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Việt Nams public audit promoted for sustainable development

Việt Nam’s public audit promoted for sustainable development

Deputy Auditor General Bùi Quốc Dũng said that new technology trends such as artificial intelligence (AI), big data, robotic process automation (RPA) and blockchain, are fundamentally changing the way auditing is done.
Procedures for opening indirect investment accounts are simplified

Procedures for opening indirect investment accounts are simplified

The new circular aims to streamline administrative procedures, remove barriers and enhance the ease with which foreign capital can flow into Việt Nam’s stock market.
Sugary drink tax adds to burden on struggling businesses, industry insiders say

Sugary drink tax adds to burden on struggling businesses, industry insiders say

Many companies in the sector have reduced production by 20-30 per cent, leading to workforce cuts and lower incomes. Some businesses, despite having annual budgets in the billions of đồng, have been forced to close their doors.
PM gives directions on key measures to boost economic growth this year

PM gives directions on key measures to boost economic growth this year

To meet this year''s ambitious goals, the PM stressed boosting growth, stabilising the economy, controlling inflation and ensuring key economic balances.
State budget revenue up nearly 26 per cent in first two months

State budget revenue up nearly 26 per cent in first two months

The Ministry of Finance attributed the strong performance to solid economic growth in 2024, which drove up corporate income tax and value-added tax collections.
Deputy PM asks SOEs restructuring projects to be completed for approval in Q1

Deputy PM asks SOEs restructuring projects to be completed for approval in Q1

Deputy Prime Minister Hồ Đức Phớc has called for accelerated efforts to complete the restructuring projects of State-owned enterprises for approval within the first quarter of this year.
Tax revenue surpasses VNĐ1.7 quadrillion

Tax revenue surpasses VNĐ1.7 quadrillion

Việt Nam’s tax sector has collected a record-high revenue of VNĐ1.7 quadrillion (US$66.7 billion) for the state budget in 2024, the General Department of Taxation reported at a conference on December 19.
Việt Nam needs over 450,000 housing units annually

Việt Nam needs over 450,000 housing units annually

Maybank Securities maintains a positive long-term outlook for Việt Nam''s real estate market, driven by robust population growth and increasing urbanisation.
State budget revenue increases by 16 per cent in 11 months

State budget revenue increases by 16 per cent in 11 months

Government spending in the last 11 months also increased, by 4.7 per cent, compared to the same period last year.
Finding the balance between autonomy and oversight in state-owned enterprise reforms

Finding the balance between autonomy and oversight in state-owned enterprise reforms

The draft Law 69 will replace the current Law 69/2014/QH13, marking a ''revolution'' in how state capital is managed in enterprises.
State bank increases credit growth limit for banks for second time this year

State bank increases credit growth limit for banks for second time this year

The credit growth target was set at approximately 15 per cent at the beginning of the year.
Bank savings among most attractive investment channels

Bank savings among most attractive investment channels

In August alone, the amount of new deposits was nearly VNĐ86.48 trillion, meaning that nearly VNĐ2.9 trillion was deposited at banks every day on average.
PM orders strengthened state management over e-commerce

PM orders strengthened state management over e-commerce

Prime Minister Phạm Minh Chính on Monday ordered relevant ministries and localities to intensify state management over e-commerce.
Monetary policy forecast unlikely to loosen further

Monetary policy forecast unlikely to loosen further

It will be difficult for the State Bank of Vietnam (SBV) to further loosen monetary policy due to a rising USD/VNĐ exchange rate pressure, experts said.
New decree on using telecommunications accounts for payment proposed

New decree on using telecommunications accounts for payment proposed

Currently the use of a telecommunications account to pay for small-value goods and services in the country, called Mobile-Money service, is being implemented in a pilot programme.