Tag: "ministry of finance"

Petrol price up VND271 per litre

Petrol price up VND271 per litre

The Ministries of Industry and Trade, and Finance decided to increase the retail price of RON 92 petrol by VND271 to a maximum of VND18,146 (US$79.8 cents) per litre from 3pm of November 4.

Firms wary of switch to e-invoices

Firms wary of switch to e-invoices

The Ministry of Finance is drafting regulations on e-bills and will ask the Government to set a deadline of July 2018 for businesses to switch over from paper. But local businesses say they don’t have the information technology resources to meet the proposed deadline.

Flood-hit Ha Tinh, Son La provinces receive rice support

Flood-hit Ha Tinh, Son La provinces receive rice support

The Prime Minister has assigned the Ministry of Finance to provide nearly 3,597 tonnes of rice from the national reserve to the central province of Ha Tinh and the northern mountainous province of Son La to support people hit by the recent devastating flood.

Petrol price falls slightly

Petrol price falls slightly

The prices of RON 92 petrol and bio-fuel E5 fell by VND124 and VND97 per litre, respectively, as from 4:55 pm on October 20.

Budget revenue hits 70% of target

Budget revenue hits 70% of target

State budget revenue in the first nine months of the year totaled VND843 trillion (US$37 billion), up 13.9% year-on-year and equivalent to 69.5% of the annual target.

Further fee cuts needed to support firms

Further fee cuts needed to support firms

The Vietnam Chamber of Commerce and Industry (VCCI) said that the Ministry of Finance’s proposed fee cuts was a positive move, but stronger cuts or even abolishments were needed to support businesses.

Finance Ministry turns down cassava industry requests

Finance Ministry turns down cassava industry requests

The Ministry of Finance (MoF) has turned down proposals by the Vietnam Cassava Association (VCA) for preferential policies similar to those for rice and sugar to ensure its sustainable development.

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.