The Government will keep State budget overspending not to exceed 3.5 percent of GDP and less than 178 trillion VND (7.8 billion USD) as set by the National Assembly.
Lawmakers continued their discussions on the implementation of the socio-economic development plan and state budget in 2017, as well as orientations and measures for 2018 on November 1 as part of the ongoing fourth sitting of the 14th National Assembly.
Reports on the country’s situation in 2017, plans for 2018 and two draft laws, along with outcomes of the verification of those reports, were submitted to the 14th National Assembly (NA) on the first day of its fourth session in Hanoi on October 23.
Vietnam needs experience shared by APEC member economies to promote financial inclusion, Deputy Governor of the State Bank of Vietnam (SBV) Nguyen Thi Hong has said.
The 24th APEC Finance Ministers’ Meeting – the most important event of the APEC Finance Ministers Process - closed in Hoi An ancient city in the central province of Quang Nam on October 21 after issuing a joint ministerial statement.
The 24th APEC Finance Ministers’ Meeting – the most important event of the APEC Finance Ministers Process - opened in Hoi An ancient city in the central coastal province of Quang Nam on October 21.
Vietnam’s Ministry of Finance (MoF) and The Treasury of Australia will step up financial cooperation as per stipulated in a Memorandum of Understanding (MoU) inked by Minister Dinh Tien Dung and Treasurer Scott John Morrison.
Vietnam expects the US to accelerate the ratification of an agreement on double taxation avoidance and facilitate negotiations for a governmental agreement on cooperation and assistance between customs agencies, said a high-ranking official.
Minister of Finance Dinh Tien Dung had a meeting with Mitsuhiro Furusawa, Deputy Manager of the International Monetary Fund (IMF) on October 20 on the sidelines of the ongoing APEC Finance Ministers’ Meeting (FMM) 2017 that is underway in Hoi An city, the central province of Quang Nam.
Vietnamese Minister of Finance Dinh Tien Dung, Chairman of the APEC 2017 Finance Ministers’ Meeting (FMM), has expected to receive further support from the OECD.
The National Assembly Standing Committee has not approved the Ministry of Finance’s proposal to almost triple the environmental protection tax on oil and gas consumption, citing potential harm to consumers.
Minister of Finance Dinh Tien Dung paid an official visit to Cuba from August 23-25 with the aim of shoring up financial and trade partnership between Vietnam and Cuba.
FPT Japan, a branch of Vietnam’s largest software producer FPT Group, has been urged to contribute more to the Vietnamese IT sector as the world is entering the fourth industry revolution.
Vietnam’s Finance Ministry and Daiwa Corporation of Japan co-hosted a conference in Tokyo on August 21 to promote financial investment in Vietnam with the attendance of more than 200 Japanese firms.
State budget revenues falling short of the half-way mark in the first six months of the year is a normal feature of the domestic economy and does not preclude meeting the annual target.
A ceremony was held in Hanoi on July 12 to launch the Vietnam trade information portal at http://www.vietnamtradeportal.gov.vn
The National Assembly heard reports on State budget balance and audit in 2015 by government members during a working session in Hanoi on May 22, under the chair of NA Vice Chairman Phung Quoc Hien.
Vietnam’s steady transition to a liberalised economy is the subject of a wide-ranging analysis in a new report by the global research and consultancy firm Oxford Business Group (OBG).
