Deputy PM urges hastened procedures for cancelled IDA loans Business

Deputy PM urges hastened procedures for cancelled IDA loans

Deputy Prime Minister Tran Luu Quang has signed a dispatch on the cancellation of World Bank (WB) loans due to the unusability, and the re-allocation and use of the cancelled International Development Association (IDA) loans in the 2022 - 2023 fiscal year.
Two-month state budget revenue grows 10.6% year on year Business

Two-month state budget revenue grows 10.6% year on year

An estimated 362.3 trillion VND (nearly 15.3 billion USD) was collected for the state budget in the first two months of 2023. The total is equivalent to 22.4% of the year’s target and up 10.6% from a year earlier, the Ministry of Finance reported on March 3.
Cautious budget landscape expected for 2023 Business

Cautious budget landscape expected for 2023

With a view to making a financial disclosure of the state budget, the Ministry of Finance (MoF) has publicised its report on Vietnam’s budget situation estimates for 2023. This shows some caution in formulating budget estimations amid lingering difficulties at home and abroad.
Financial sector gears up to navigate headwinds Business

Financial sector gears up to navigate headwinds

The Ministry of Finance is taking various scenarios under consideration to cope with global uncertainty to complete its budget collection target as set by the National Assembly, Minister Ho Duc Phoc told Vietnam News Agency’s reporter on the occasion of Lunar New Year 2023.
Ministry of Finance aims to develop the insurance market Business

Ministry of Finance aims to develop the insurance market

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.
Fiscal, tax support policies continue in 2023: Deputy Minister Business

Fiscal, tax support policies continue in 2023: Deputy Minister

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.
State budget collection up 15% in 2022 Business

State budget collection up 15% in 2022

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.