
Ministry of Finance urges swift insurance compensation after Typhoon Yagi
The Ministry of Finance’s Insurance Supervisory Authority has called on insurance companies to expedite compensation payments to those affected by typhoon Yagi.
The Ministry of Finance’s Insurance Supervisory Authority has called on insurance companies to expedite compensation payments to those affected by typhoon Yagi.
Prime Minister Pham Minh Chinh has directed the Ministry of Finance to develop policies to limit real estate speculation and improve oversight of construction projects.
In a significant move to support businesses during challenging times, the Vietnamese government has extended and enhanced various tax relief programmes for 2025, with reductions and deferral measures aimed at stimulating economic growth.
The Ministry of Public Security will set up a database on road traffic order and safety as per Decree 151/2024/ND-CP which took effect on January 1, 2025.
The retail prices of petrol were revised up on January 9 afternoon following the latest adjustment by the Ministries of Industry and Trade, and Finance.
The retail petrol prices were adjusted up from 3pm on January 2 by the Ministry of Industry and Trade and the Ministry of Finance.
Prime Minister Pham Minh Chinh chaired a conference in Hanoi on December 31 to review budgetary-financial affairs in 2024 during which he requested the financial sector to change mindset and promote creativity to complete all finance-budget-related tasks in 2025.
Measures to alleviate difficulties for enterprises and citizens in 2024 proposed by the Ministry of Finance including tax and fee reduction and exemption represented an estimated value of 191 trillion VND (7.49 billion USD), the ministry reported on December 31.
The Ministry of Industry and Trade, and the Ministry of Finance have adjusted down the retail sale prices of petrol products from 3pm on December 26.
The Ministry of Finance announced on December 24 that it had coordinated with relevant ministries and agencies to issue certificates of eligibility for providing credit rating services to five enterprises as of December.
The Ministry of Finance has proposed the National Assembly extend the agricultural land tax exemption until December 31, 2030, a move aimed at encouraging investments in agriculture and rural areas to improve the competitive edge of the agricultural products amidst deeper international integration.
The northern port city of Hai Phong disbursed about 13.5 trillion VND (531.6 million USD) of public investment capital in the first 11 months of this year, equal to 79.2% of the annual plan assigned by the Prime Minister and 64.2% of its own target, according to the Ministry of Finance.
The state budget revenue topped 1.8 quadrillion VND (71 billion USD) in the first 11 months of this year, equivalent to 106.3% of this year's target and up 16.1% from the same period in 2023, the Ministry of Finance reported on December 4.
The Ministry of Finance has proposed the tax incentives for the automobile part-supplying industry to be extended through December 31, 2027, instead of the end of this year to promote the development of the domestic automobile industry.
The Ministry of Finance (MoF) has proposed Vietnam's value-added-tax (VAT) reduction should continue until at least June 2025, saying the tax cut has provided both the business community and the economy with much-needed support.
Public investment disbursement was estimated at 355.61 trillion VND (14 billion USD) in the first 10 months of this year, fulfilling 52.2% of the annual target, according to the Ministry of Finance (MoF).
The retail petrol prices were adjusted up from 3pm on November 7 by the Ministry of Industry and Trade and the Ministry of Finance.
The retail prices of petrol were revised down, while that of oil products increased on October 31 in the latest adjustment by the Ministry of Industry and Trade and the Ministry of Finance.
The total value of corporate bond issuances in September dropped significantly, by 60% from August, to the lowest figure recorded since May, a recent report showed.
The retail prices of petrol products were adjusted up from 3pm on October 10 by the Ministry of Industry and Trade and the Ministry of Finance.