In 2023, Vietnamese companies reinsured only VNĐ6 trillion of domestic reinsurance premiums, while they had to transfer VNĐ22 trillion of the premiums to foreign reinsurance companies.
Vietnamese authorities are ramping up tax supervision on individuals who earn income from livestreaming sales on e-commerce and social media platforms to ensure they comply with tax regulations.
The government is to tighten supervision over capital build-up among public companies and to enhance the stock market''s stability and safety, said minister of finance Ho Duc Phoc.
Concentrating on fast growth while turning a blind eye to the purposes of bond issuance plans has caused risks and insecurity in the corporate bond investments of credit institutions.
As the Voice of Viet Nam only managed one SoE with more than 50 per cent of State capital, it was not required to submit a six-month financial supervision report.
Sectors which have seen high growth in the past few years such as wooden furniture, garments and textiles, seafood and steel are being placed under special supervision by the Ministry of Industry and Trade (MoIT) to avoid having high tariffs and trade...
GDP growth rate is likely to reach a decade high of around 7 per cent in 2018 and maintain the pace next year, according to the National Financial Supervision Committee (NFSC).
Some large-cap firms have replaced the board of supervision with independent members in the board of management to improve the quality of corporate governance and reduce expenses.
In a document issued Tuesday addressing credit institutions, the State Bank of Viet Nam (SBV) required these institutions to review their implementation regarding the SBV’s strict regulations on consumer loan management.
The State Bank of Viet Nam (SBV) can take early intervention measures against weak credit institutions in the supervision process from July this year, according to a new SBV regulation.
The special State capital management committee, which was formed by the Government in early February, may take charge of supervising VND5 quadrillion (US$222.2 billion) worth of State capital in 21 State-owned enterprises.