Expecting support from foreign capital

Expecting support from foreign capital

VCN – The active disbursement of foreign capital has created a driving force to support the market against short-term risks of ineffective performance of enterprises and the difficulties the economy is facing.
When will Covid-19 vaccine fund be closed?

When will Covid-19 vaccine fund be closed?

VCN - At the conference, Deputy General Director of the State Treasury Tran Thi Hue said that as of 5:00 pm on January 5, the total Covid-19 Vaccine fund was VND 10,682.8 billion. This was the donation amount of 691,142 organizations and individuals.
Many difficulties in implementing Credit Guarantee Fund for SMEs

Many difficulties in implementing Credit Guarantee Fund for SMEs

VCN – After four years of implementing Decree 34/2018/QD-TTg on the establishment, organization and operations of the Credit Guarantee Fund for small and medium enterprises (SMEs), many difficulties and problems have been revealed and need to be removed.
Balance of Petroleum Price Stabilization Fund remains about VND310.8 billion by the end of QII

Balance of Petroleum Price Stabilization Fund remains about VND310.8 billion by the end of QII

VCN – At the end of the second quarter, the Petroleum Price Stabilization Fund balance remains about VND310.8 billion, the Ministry of Finance has said.
Clarifying shortcomings in the implementation of credit guarantees for SMEs

Clarifying shortcomings in the implementation of credit guarantees for SMEs

VCN – A workshop to review the establishment, management and operation of the Credit Guarantee Fund for small and medium-sized enterprises (SMEs) under Decree 34/2018/ND-CP was jointly held by the Department of Banking and Financial Institutions (Ministry
Encouraging credibility rating culture to improve corporate bond quality

Encouraging credibility rating culture to improve corporate bond quality

VCN - Mr. Phung Xuan Minh, Chairman of the Board of Directors of Saigon Phat Thinh Ratings Joint Stock Company, spoke to Customs News about issues related to the corporate bond market.
Remarkable things coming for the State budget in 2022

Remarkable things coming for the State budget in 2022

VCN – The key targets of the State budget picture in 2022 have been decided. Along with that, major changes in the implementation of financial and budgetary work have been specified by the National Assembly and the Government.
ADB funds US$60 million to improve climate resilience of infrastructure in Vietnam

ADB funds US$60 million to improve climate resilience of infrastructure in Vietnam

VCN — The Asian Development Bank (ADB) has approved a US$60 million financing package to improve the climate resilience of transport and water supply infrastructure in Viet Nam’s south-central coastal provinces of Binh Dinh and Quang Nam, especially in re
Actively managing State budget, ensuring funds for Covid-19 pandemic prevention

Actively managing State budget, ensuring funds for Covid-19 pandemic prevention

VCN – Deputy Prime Minister Le Minh Khai asked the Ministry of Finance to base on State budget revenue and developments of the Covid-19 pandemic to develop a 2021 State budget management plan.
National COVID-19 vaccine fund launched

National COVID-19 vaccine fund launched

Vietnam’s national COVID-19 vaccine fund was launched at a ceremony in Hanoi on June 5 evening, in the attendance of Prime Minister Pham Minh Chinh.
Covid-19 Vaccine Fund to be managed and used transparently

Covid-19 Vaccine Fund to be managed and used transparently

VCN- According to the Ministry of Health, Vietnam needs purchase about 150 million doses to vaccinate 75 million people, with a total cost of VND25.2 trillion.
Mobilising revenues from equitisation and divestment to State budget

Mobilising revenues from equitisation and divestment to State budget

VCN – The Ministry of Finance is developing a decree guiding the management and use of revenues from restructuring, equitisation and divestment of State capital.
Commitment to accelerate disbursements for  projects funded by AFD

Commitment to accelerate disbursements for projects funded by AFD

VCN- At the meeting, Jean-Pierre Marcelli said as a French state organization and financial institution, AFD is one of the tools of the French Government to provide official development assistance.
Find a new way of "symbiosis"

Find a new way of "symbiosis"

VCN- According to the State Bank, credit structure has shifted into production and business sectors, with trade and service credit accounting for 61.19%, up 16.5%.
Expect huge capital to inflow into Vietnam stock market

Expect huge capital to inflow into Vietnam stock market

VCN- "Vietnam’s stock market needs at least another year to be included in the ‘shortlist’ and 1-2 years later to officially be upgraded to the emerging stock market status”, VNDirect said.
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