rate

Further reduction of lending rates by 0.5%: Is it feasible?

08:03 | 25/09/2017 Finance

VCN- According to the resolution of the Government's regular meeting in August 2017, the Government has asked the banking sector to strive to further reduce the lending interest rate by 0.5% from now until the end of 2017. Experts said that this is not e

Reference exchange rate down by VND2 at week’s beginning

20:20 | 18/09/2017 Finance

The State Bank of Vietnam set its reference VND USD exchange rate at 22 439 VND USD on September 18 down by 2 VND from the end of last week

Government requests to reduce interest rate and remain the tax and fee rate

16:59 | 14/09/2017 Finance

VCN - The Government required ministries, agencies and localities to focus on drastically, and synchronously implementing the tasks and solutions set out.

Warning of wrong declaration on HS code at Haiphong port

15:14 | 27/08/2017 Anti-Smuggling

VCN- A series of wrong declaration on codes and types of goods at Hai Phong port has been detected by the Customs force in a timely fashion.

Proposing new excise tax calculation and prices of domestic cars tend to be reduced

16:24 | 16/08/2017 Finance

VCN- On the afternoon of 15th August 2017, the Ministry of Finance held a press conference introducing the Law on the amendment of Value Added Tax Law, the Excise Tax Law, the Personal Income Tax Law and the Resource Tax Law.

Proposing to build property tax law to limit speculation and waste

07:36 | 12/08/2017 Finance

VCN- In order to institutionalize the policy of taxation on property, there is a need to study and formulate the Law on Property Tax.

The Ministry of Finance explained the calculation of disbursement rate of the SBV

16:02 | 30/07/2017 Finance

VCN - The Ministry of Finance confirms that the disbursement rate of 5.8% of the 2017 budget plan of the State Bank of Vietnam (SBV) as of June 30, 2017 was absolutely accurate.

Banks face the pressure of raising capital

13:17 | 20/07/2017 Finance

VCN- The State Bank of Vietnam (SBV) decided to decrease the VND short-term lending rate by 0.5%.

No specific tax rates for the purpose of using the goods

18:37 | 25/06/2017 Regulations

VCN- The current import tariffs did not prescribe specific tax rates for the purpose of using the goods, especially sugar in heading 17.01.

Environmental tax for petroleum to be proposed to increase

12:53 | 12/04/2017 Finance

VCN- The Ministry of Justice has also submitted to the Standing Committee of the National Assembly the draft Law into the Legislative Program for 2017.

The resisting of exchange rate risks remains lot of limitations

07:55 | 27/03/2017 Headlines

VCN - Mr. To Trung Thanh, from Economics Faculty, National Economics University, Hanoi, forecasts that the exchange rate fluctuations this year may be around 4-5%.

Interest rates under pressure

08:04 | 22/03/2017 Finance

VCN- According to experts, interest rates are suffering much more pressure than in 2016 and credit growth has been relatively positive in recent years.

Some banks enter new rate race

19:41 | 21/03/2017 Finance

Some commercial banks have entered a new interest rate hike race to lure medium and long term deposits pushing the rate to a record high of more than 9 percent per year.

The interest rate in early 2017: Unusual?

08:40 | 12/02/2017 Finance

VCN-In the first months of 2017, many people are concerned whether the interest rate will follow this trend or not?

The exchange rate may increase at the range of 2% - 4% in 2017

20:53 | 11/01/2017 Headlines

VCN - According to experts, the exchange rate will be continuously under pressure from the world in 2017, but stability expectation is guaranteed due to the prospect of abundant supply of foreign currency.