Prime Minister Nguyen Xuan Phuc has asked ministries and People’s Committees of centrally-run cities and provinces to step up the implementation of programmes and tasks on air quality control.
Export turnover through border gates in the Mekong Delta province of An Giang exceeded 1.31 billion USD in 2020, representing a year-on-year increase of 8 percent, according to the provincial Department of Customs.
Retail petrol prices rose by more than 400 VND from 3pm on January 11, the fourth increase in a row, following the latest review by the Ministry of Industry and Trade and the Ministry of Finance.
The number of foreign direct investment (FDI) enterprises continues to increase in Vietnam, but more are reporting losses. The Ministry of Finance (MoF) said FDI firms' contributions were not yet commensurate with the preferential policies given to them.
The financial sector expects to collect over 1.343 quadrillion VND (58.4 billion USD) for the State budget in 2021, equivalent to 15.5 percent of the country’s gross domestic product (GDP), said the Ministry of Finance.
Inspections against transfer pricing will be increased as per a proposal by the Ministry of Finance in the context that more than half of foreign direct investment (FDI) enterprises reported losses.
Thailand’s Ministry of Finance this year will focus on three areas to revive the national economy amid slower-than-expected recovery and a second wave of COVID-19.
The Ministry of Transport has proposed Prime Minister Nguyen Xuan Phuc approve the allocation of an additional 1.18 trillion VND (51.7 million USD) from the State budget to Deo Ca Tunnel Project.
Vietnam’s insurance market has experienced growth this year, while many other sectors are suffering a lot of negative impacts from the COVID-19 pandemic.
More than 1.48 quadrillion VND (64.2 billion USD) was collected for the State budget in 2020, equivalent to 98 percent of the target, according to the Ministry of Finance.
The Ministry of Natural Resources and Environment, in coordination with the World Bank, held a Final Workshop for the “Vietnam Partnership for Market Readiness” project in Hanoi on December 29. After 5 years of implementation, up to now, the project has made basic preparations, paving the way for the formulation of carbon market policies.
Prime Minister Nguyen Xuan Phuc has signed Decision 37/2020/QD-TTg on the establishment of the Vietnam Stock Exchange (VNX), with the aim of unifying the stock market and ensuring efficient, fair, open and transparent activities.
The General Department of Vietnam Customs has put forward various policies to accelerate public administrative reforms and support domestic exporters and importers since the beginning of this year in response to the impacts of the COVID-19 pandemic.
Relevant agencies have rolled out various solutions this year to help taxpayers cope with the adverse impact of COVID-19, a forum on tax policy held in Hanoi on December 18 heard.
The United States Agency for International Development (USAID) on December 15 launched the Local Health System Sustainability (LHSS) project in Vietnam.
The Ministry of Finance has announced the State budget estimates for 2021, which target over 1.34 quadrillion VND (58.2 billion USD) in State budget revenue.
Environment
