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Gov’t to issue lists of preferential tariffs under EVFTA

Gov’t to issue lists of preferential tariffs under EVFTA

The Government is set to issue a decree on the lists of preferential export tariffs and special preferential import tariffs to implement the EU-Vietnam Free Trade Agreement (EVFTA) when the deal comes into force in Vietnam.

Petrol prices drop slightly in latest review

Petrol prices drop slightly in latest review

The retail prices of petrol were reduced as from 3pm on January 30 following the latest adjustment by the Ministry of Industry and Trade and the Ministry of Finance.

Ministry eyes tightening corporate bond issuance

Ministry eyes tightening corporate bond issuance

The Ministry of Finance will tighten regulations over corporate bond issuance because of an overheating market to protect investors and prevent risks which might arise from the abuse of this capital raising channel.

Ministry gearing up for 2.6 Ghz auction

Ministry gearing up for 2.6 Ghz auction

Minister of Information and Communications Nguyen Manh Hung has urged the Authority of Radio Frequency Management to auction off space on the 2.6 Ghz spectrum.

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).

MoF proposes fines for invoice violations

MoF proposes fines for invoice violations

The Ministry of Finance (MoF) has proposed fines of between 20 million VND (862 USD) and 50 million (2,155 USD) for the act of printing fraudulent invoices.

Public non-business units slow to change

Public non-business units slow to change

To improve the quality of public products and services, the Government in June 2015 issued a decision to transform public non-business organisations into joint-stock businesses.

Projects to strengthen local economy in the 2020 fiscal year

Projects to strengthen local economy in the 2020 fiscal year

As the Thai economy is likely to continue to experience a slowdown in the remaining weeks of 2019, the Ministry of Finance has issued measures to stimulate the economy in late 2019. It has also proposed some projects to strengthen the local economy in the 2020 fiscal year.

Equitisation of SOEs still sees slow progress

Equitisation of SOEs still sees slow progress

Only nine state-owned enterprises (SOEs) were given the green light from the government for their equitisation plans this year, reported the Ministry of Finance (MoF).