Finance

Deputy PM urges hastened procedures for cancelled IDA loans

28/03/2023 14:25 Finance

Deputy Prime Minister Tran Luu Quang has signed a dispatch on the cancellation of World Bank (WB) loans due to the unusability, and the re-allocation and use of the cancelled International Development Association (IDA) loans in the 2022 - 2023 fiscal year.

Reduce operating interest rates to promptly support businesses

28/03/2023 10:11 Finance

For the first time in two years, the State Bank of Vietnam (SBV) has decided to cut some operating interest rates from 0.5-1%. According to experts, this is a very flexible and timely decision.

Promoting cooperation and strategic partnership between Vietnam and Australia

28/03/2023 10:09 Finance

Minister of Finance Ho Duc Phoc had a meeting and working session with Mr. Andrew Goledzinowski, Australia’s Ambassador to Vietnam and the Australian delegation at the headquarters of Ministry of Finance

Vietnam adjusting policies to adapt to global minimum corporate income tax: Official

27/03/2023 15:48 Finance

Vietnam is studying and adjusting its investment policies to adapt to the global minimum corporate income tax which is scheduled to be applied from 2024, said Deputy Minister of Planning and Investment Nguyen Thi Bich Ngoc.

Handling bonded debt by real estate will speed up the settlement of bad debt

27/03/2023 13:43 Finance

One of the most important points of Decree 08/2023/NĐ-CP amendments to some articles of decree prescribing the private placement and trading of privately placed corporate bonds is allowing swaps of bonded debt with real estate.

Improve the fairness and transparency of the stock market, protect investors against volatility

26/03/2023 09:31 Finance

JICA has committed to supporting Vietnam Stock Exchange, helping the State Securities Commission to strengthen the capacity of management and supervision

Corporate bond issuance surges in March after prolonged inactivity

20:45 | 25/03/2023 Finance

The corporate bond market is showing signs of recovery after a prolonged period of inactivity with a notable increase in both the number of issuers and value of issuance.

Expectations to boost the corporate bond market

10:18 | 25/03/2023 Finance

VCN - The corporate bond market is expected to be opened up after Decree 08/2023/ND-CP amends, supplements and ceases the effect of a number of articles in the issued decrees regulating the offering and trading of privately issued corporate bonds. New reg

Additional assignment and adjustment of the medium-term public investment plan for the period of 2021-2025

09:04 | 24/03/2023 Finance

Deputy Prime Minister Le Minh Khai signed Decision 215/QD-TTg on additional assignment and adjustment of the medium-term public investment plan with central budget capital in the 2021-2025 period for projects of internal ministries, and central and local

Vietnam joins Multilateral Convention to tackle tax evasion and avoidance

15:22 | 23/03/2023 Finance

The Organisation for Economic Cooperation and Development (OECD) and Vietnam on March 22 signed the world’s most wide-reaching international treaty for multilateral tax cooperation, the Multilateral Convention on Mutual Administrative Assistance in Tax Matters (MAAC), bringing the total number of jurisdictions that participate in the convention to 147.

The bankruptcy of some American banks cannot create a financial crisis

10:24 | 23/03/2023 Finance

The recent collapse of several small and medium-sized US banks has raised concerns about the possibility of a financial crisis.

Mr. Hoang Van Thu appointed as Vice Chairman of Securities Commission

11:55 | 22/03/2023 Finance

VCN – On the afternoon of March 20, 2023, the State Securities Commission (SSC) held a ceremony at the headquarters, to announce the decision of the Minister of Finance to appoint Mr Hoang Van Thu Deputy Director of the Department of Corporate Finance (

HCM City set an objective of 100% of e-invoices from cash registers

09:43 | 21/03/2023 Finance

The People's Committee of Ho Chi Minh City issued a document directing affiliated departments, branches and localities to focus on implementing solutions to ensure 100% of e-invoices initialized from cash registers

Loan interest decreased due to lower deposit interest rates

09:42 | 21/03/2023 Finance

VCN - According to information from the State Bank (SBV), from March 6, four state-owned commercial banks (Vietcombank, BIDV, VietinBank, and Agribank) decreased by 0.2%/year, commercial joint stock banks decreased by 0.5%/year compared to the interest ra

Time for tax settlement for 2022

09:31 | 19/03/2023 Finance

VCN - The tax sector has prepared technology infrastructure and enhanced online support to help taxpayers conveniently fulfill their obligations to the State budget.

Creating a breakthrough in disbursement of public investment capital

20:18 | 18/03/2023 Finance

VCN – In order for the public investment disbursement rate in 2023 to reach the set target, from the first months of the year, many fundamental and feasible solutions have been taken to remove problems in this work.

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Corporate bonds worth 1.1 billion USD issued in March

13:55 | 06/04/2023 Finance

The corporate bond market is showing signs of recovery with a notable increase in both the number of issuers and the value of issued bonds in March.

Tax revenue is estimated at VND 426,922 billion in the first quarter

09:56 | 06/04/2023 Finance

VCN - In the first three months of the year, state budget revenue managed by the tax agency was estimated at VND426,922 billion, equaling 31.1% of the ordinance estimate and 104.6% over the same period. Domestic revenue is estimated at VND411,418 billion,

Nearly 400 complaints about insurance distribution through banks on Ministry of Finance hotline