The Ministry of Finance has conducted procedures to adjust and supplement the Government’s Decree 65 regarding the private issuance of corporate bonds, Deputy Minister Nguyen Duc Chi said at a government regular press conference in Hanoi on February 2.
The Ministry of Finance (MoF) said tax support policies and land-use fee reductions for businesses should be continued throughout 2023 despite shortfalls in state budget collection.
The Ministry of Finance (MoF) aims to implement many solutions to achieve the goal of comprehensively developing a safe and sustainable insurance market and meeting the diverse insurance needs of organisations and individuals and ensuring social security this year.
The Ministry of Finance (MoF) has suggested a series of solutions related to fiscal and tax policies in support of citizens and businesses this year, Deputy Minister of Finance Nguyen Duc Chi told a regular press conference of the Government in Hanoi on January 3.
Total State budget collection was estimated at over 1,803 trillion VND (76.6 billion USD) in 2022, equivalent to 127.8% of the estimate, up 15% year on year, reported the Ministry of Finance (MoF) on January 3.
State budget revenue in 2023 is projected at 1.62 quadrillion VND (68.5 billion USD), up 0.4% from 2022, according to a report on state budget, which was exclusively made for the public.
The Ministry of Finance (MoF) is coordinating with ministries and agencies to assess the market situation to consider and submit to the Government amendments and supplements of a number of articles of the decree on offering and trading private placement corporate bonds in the domestic and foreign markets.
Tax revenue from e-commerce activities has increased gradually over the years, but is still modest compared to the actual development of this activity.
The disbursed public investment sourced from foreign borrowing was estimated at more than 9 trillion VND in the first 11 months of the year, equivalent to only 26% of the plan, said an official from the Ministry of Finance.
State budget revenue reached over 1.69 quadrillion VND (71.4 billion USD) as of December 15, exceeding the estimate by 19.8%, the Ministry of Finance announced at a conference in Hanoi on December 19.
Ministries and sectors will continue to stablise prices of goods from now until the end of the year and in the first quarter of 2023, especially before and during the Lunar New Year (Tet) in 2023.
The Ministry of Finance (MoF) has just submitted to the Government a draft decree on trading private placement of corporate bonds in the domestic market and offering bonds to international markets.
The Thai Ministry of Finance has indicated that the Thai economy may not reach a forecast growth of 3.8% next year due to a global economic slowdown, but said this year’s outlook should still be achieved.
The 11-month state budget revenue is estimated at nearly 1.64 quadrillion VND (67 billion USD), equivalent to 116.1% of the target and up 17.4% from a year earlier, the Ministry of Finance (MoF) announced on December 1.
Financial policies for socio-economic growth and development in the new context is the theme of the annual Vietnam Finance Forum 2022 held in the central city of Da Nang on November 25.
The Ministry of Finance (MoF) has introduced many favourable policies on tax, fees and land rent to ease the financial burdens on individuals and firms, boosting economic recovery, according to Deputy Minister of Finance Cao Anh Tuan.
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