Retail petrol prices rose by more than 300 VND per litre from 3 pm on January 26, the fifth increase in a row, following the latest review by the Ministry of Industry and Trade and the Ministry of Finance.
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.
Although many forecasts said that inflation would be controlled at less than 4 percent this year, economists recommended it was still important to pay attention to inflationary pressures.
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.
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, according to the Ministry of Finance.
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 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.
The disbursement of public investment sourced from foreign loans in localities around Vietnam during January - November increased considerably compared to the first half of the year.
Vietnam has opportunities to access a wide commercial capital market which allows the country be more active and flexible in capital mobilisation and use in order to compensate for the shrinking ODA, said Truong Hung Long, head of the MoF’s Department of Debt Management and External Finance.
More than 50 percent of this year’s revised plan for public investment sourced from foreign concessional loans and official development assistance (ODA) funds has been left undisbursed as the year’s end approaches, Deputy Minister of Finance Tran Xuan Ha told a Hanoi conference on December 7.
The General Department of State Reserves at the Ministry of Finance on December 2 directed the Department of State Reserves in the Nghe An-Ha Tinh region to deliver 1,000 tonnes of rice from the national reserve to Savanakhet province in Laos, to support natural disaster-hit people in the locality.
Representatives of ministries, agencies, localities, business associations and enterprises gathered at a dialogue in Hanoi on November 24 to review the latest administrative and regulatory changes in taxation and customs.
The Ministry of Finance (MoF) held a seminar with the International Monetary Fund (IMF) on November 19 to discuss risk management of re-lending foreign loans and government guarantees.
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