New points in regulation on derivatives clearing and settlement

New points in regulation on derivatives clearing and settlement

VCN - The Vietnam Securities Depository (VSD) has just issued a new regulation on the clearing and settlement of derivatives transactions at the VSD. Notable changes in this regulation are expected to reduce problems arising in the stock market, making th
Closely monitor and strengthen predictions to proactively support stock market

Closely monitor and strengthen predictions to proactively support stock market

VCN - This was one of the important instructions of Deputy Minister of Finance Nguyen Duc Chi at a conference on reviewing performance in the first five months of 2022 and implementing key tasks in the near future held by the State Securities Commission (
Covid-19 pandemic changes people

Covid-19 pandemic changes people's payment habits

Vietnam National Payment Joint Stock Company (NAPAS) said that in the first quarter of 2022, payment activities through the NAPAS network increased sharply, while cash withdrawals via ATMs tended to decrease in both quantity and transaction value.
Unannounced share sale by leader may affect securities market

Unannounced share sale by leader may affect securities market

VCN - The share sale without advanced announcement has violated regulations on information disclosure.
State Treasury to receive documents online 24 hours a day

State Treasury to receive documents online 24 hours a day

VCN - The Ministry of Finance has just issued Circular 87/2021/TT-BTC regulating online transactions in the operations of the State Treasury.
Cross-border e-commerce will enter “orbit” when decree is issued

Cross-border e-commerce will enter “orbit” when decree is issued

Many obstacles in the management activities of cross-border e-commerce will be removed when the Government approves the request to develop a decree
Deploying Treasury Management System: to digitize all transactions of the State Treasury

Deploying Treasury Management System: to digitize all transactions of the State Treasury

VCN- According to the State Treasury, pursuant to the Law on State Budget in 2015, Decree No. 24/2016 / ND-CP dated April 5, 2016, of the Government regulating the regime of state budget management and circulars.
Instruct retrospective handling for businesses engaged in related-party transactions for tax offset

Instruct retrospective handling for businesses engaged in related-party transactions for tax offset

VCN- The offset of corporate income tax paid in 2017 and 2018 shall be recalculated according to the provisions of Decree No. 68/2020/ND-CP, if the corporate income tax amount decreases, the corresponding late payment amount shall be reduced (if any).
More than VND 334 trillion of domestic taxes are paid electronically

More than VND 334 trillion of domestic taxes are paid electronically

VCN- According to the General Department of Taxation, as of June 30, the country had 780,109 operating enterprises, up by 22,576 compared to the end of 2019.
Compulsory transactions through trading floors proposed

Compulsory transactions through trading floors proposed

VCN - There are about 15,000 real estate businesses, 1,200 real estate trading floors with more than 400,000 real estate brokerage staff and more than 80% of real estate transactions on the market made via brokers.
Banking transactions, mobile payments grow sharply in Vietnam

Banking transactions, mobile payments grow sharply in Vietnam

Non-cash payments continue to boom in Vietnam this year as the country has seen a surge in banking transactions and mobile payments in the first four months of the year, according to an official from the State Bank of Vietnam (SBV).
Araising more than 37,000 dossiers on online public services of State Treasury in the peak period

Araising more than 37,000 dossiers on online public services of State Treasury in the peak period

According to State Treasury, currently, the online public services is being “spread” among the units using the State budget in the country
Strong e-payment growth recorded in 2019

Strong e-payment growth recorded in 2019

Cashless payments grew strongly in 2019 with 635 000 transactions worth a total of VND380 trillion recorded each day
Online public service of State Treasury: Operating smoothly and ensuring safety

Online public service of State Treasury: Operating smoothly and ensuring safety

VCN - After a period of active online public services, the State Treasury units of the provinces and cities have obtained certain results.​
Over 16,000 dossiers sent online at State Treasury every day

Over 16,000 dossiers sent online at State Treasury every day

According to the latest statistics from the State Treasury, the total number of units participating in online public services is 48,267
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