Minister Ho Duc Phoc: Gaining achievements by implementing fiscal policy

Minister Ho Duc Phoc: Gaining achievements by implementing fiscal policy

Under the leadership and direction of the Government, the Prime Minister, the Ministry of Finance and other ministries, sectors and localities have been implemented fiscal policy and gained many achievements.
The fiscal policy affirms the pivotal role of the economy

The fiscal policy affirms the pivotal role of the economy

The effective implementation of fiscal policy has contributed significantly to the economy's strong recovery in the first 10 months of 2022.
Public debt safety indicators are strictly controlled

Public debt safety indicators are strictly controlled

VCN - The Government's report on the public debt in 2022 and 2023 shows that the debt target by the end of 2022 is expected to be within the ceiling limit and safety warning threshold approved by the National Assembly.
Fiscal policy affirms the pivotal role of the economy

Fiscal policy affirms the pivotal role of the economy

VCN - A significant contribution to the strong recovery of the economy in the first 10 months of 2022 is the effective implementation of fiscal policy. In particular, the pillar is supporting policies for people and businesses facing difficulties during t
Economic growth in 2023: Flexible coordination of fiscal and monetary policies

Economic growth in 2023: Flexible coordination of fiscal and monetary policies

VCN - It is forecast that in 2023, Vietnam's economic growth would face many unpredictable risks and challenges. Continuing to promote the implementation of appropriate fiscal policies, while carefully reviewing and effectively coordinating the applicatio
The strength of the economy and fiscal policy help Vietnam to rise in credit rating

The strength of the economy and fiscal policy help Vietnam to rise in credit rating

Moody's Investors Service upgraded the Government of Vietnam's long-term issuer and senior unsecured rating from Ba3 to Ba2 and changed the outlook from stable to positive
Fiscal policy to promote economic growth

Fiscal policy to promote economic growth

Over the past time, the Finance sector has promptly proposed fiscal policy solutions to actively support, and create favorable conditions for people and businesses
Deputy Minister of Finance: Reducing environmental protection tax on petroleum leading to a decrease of more than VND32,500 billion in budget revenue

Deputy Minister of Finance: Reducing environmental protection tax on petroleum leading to a decrease of more than VND32,500 billion in budget revenue

The Deputy Minister of Finance said that the increase in budget revenue from petroleum imports in the year was about VND9,100 billion
Improving national credit rating in the new period

Improving national credit rating in the new period

VCN - With new goals of improving the national credit rating for the period up to 2030, a series of solutions have been developed in order to help the Government and businesses achieve more cost-effectiveness in capital mobilization.
Deploying support package: Pay attention to market development for risk management measures

Deploying support package: Pay attention to market development for risk management measures

In the Support Program for Socio-Economic Development, some components contain potential risks of inflation or pressure on the budget deficit.
Establishing a high-level policy dialogue channel to promote public finance reform

Establishing a high-level policy dialogue channel to promote public finance reform

The Ministry of Finance coordinated with the World Bank to hold a meeting of the public finance partnership group.
Slow disbursement of public investment capital, difficult to stimulate economic demand

Slow disbursement of public investment capital, difficult to stimulate economic demand

The issue of disbursement of public investment capital requires attention, because the disbursement rate is still quite slow, especially in some southern provinces and cities
Room for fiscal policy extension is more favorable than monetary policy

Room for fiscal policy extension is more favorable than monetary policy

VCN - On the afternoon of November 16, within the session 2 of the Financial Forum in 2021 with the theme "Financial strategy in the 2021-2030 period: Economic recovery and economic development solutions", experts contributed many comments on solutions an
Vietnam has always been an active APEC member in regional financial cooperation

Vietnam has always been an active APEC member in regional financial cooperation

Deputy Minister Tran Xuan Ha on behalf of the Ministry of Finance of Vietnam, attended the 28th APEC Finance Ministers’s Online Meeting.
Focusing on perfecting financial institutions - State budget

Focusing on perfecting financial institutions - State budget

Improving financial institutions - State budget is an important task that is of concern by the Ministry of Finance in recent years
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