State budget revenue for 2024 nears target

State budget revenue for 2024 nears target

Data from the Ministry of Finance reveals that by the end of October 2024, state revenue is on the brink of reaching the annual target.
Ministry of Finance responds to information on proposal to tax real estate

Ministry of Finance responds to information on proposal to tax real estate

VCN - Responding to the hot issue of public concern regarding the proposal to tax real estate transactions to prevent speculation in the real estate market, at the press conference for the third quarter of 2024 held by the Ministry of Finance on September
Control cash flow, target the right segment

Control cash flow, target the right segment

This is the opinion of Dr. Nguyen Van Dinh, Vice President of Vietnam Real Estate Association in an interview with reporters about the difficulties in capital sources in the current real estate market.
Improve business environment to unlock potential for businesses

Improve business environment to unlock potential for businesses

VCN - According to Mr. Mac Quoc Anh, Vice Chairman and General Secretary of the Hanoi Association of Small and Medium Enterprises, despite current challenges, many resources are mobilized to optimize business results.
There should soon be more mechanisms to control land speculation by imposing taxes

There should soon be more mechanisms to control land speculation by imposing taxes

VCN - The sudden high auction price of land can create a trend of land speculation. In order for land auctions to be transparent and increase revenue for the budget, the State needs to soon have more mechanisms to control speculative activities by imposin
The outlook for maturing real estate corporate bonds might be more positive in 2024 compared to 2023

The outlook for maturing real estate corporate bonds might be more positive in 2024 compared to 2023

VCN - Customs News interviewed financial expert Nguyen Tri Hieu (Photo).
After six consecutive increase years, tax revenue from real estate transfer plunges

After six consecutive increase years, tax revenue from real estate transfer plunges

VCN – In 2023, real estate market was in extremely difficult time, purchasing power and liquidation had a sharp decline and there was a lack of cash flow, the amount of personal income tax (PIT) from real estate transfer activities plunged.
Corporate profits enter recovery cycle

Corporate profits enter recovery cycle

The recently released Q1 2024 business results update by SSI Securities Corporation shows that corporate profits may have overcome the most challenging period and entered a phase of recovery
Without resolving three significant bottlenecks, real estate market

Without resolving three significant bottlenecks, real estate market's revival will face numerous challenges

VCN - Economic expert Vu Dinh Anh shares insights on the real estate market's recovery trajectory in 2024.
Credit package of VND120 trillion: must be disbursed as soon as conditions are met

Credit package of VND120 trillion: must be disbursed as soon as conditions are met

Only 28 out of 63 provincial People's Committees have sent documents or announced the list of projects participating in the VND120 trillion credit package
Many real estate businesses face difficulties of cash flow

Many real estate businesses face difficulties of cash flow

VCN - Although many policies to overcome difficulties have been put forward by the Government, ministries and branches but many real estate businesses face the situation of being "thirsty for money". Finding solutions to unlock capital sources for the rea
Several real estate businesses were forced to pay taxes

Several real estate businesses were forced to pay taxes

Many real estate businesses with tens of billions of VND in tax debt have been forced by the Customs authority to stop customs procedures at the request of the Tax authority.
Demand for real estate in industrial park is growing positively

Demand for real estate in industrial park is growing positively

VCN - The industrial real estate market received a lot of good news in both supply and demand. The market is supplemented with new supply from a number of newly started and launched projects, along with demand and rental prices being stable or slightly in
Strong decentralization to speed up the progress of real estate arrangements

Strong decentralization to speed up the progress of real estate arrangements

VCN - The Ministry of Finance is developing a draft Government Decree regulating the arrangement and handling of public assets (replacing Decree No. 167/2017/ND-CP and Decree No. 67/2021/ND-CP of the Government). The promulgation of this resolution is necessary and is the basis to accelerate the progress of rearranging and handling houses and land to ensure that by 2025, the rearrangement and handling of houses and land will be completed nationwide and handle problems and inadequacies in the process of rearranging and handling houses and land.
The real estate market began to record bright spots

The real estate market began to record bright spots

VCN - According to the Vietnam Real Estate Brokers Association, the number of transactions across the market has gradually increased over time. However, in the first 9 months of 2023, the number of new transactions is only about 50% compared to the same period last year.
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