Vietnam chemical giant calls for gov’t help with $125mn Chinese loan

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Báo Tuổi Trẻ English 2 month(s) ago

When its fertilizer plant funded by Chinese bank loans was bogged down by losses, state-run Vietnamese chemical giant Vinachem immediately turned to the government for help, instead of seeking solutions to revitalize the loss-making project.

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Portugal makes early 1-billion euro repayment to IMF

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Báo Đầu Tư English 2 month(s) ago

LISBON: Portugal has made an early repayment of €1 billion to the International Monetary Fund and intends to repay a further €2.6 billion of bailout loans by August, the government said Friday.

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LG’s plan to increase investment in Vietnamese project on hold

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Báo Tuổi Trẻ English 3 month(s) ago

South Korean firm LG Display’s proposal to increase registered capital at their project in Hai Phong by US$90 million has been put on hold as their financial plan is ‘not convincing enough’, according to the finance ministry.

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MoF to publish names of errant privatised SOEs

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Báo Đầu Tư English 3 month(s) ago

The Ministry of Finance said the names of State-owned enterprises (SOEs) which had been privatised but failed to list on exchanges as per regulations would be published on the Government’s e-portal.

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Finance ministry updates registration fees for autos, motorbikes

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Báo Đầu Tư English 4 month(s) ago

The Ministry of Finance has recently updated the list of registration fees for automobiles and mortobikes, which has increased the price of many luxury models.

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Circular guides payment for government bond transactions

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Báo điện tử CP English 4 month(s) ago 2 related news

VGP – The Finance Ministry has issued Circular No. 46/2017/TT-BTC guiding the payment for transactions of government bonds, government-guaranteed bonds and local government bonds.

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Hải Phòng told to revise port fees

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Báo Đầu Tư English 4 month(s) ago

Deputy Prime Minister Vương Đình Huệ has asked Hải Phòng City to revise fees for using infrastructure, service facilities and public utilities at ports in the city.

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Subsidy for poor guest workers

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Báo điện tử CP English 4 month(s) ago 8 related news

VGP – Laborers from poor and near- poor households, ethnic minority groups, poor districts and communes with extreme difficultities will be supported under short-term overseas labor contracts, according a circular of the Finance Ministry.

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Top executive of BMW dealer in Vietnam arrested on smuggling charges

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Báo Tuổi Trẻ English 5 month(s) ago

Three people, including the top executive of the authorized Vietnamese dealership of BMW, have been arrested in an investigation involving a batch of the German luxury cars smuggled into Vietnam.

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Publish list of unlisted, equitised SOEs: Deputy PM

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Báo Đầu Tư English 5 month(s) ago

Deputy Prime Minister Vương Đình Huệ has ordered all relevant agencies to publicise the list of equitised State-owned enterprises (SOEs) not listed on the stock market as of December 31, 2016.

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Lottery firms in southern Vietnam found with massive non-core investment

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Báo Tuổi Trẻ English 5 month(s) ago

All 11 lottery ticket companies in southern Vietnam have collectively channeled nearly VND1,000 billion (US$44.64 million) into sectors outside their main business, the Ministry of Finance’s inspectorate announced.

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Vietnam proposes drastically increasing ‘environment tax’ on petrol

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Báo Tuổi Trẻ English 6 month(s) ago

The Vietnamese government is drafting an amendment to the law on environmental protection tax, which includes a proposal to more than double the current tax on gasoline.

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Life insurance firms bought most long-term Government bonds

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Báo Đầu Tư English 7 month(s) ago

Life insurance companies were the major investors in Government bonds in 2016.

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Environmental protection tax hike hurts firms

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Báo Đầu Tư English 8 month(s) ago 1 related news

The Finance Ministry (MoF)’s proposal to almost triple the environmental protection tax on oil and gas consumption would reduce businesses’ competitiveness against foreign firms, according to the Viet Nam Chamber of Commerce and Industry (VCCI).

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Finance Ministry defends computerised lottery

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Báo Dân Trí English 8 month(s) ago

The Ministry of Finance has unsurprisingly batted away criticism of its ministry-owned computerised lottery in Vietnam, underlining it operates in a totally transparent way and in line with the law.

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