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Insurance industry forecast to keep thriving in 2020

Insurance industry forecast to keep thriving in 2020

The insurance industry aims to maintain a high growth rate of 18.42 percent this year, gaining revenue of 188.73 trillion VND (8.1 billion USD), according to the Ministry of Finance’s Insurance Supervisory Authority (ISA).

SOEs divestment lags behind schedule

SOEs divestment lags behind schedule

The equitisation plans of eight State-owned enterprises (SOE) were approved in the first half of 2018, with a total value of VND29.37 trillion (US$1.29 billion), including more than VND15.16 trillion (US$667.04 million) of State capital, the Ministry of Finance has reported.

Budget collection to be on schedule

Budget collection to be on schedule

State budget collection will be completed in accordance with the yearly estimate set by the National Assembly, Deputy Finance Minister Huynh Quang Hai said at the Government’s regular metering on November 29.

Vietnam mulls taxing multiple-house owners

Vietnam mulls taxing multiple-house owners

Vietnam’s Ministry of Finance is weighing up a policy that requires those who own more than one house to pay extra tax, a plan to which local experts have mostly responded positively.