Tag: Ministry of Finance
Moody’s raises outlook for Vietnam to positive
VOV.VN - Moody’s Investors Service raised its outlook for Vietnam to positive from negative and affirmed the country’s long-term credit rating at Ba3, citing fiscal consolidation and an improving economy.
Tax evasion questions raised as 55% of FDI enterprises report losses
VOV.VN - Numerous FDI enterprises have consistently reported losses over the course of several years, despite continuing to invest in and expand production and business activities, along with an annual increase in revenue, thereby causing losses and damage to the state budget.
Petrol prices rise by over VND380 in final review of the year
VOV.VN - The retail price of petrol rose slightly from 3 p.m. on December 26 after the Ministry of Industry and Trade and the Ministry of Finance conducted the last review of the year.
Fiscal deficit to stay at 4% of GDP next year: MoF
The Ministry of Finance has announced the State budget estimates for 2021, which target over VND1.34 quadrillion (US$58.2 billion) in State budget revenue.
Vietnam presents 1,000 tonnes of rice to flood-hit people in Laos
VOV.VN - The Ministry of Finance stated on December 2 that Prime Minister Nguyen Xuan Phuc has decided to entrust the Ministry with the task of allocating 1,000 tonnes of rice from the national reserve for Savanakhet province in Laos, an area which has been hard hit by recent natural disasters.
Petrol, oil prices record sharp drop from Nov. 11
VOV.VN - The Ministry of Industry and Trade and the Ministry of Finance have announced plans to revise petrol and oil prices, with new rates starting to drop considerably as of 3 p.m. on November 11.
