PM demands speedier customs clearance Politics

PM demands speedier customs clearance

Prime Minister Nguyen Tan Dung spoke of the need to push reform during a working session with the General Department of Customs and relevant agencies in Hanoi on March 25.
ASEAN finance ministers meeting opens World

ASEAN finance ministers meeting opens

The 19th ASEAN Finance Ministers' Meeting and the 11th Asean Central Bank Governors' Meeting opened in the Malaysia capital Kuala Lampur on March 21.
State budget revenue surpasses yearly target Business

State budget revenue surpasses yearly target

State budget revenue surpassed the yearly target to hit 831.19 trillion VND (38.7 billion USD) as of December 22 despite economic troubles, Deputy Finance Minister Tran Xuan Ha informed a conference in Hanoi on December 24.
Authorities mitigate impact of falling oil price to State budget Business

Authorities mitigate impact of falling oil price to State budget

The Government will implement comprehensive measures to meet next year's annual State budget collection target of 911.1 trillion VND (42.774 billion USD), notwithstanding the insignificant effect of the global oil price decline.

Some experts are concerned about the reduction of the State's budget next year as the export value of crude oil, which has fallen by 30 percent to a four-year low of roughly 60 USD per barrel, contributes significantly to the nation's coffer.
Law-makers debate revisions to tax laws Politics

Law-makers debate revisions to tax laws

Amending the current tax laws is likely to create the best possible conditions for taxpayers to fulfill their duties while accelerating sectoral reforms in line with Vietnam’s international commitments, Finance Minister Dinh Tien Dung said.