recovering production but also accelerating, bustling with domestic and export orders. Therefore, continuing to expand investme
Soaring energy prices put burden on businesses

Soaring energy prices put burden on businesses

Skyrocketing prices of petrol and coal in recent days have put great pressure on businesses whose inputs are mainly these products.
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