ministry of finance

Update news ministry of finance

Multi-channel capital mobilisation needed to achieve double-digit growth

Vietnam will require substantial investment in infrastructure, technology, digital transformation, green transition and innovation to achieve double-digit GDP growth and sustain it for consecutive years.

30% tax cut welcomed, experts still call for VND50 bil threshold

The proposed 30 percent tax reduction will directly assist household businesses, individual traders, and eligible enterprises, but the current VND10-billion revenue ceiling remains low and should be raised to VND50 billion, according to experts.

Digital ID holders get fee waivers, discounts

Vietnamese citizens with Level-2 electronic identification accounts can now enjoy a range of fee waivers and reductions under a new policy promoting digital citizenship.

Finance ministry moves to cut business costs, spur growth

The Ministry of Finance is deploying a broad package to lower tax obligations, extend payment deadlines, streamline administrative procedures and speed up the digitalisation of tax administration.

VN proposes bringing crypto asset services under anti-money laundering rules

Draft amendments would require crypto asset service providers in Vietnam to comply with anti-money laundering regulations.

Tax relief measures extended to support economy, curb inflation

Vietnam will continue tax cuts, tax payment extensions and fee reductions to support people and businesses amid inflationary pressures while helping maintain macroeconomic stability, Deputy Minister of Finance Nguyen Duc Chi said.

Vietnam targets more property firms in expanded tax inspections

Vietnam's Ministry of Finance is stepping up tax enforcement in the property sector following inspections of 30 major developers.

Finance Ministry outlines strategy for double-digit growth

The Ministry of Finance says Vietnam will prioritize investment, business support and macroeconomic stability as it pursues ambitious growth targets in the second half of 2026.

Vietnam collects over $58.8 billion in state revenue in first half

Vietnam's State Treasury has collected nearly two-thirds of its planned annual budget revenue while continuing to accelerate public investment disbursement.

Vietnam plans higher student loans for disadvantaged youth

Vietnam plans to expand student loan support, raising borrowing limits and widening eligibility to help ensure financial hardship does not prevent young people from pursuing higher education.

Vietnam allocates US$4.9bn for provincial and commune mergers

Vietnam's Ministry of Finance has allocated about VND128 trillion (US$4.9 billion) to help local governments implement provincial and commune mergers under the country's administrative reform program.

Deputy PM Nguyen Van Thang appointed head of Vietnam's price steering committee

Prime Minister Le Minh Hung has signed a decision restructuring the membership of Vietnam's Price Management Steering Committee, appointing Deputy Prime Minister Nguyen Van Thang as its head.

Vietnam cuts procedures to unlock thousands of surplus public properties

Vietnam has introduced special policies to accelerate the reuse of more than 11,000 surplus state-owned land and property assets, aiming to prevent waste and unlock new economic value.

Vietnam seeks longer fuel tax relief to keep prices stable

Vietnam may continue fuel tax incentives through September under a new proposal aimed at avoiding sudden price shocks and supporting businesses.

Finance Ministry plans further restructuring of tax and customs bodies

A new restructuring plan will assess nationwide financial agencies and reduce overlapping functions across government bodies.

Vietnam collects over $54 billion in budget revenue by mid-June

Vietnam’s state budget revenue surpassed VND1.42 quadrillion by mid-June, while public investment disbursement remained below one-quarter of the annual target.

Government moves to address complaints over tax-related travel bans

Deputy Prime Minister Nguyen Van Thang has instructed authorities to address practical difficulties related to regulations on temporary travel bans imposed on taxpayers with outstanding tax debts.

Vietnam proposes $4.8 billion tax and land rent payment extension for 2026

A new draft decree would allow businesses, households and individual entrepreneurs to defer tax and land rent payments, easing financial pressures and improving cash flow.

Finance Ministry reports to PM on travel ban linked to VND15,000 tax debt

Vietnam’s Finance Ministry has reported to the Prime Minister on a case involving a travel suspension linked to a VND15,000 (US$0.58) tax debt, while pledging faster processing through system upgrades.

Vietnam drops proposal on banks sharing taxpayer account data

A controversial proposal on sharing taxpayer banking data with tax authorities has been removed from Vietnam’s latest draft tax management decree.