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State budget revenue to meet five-year target: MoF

State budget revenue to meet five-year target: MoF

Collection of the State budget between 2016 and 2020 is expected to meet the target of 6.8 quadrillion VND (nearly 293 billion USD), the Ministry of Finance (MoF) reported on October 21.

Moody's review of Vietnam's Ba3 rating improper: ministry

Moody's review of Vietnam's Ba3 rating improper: ministry

The Vietnamese Ministry of Finance (MoF) has said that Moody's Investors Service’s decision to place Vietnam’s Ba3 rating under review for downgrade due to delayed payments on an obligation of the Vietnamese Government was improper as the Government has never delayed meeting debt repayment obligations.

PM to chair conference on SOEs

PM to chair conference on SOEs

Prime Minister Nguyen Xuan Phuc will chair a conference on renovating and improving the operational efficiency of State-owned enterprises (SOEs), slated for late September or early October.

Government allocates rice for Dak Nong province

Government allocates rice for Dak Nong province

Prime Minister Nguyen Xuan Phuc has assigned the Ministry of Finance to allocate 230,475 tonnes of rice from the national reserves for the Central Highlands province of Dak Nong in order to support locals during the between-crop period.

Petrol prices rise over 700 VND per litre

Petrol prices rise over 700 VND per litre

From 17:00 of July 17, the retail price of RON95-III increased 718 VND to a maximum level of 21,235 VND per litre, while the ceiling price of bio-fuel E5 RON 92 was up 626 VND to 20,279 VND per litre.

State budget revenue rises 13.2 percent in six months

State budget revenue rises 13.2 percent in six months

About 745.4 trillion VND (32 billion USD) was collected for the State budget in the first half of 2019, equivalent to 52.8 percent of the year’s target and up 13.2 percent year on year, according to the Ministry of Finance (MoF).

Petrol prices rise over 400 VND per litre

Petrol prices rise over 400 VND per litre

The prices of oil and petrol have climbed over 400 VND (0.017 USD) per litre following the latest adjustment by the Ministry of Industry and Trade and the Ministry of Finance on July 2.

Vietnam's insurance industry keeps thriving in first half of 2019

Vietnam's insurance industry keeps thriving in first half of 2019

Vietnam’s insurance industry maintained positive growth in the first half of this year, with total revenue surging by 24.35 percent year-on-year to nearly 71.15 trillion VND (3 billion USD), the Ministry of Finance’s Insurance Supervisory Authority (ISA) has reported.

Forest industry posts trade surplus of more than $4b in H1

Forest industry posts trade surplus of more than $4b in H1

The forest industry gained a trade surplus of more than US$4 billion in the first six months of this year, according to the Vietnam Administration of Forestry under the Ministry of Agriculture and Rural Development.