VN delays $3b int’l bond plan

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

VN delays $3b int’l bond plan

Việt Nam has postponed a US$3-billion international bond issuance plan due to unfavourable conditions in the global finance and monetary market, the finance ministry said.

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Circular outlines tax incentives

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Báo Đầu Tư English 6 day(s) ago

Circular outlines tax incentives

The finance ministry issued Circular No. 83/2016/TT-BTC (“Circular 83”) on June 17, 2016. It guides the implementation of investment tax incentives prescribed in the Investment Law and government decree No. 118/2015/ND-CP, which details and regulates several articles of the Investment Law.

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Vietnam's insurance sales see six-year high growth: data

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Báo Thanh Niên English 6 day(s) ago

Insurance companies in Vietnam reported premium revenues of more than VND38.61 trillion (US$1.7 billion) in the first six months, an increase of 25.9 percent from a year ago, local media have reported, citing the finance ministry.

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Vietnam’s 2016-20 public debt rises to $110bn

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Báo Tuổi Trẻ English 1 week(s) ago

Vietnam’s 2016-20 public debt rises to $110bn

Vietnam’s public debt rose to VND2,480 trillion (US$110 billion) as of the end of last year, according to data from the Ministry of Finance.

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Vietnam posts $17mn trade deficit in June: customs

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Báo Thanh Niên English 1 week(s) ago

Vietnam posts $17mn trade deficit in June: customs

Vietnam reported a trade deficit of $17 million in June, its customs department said on Thursday, well below the $100 million deficit estimated by the government.

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Vietnam Airlines faces hurdles in launching rebranded offshoot

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Báo Thanh Niên English 2 week(s) ago

Vietnam Airlines faces hurdles in launching rebranded offshoot

SkyViet, which was restructured from Vietnam Airlines' short-haul carrier Vasco, may have to wait for a while before it can start flying due to new questions about the legitimacy of the restructuring process.

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Russia to empty one of its sovereign funds next year - ministry proposal

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Báo Thanh Niên English 3 week(s) ago

Russia to empty one of its sovereign funds next year - ministry proposal

Russia will exhaust one of its two sovereign funds next year, according to a finance ministry proposal seen by Reuters, having by that point run through $87 billion since the beginning of 2014 to fill holes in the budget left by a slump in oil prices.

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Medvedev: Russia can't ramp up spending and give it away cheaply: TV interview

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Báo Thanh Niên English 3 week(s) ago

Medvedev: Russia can't ramp up spending and give it away cheaply: TV interview

Prime Minister Dmitry Medvedev said on Saturday that Russia cannot ramp up spending and give it away in cheap credits to support economic growth.

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DPM requires enhancing effectiveness of ODA use

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Báo điện tử CP English 1 month(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 month(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 1 month(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 1 month(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 1 month(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 2 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 4 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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