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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.

Only three SOEs have equitisation plans approved in five months

Only three SOEs have equitisation plans approved in five months

Only three state-owned enterprises (SOEs) got the nod from authorized agencies for their equitisation plans in the first five months of this year, lifting the total number of companies to have plans approved by the end of May 2019 to 30, according to the Ministry of Finance.

Petrol prices drop in latest review

Petrol prices drop in latest review

The retail prices of oil and petrol were adjusted down from 3 pm on June 1 following a decision made by the ministries of finance and industry and trade.

Insurance market keeps thriving in first months of 2019

Insurance market keeps thriving in first months of 2019

Vietnam’s insurance industry maintained positive growth in the first four months of 2019, with total premiums surging by 17 percent year-on-year to 44.3 trillion VND (1.9 billion USD), the Ministry of Finance reported.

State capital divestment faces pressure

State capital divestment faces pressure

Capital divestment from State-owned enterprises (SOEs) had slowed and was still facing difficulties, said Dang Quyet Tien, Director of the Corporate Finance Department under the Ministry of Finance.

Equitisation of State-owned enterprises remains slow: official

Equitisation of State-owned enterprises remains slow: official

The equitisation of State-owned enterprises (SOEs) is still slow, failing to reach the rate of progress as directed by the Prime Minister, Deputy Minister of Finance Vu Thi Mai said at the Government’s regular press briefing in Hanoi on May 4.

Petrol prices go up at latest review

Petrol prices go up at latest review

VOV.VN - The retail prices of oil and petrol have gone up following adjustments by the ministries of finance and industry and trade.

Public investment disbursement low in four months

Public investment disbursement low in four months

VOV.VN - Disbursement of public investment capital was estimated at VND68.548 trillion (US$2.94 billion) over the first four months of the year, representing 16.45 per cent of the total figure set by the National Assembly.

Ministry proposes lowering CIT for SMEs

Ministry proposes lowering CIT for SMEs

The Ministry of Finance has proposed cutting corporate income tax (CIT) rates on small and micro businesses from the current 20 percent to 15-17 percent.

Cambodia welcomes Vietnamese investors

Cambodia welcomes Vietnamese investors

Cambodia appreciates the involvement of Vietnamese investors in boosting the country’s economic development, its Deputy Prime Minister Yim Chhayly stated when attending a conference to review rubber tree planting of several Vietnamese companies held in Phnom Penh from February 28 to March 1.

Ministry to mull over measures against profit shifting

Ministry to mull over measures against profit shifting

VOV.VN - The Ministry of Finance will scrutinize amendments to tax law policy in 2019, centred on some measures aimed at preventing base erosion and profit shifting (BEPS) and restructure tax revenue sources.
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