International practices in price management

International practices in price management

The Ministry of Finance said there isn't a massive gap in the regulations of price management in Vietnam and other countries applying for goods items subjected to State management.
Revising Law on Prices: Avoiding overlaps between specialized laws

Revising Law on Prices: Avoiding overlaps between specialized laws

VCN – Speaking to the press, Deputy Minister of Finance Ta Anh Tuan said the draft Law on Prices (revised) will be comprehensive to ensure price management to avoid overlaps between the Law on Prices and other specialized laws.
Fear of rising costs "overwhelms" businesses

Fear of rising costs "overwhelms" businesses

As reflected by businesses to Government leaders, rising costs have been a big challenge affecting the speed of recovery and growth in the last months of the year.
Customs valuation management: Seven years of “gains” and “failures”

Customs valuation management: Seven years of “gains” and “failures”

Customs valuation management is a specific technical field of operation that plays a key role in the management of general and taxes for goods in particular.
Customs valuation management needs boarder ‘coat’

Customs valuation management needs boarder ‘coat’

Although the specialized human resources performing valuation tasks are assessed to meet requirements, the model of the customs valuation management structure at the departmental and branch levels is not unified yet.
Keeping inflation below 4% is very difficult

Keeping inflation below 4% is very difficult

According to economist Vu Vinh Phu (photo), keeping inflation below 4% in 2022 is very difficult. Therefore, solutions related to energy, raw materials and supply chains are the most important right now.
Prevent unreasonable price increases

Prevent unreasonable price increases

Ministries, sectors and provinces need to strictly fulfill directives of the Steering Committee on price management to avoid the situation of goods and service prices following the adjustment of petroleum prices.
Price management will be executed from early in the year

Price management will be executed from early in the year

VCN - According to the representative of the Price Management Department, inflation in countries in the world has seen a high rate, of which this rate in European countries currently exceeds 5%.
The impact of gasoline prices has been calculated and forecasted since the beginning of the year

The impact of gasoline prices has been calculated and forecasted since the beginning of the year

Facing the rise of gasoline prices, price management is being actively and flexibly implemented by the authorities to avoid putting pressure on the economy as well as people's lives.
Actively offering appropriate policies in price management

Actively offering appropriate policies in price management

VCN – On the afternoon of December 30, the Price Management Department under the Ministry of Finance organized a conference to review performance in 2021 and set out tasks for 2022. Deputy Minister of Finance Ta Anh Tuan attended and chaired the conferenc
Carrying out price administration in careful, flexible and proactive manners

Carrying out price administration in careful, flexible and proactive manners

The inflation rate is expected at 1.9% in 2021 that will help to reduce the pressure in 2022 when many factors are creating pressure on inflation control and price administration.
2022: prudent, flexible and active in price management

2022: prudent, flexible and active in price management

VCN - The expected inflation rate of 1.9% in 2021 will help reduce pressure for 2022 when many factors are putting pressure on inflation control and price management. However, price management and inflation control in 2022 will be done cautiously, flexibl
Inflation control targets easily met despite high raw material prices

Inflation control targets easily met despite high raw material prices

The Ministry of Finance affirmed that the high price of raw materials has not put great pressure on inflation control targets in 2021.
Aims to achieve price stabilization during the coming Lunar New Year

Aims to achieve price stabilization during the coming Lunar New Year

The Ministry of Finance issued Directive No. 02/CT-BTC on strengthening management and stabilizing prices during the Lunar New Year in 2022.
Keeping commodity prices stable, ensuring inflation control

Keeping commodity prices stable, ensuring inflation control

Deputy Prime Minister Le Minh Khai chaired a meeting of the Steering Committee on reviewing the evaluation of price management
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