Need to "shake hands" more tightly in implementing interest rate support for businesses

Need to "shake hands" more tightly in implementing interest rate support for businesses

VCN - According to Mr. Can Van Luc, Chief Economist of BIDV and member of the National Monetary and Financial Policy Advisory Council, in order to improve the effectiveness of the implementation of support packages and components in the socio-economic rec
Ministry of Finance submits to the Government to amend regulations on invoices and documents

Ministry of Finance submits to the Government to amend regulations on invoices and documents

VCN - On the basis of the Government's decrees, the Ministry of Finance has issued guiding documents and directed the tax authorities to implement them uniformly.
Deputy Prime Minister Le Minh Khai is the Chairman of the National Financial and Monetary Policy Advisory Council

Deputy Prime Minister Le Minh Khai is the Chairman of the National Financial and Monetary Policy Advisory Council

Prime Minister Pham Minh Chinh signed Decision No. 639/QD-TTg dated May 24, 2022, consolidating the National Financial and Monetary Policy Advisory Council.
Minister Ho Duc Phoc works with delegation from IMF

Minister Ho Duc Phoc works with delegation from IMF

VCN - The Minister highly appreciated IMF’s experts for providing technical support to the ministry in perfecting policies and managing macro-financial finance.
Adaptive fiscal, monetary policies crucial for economic recovery: ASEAN officials

Adaptive fiscal, monetary policies crucial for economic recovery: ASEAN officials

ASEAN finance ministers and central bank governors gathered at their 8th meeting (AFMGM) via videoconference on April 8.
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.
Minister stresses flexible combination of fiscal, monetary policies

Minister stresses flexible combination of fiscal, monetary policies

As the COVID-19 pandemic is predicted to linger and affect the State budget revenue as well as spending on the pandemic combat, it is necessary to flexibly combine fiscal and monetary policies to keep macro-economic stability, said Minister of Finance Ho Duc Phoc.
Lower interest rates: Help reduce pressure to repay debts

Lower interest rates: Help reduce pressure to repay debts

VCN- According to the SBV, since2016, the operating interest rates have been reduced by 2-2.5%/year, decreasing from 0.8-1.5%/year to the ceiling interest rate for terms below six months and 2.5%/year ceiling lending interest rate for priority sectors.
Central bank to adjust monetary policies to weather pandemic

Central bank to adjust monetary policies to weather pandemic

The State Bank of Vietnam SBV announced it could adjust monetary policies including credit growth and incentives in the remaining months of the year to cope with the COVID 19 pandemic
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