Tag: "ministry of finance"

Proposal on environmental tax hike rejected

Proposal on environmental tax hike rejected

The National Assembly Standing Committee has not approved the Ministry of Finance’s proposal to almost triple the environmental protection tax on oil and gas consumption, citing potential harm to consumers.

Environmental tax hike rejected

Environmental tax hike rejected

The National Assembly Standing Committee has not approved the Ministry of Finance’s proposal to almost triple the environmental protection tax on oil and gas consumption, citing potential harm to consumers.

MoF responsible for public debt management: NASC

MoF responsible for public debt management: NASC

VOV.VN - Members of the National Assembly Standing Committee (NASC) have proposed that the Ministry of Finance (MoF) be the main agency responsible for assisting the Government in the management of public debt, instead of three bodies as currently stipulated in law.

State budget collection up 13%

State budget collection up 13%

Total State budget collection in the first eight months of this year was estimated at VND762.8 trillion (US$33.4 billion), an increase of 12.8% over the same period last year.

G-bond capital disbursed slowly

G-bond capital disbursed slowly

Capital mobilised from the issue of G-bonds in the first eight months of this year was very positive, however, it was quite a contrast to the disbursement of the capital source.

New regulations on import and export

New regulations on import and export

The Ministry of Finance has held a meeting to introduce changes in the list of Vietnam’s export and import goods as per Circular No 65/2017 / TT-BTC.

Hai Phong told to revise fee collection

Hai Phong told to revise fee collection

Deputy Prime Minister Vuong Dinh Hue has asked the Ministry of Finance and Hai Phong city to strictly follow the PM’s instruction on reviewing fees for using infrastructure, service facilities and public utilities at ports in the city.

IFRS 9 is not on radar for local banks

IFRS 9 is not on radar for local banks

The introduction of International Financial Reporting Standards (IFRS) 9, effective from January 1, 2018, marks one of the most significant accounting changes that banks are facing today, said Tran Dinh Vinh Partner, Financial Services, KPMG Vietnam.

Vietnam insurance market up in first half of 2017

Vietnam insurance market up in first half of 2017

VOV.VN - The total assets of insurers expanded by 19% year-on-year to US$11.7 billion, of which life insurers accounted for 73.4%, the Ministry of Finance said on Wednesday (July 19).

Petrol prices drop by over VND400 per litre

Petrol prices drop by over VND400 per litre

The price of RON 92 decreased by VND435 per litre from 5:00pm on July 5, according to the latest adjustment of the Ministry of Industry and Trade and the Ministry of Finance the same day.

Finance ministry makes Suntory Pepsi tax ruling

Finance ministry makes Suntory Pepsi tax ruling

The branch of Suntory Pepsico Vietnam Beverage Company in Can Tho City is subject to taxes as an expansion but not as a new investment, the Ministry of Finance has announced.

Ministry proposes green protection fuel tax hike

Ministry proposes green protection fuel tax hike

The Ministry of Finance wants to increase environmental protection tax on petrol and oil to ensure sufficient budget collection, as the country has to cut import taxes to fulfil international commitments.

Petrol prices continue to decrease

Petrol prices continue to decrease

Prices of oil and petrol products continued to decrease from 3:00pm on May 20, according to the latest adjustment of the Ministry of Industry and Trade and the Ministry of Finance the same day.

Petrol prices slightly drop

Petrol prices slightly drop

The Ministry of Industry and Trade and Ministry of Finance decreased prices of all oil and petrol products from 3:00pm on May 5.