Finance ministry wants to cut 30 per cent of environment protection tax on jet fuel

Tuesday, Jun 09, 2020

The Ministry of Finance has proposed to cut environmental protection tax on jet fuel by 30 per cent, from VND3,000 to VND2,100 per litre.

PM orders accelerate disbursement of public funds

Saturday, Jan 11, 2020

Prime Minister Nguyen Xuan Phuc on Friday asked the Finance Ministry (MoF) to work closely with the Ministry of Planning and Investment to step up public investment disbursement.

Ministry considers removing mobile phone promotion cap

Saturday, Oct 20, 2018

The Ministry of Information and Communications is considering a proposal from telecom providers to remove the ceiling promotion rate of 20 per cent for pre-paid subscribers.

Ten new decrees to guide FTA tariff cuts

Saturday, Jan 06, 2018

The finance ministry has announced 10 draft decrees that will guide implementation of as many free trade agreements (FTAs), drawing a roadmap to zero per cent import tariffs for many goods.

Insurance market maintains growth above 21%

Tuesday, Dec 26, 2017

The insurance market has maintained a high growth rate of 21.2 per cent in 2017, gaining revenue of VND105.61 trillion (US$ 4.65 billion), a senior finance ministry official has said.

Finance ministry proposes to manage enterprise development fund

Friday, Apr 14, 2017

The finance ministry has proposed to take over the management of the Enterprise Arrangement and Development Support Fund from the State Capital Investment Corporation (SCIC) to improve its efficiency.

Two ministries sign regulation to support life insurance enterprises

Monday, Apr 03, 2017

The Ministry of Finance and Ministry of Industry and Trade signed a co-ordination regulation on product approval, contract registration and transaction conditions in the field of life insurance.

Environmental protection tax hike hurts firms

Friday, Feb 10, 2017

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).

VN Government turns focus to long-term bonds

Friday, Jan 20, 2017

Long-term Government bonds will remain the focus of the finance ministry in the future to help the Government extend the loan due dates and reduce pressure on paying its debts.  

Deputy minister urges measures to boost bond market

Thursday, Oct 27, 2016

Deputy Minister of Finance Tran Van Hieu urged measures to boost the bond market at the third general assembly of the Viet Nam Bond Market Association.

Enterprises' business licence fee may be tripled

Friday, Apr 01, 2016

The business licence fee for enterprises is likely to double or triple in the coming period, according to a draft decree by the Ministry of Finance.

Government to continue stabilise prices

Friday, Oct 02, 2015

The finance ministry said it will continue to tighten price management over key products such as electricity, coal, petrol and public services in the last months of the year to ensure market stability.

Tax evaders pay up $32m in Ha Noi after public shaming

Friday, Jul 31, 2015

Of the 268 businesses that owed the Ha Noi Government back taxes, 136 have paid up more than VND700 billion (US$32.1 million) after being publicly named last week, according to the city tax department.

FPT IS inaugurates nationwide IT system for Cambodia

Wednesday, Jul 22, 2015

The FPT Information System (FPT IS) on July 20 launched the financial management information system (FMIS) for the National Treasury of the Royal Government of Cambodia.

Petrol price up by VND275 per litre

Friday, Jun 19, 2015

The retail prices of petroleum and biofuel E5 RON 92 increased by VND275 per litre to VND20,711 (US$0.95) and VND20,381 ($0.94) per litre, respectively, from 3pm on June 19.