DPM requires enhancing effectiveness of ODA use

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Báo điện tử CP English 5 day(s) ago

DPM requires enhancing effectiveness of ODA use

VGP - Deputy PM Pham Binh Minh, head of the National Steering Committee for Official Development Assistance (ODA) and Preferential Loans has asked relevant ministries and agencies to improve the effective use of ODA and preferential loans to ensure the safety of sustainable public debts.

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Listed firms must adopt IFRS in 2020

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Báo Đầu Tư English 1 week(s) ago

Listed firms must adopt IFRS in 2020

Firms listed on Viet Nam's two stock exchanges in HCM City and Ha Noi will be the first to be required to adopt international financial reporting standards in 2020, a finance ministry official has said.

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PM asks for drastic measures to ensure budget balance

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Báo điện tử CP English 3 week(s) ago

PM asks for drastic measures to ensure budget balance

VGP - PM Nguyen Xuan Phuc has recently released a directive calling on ministries to take drastic action to ensure a balanced budget in response to falling revenues and rising expenditurefrom natural disasters and climate change consequences.

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Dung Quat refinery to calculate own oil price

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Báo Đầu Tư English 3 week(s) ago

Dung Quat refinery to calculate own oil price

The Finance Ministry has submitted a proposal to the Government to allow Dung Quat Oil Refinery to contribute only 10 per cent in import taxes to the State budget and to calculate its own selling prices.

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Vietnam's finance ministry wants $219 mln in cash dividends from top lenders

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Báo Thanh Niên English 3 week(s) ago

Vietnam's finance ministry wants $219 mln in cash dividends from top lenders

In a new attempt to boost state revenue, the Ministry of Finance has sought the central bank's intervention to collect cash dividends from BIDV and Vietinbank, two of the largest lenders in which the government is a major stakeholder.

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Vietnam may remove cap on baby formula prices: report

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Báo Thanh Niên English 1 month(s) ago

Vietnam may remove cap on baby formula prices: report

Vietnam will possibly remove a price cap imposed on baby formula products two years ago in response to requests from foreign investors.

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Preferential ODA loans to be cut off from July 2017

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Báo Dân Trí English 3 month(s) ago

Preferential ODA loans to be cut off from July 2017

From July 2017, Vietnam would no longer receive preferential loans in the form of official development assistance (ODA), a finance department official said at a conference on March 22.

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Finance ministry backs PetroVietnam demand for tax break for Dung Quat refinery

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Báo Thanh Niên English 3 month(s) ago 1 related news

Finance ministry backs PetroVietnam demand for tax break for Dung Quat refinery

An undated photo of Dung Quat oil refinery in the central province of Quang Ngai. Photo: Hien Cu

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Vietnam businesses plan legal action for delayed tax refunds

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Báo Thanh Niên English 3 month(s) ago

Vietnam businesses plan legal action for delayed tax refunds

At least one company in Vietnam has said it is finishing procedures to take legal action against a local tax office, while many others have said they too will take the tax authorities to court if they fail to pay them as promised recently by the finance ministry.

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Finance ministry clarifies tax rate

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Báo Đầu Tư English 4 month(s) ago 1 duplicate news

Finance ministry clarifies tax rate

The Ministry of Finance said a bad translation claiming that the tax-rate-to-profit ratio in Viet Nam was high, accounting for nearly 40 per cent of profit and undermining competitiveness, caused misunderstandings.

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Vietnam likely to forgive $571 mil taxes, fines for businesses

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Báo Thanh Niên English 4 month(s) ago

Vietnam likely to forgive $571 mil taxes, fines for businesses

The finance ministry has sought the government's approval to waive $571 million in back taxes for troubled businesses

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Deputy PM calls on agencies to prepare for Zika threat

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SaiGon GP English 4 month(s) ago

Deputy PM calls on agencies to prepare for Zika threat

Deputy Prime Minister Vu Duc Dam has authorised ministries, sectors, and localities to take measures to deal with possible cases of the Zika virus to Viet Nam.

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Revenue from crude oil falls sharply in Jan

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Báo Dân Trí English 5 month(s) ago 1 related news

Revenue from crude oil falls sharply in Jan

The total state budget revenue in January was 95 per cent of the revenue year-on-year due to about 66 per cent fall in crude oil revenue, the finance ministry said.

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Revenue from crude oil falls sharply in Jan

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VietnamNet English 5 month(s) ago 1 related news

Revenue from crude oil falls sharply in Jan

The total state budget revenue in January was 95 per cent of the revenue year-on-year due to about 66 per cent fall in crude oil revenue, the finance ministry said.

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Finance Ministry orders Uber to pay tax, or else

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Báo Dân Trí English 5 month(s) ago

Finance Ministry orders Uber to pay tax, or else

Uber, the company that uses a handphone application to run freelance taxi services around the world, has been ordered by Vietnam's Ministry of Finance tax department to pay its legally required levy, or face prosecution if it continues to refuse.

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