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Update news ministry of finance
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 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 may continue fuel tax incentives through September under a new proposal aimed at avoiding sudden price shocks and supporting businesses.
A new restructuring plan will assess nationwide financial agencies and reduce overlapping functions across government bodies.
Vietnam’s state budget revenue surpassed VND1.42 quadrillion by mid-June, while public investment disbursement remained below one-quarter of the annual target.
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.
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.
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.
A controversial proposal on sharing taxpayer banking data with tax authorities has been removed from Vietnam’s latest draft tax management decree.
The Ministry of Finance is seeking public feedback on a proposal to abolish 23 circulars and three decisions in the tax sector as part of efforts to align and harmonise regulations with the current legal framework.
Under a new circular, the exchange of greenhouse gas emission quotas and carbon credits is conducted on the domestic carbon credit exchange through the carbon trading system, which is interconnected with the national registration system.
Vietnam’s Ministry of Finance is reviewing challenges and shortcomings in the implementation of property-related tax policies and will report to competent authorities at an appropriate time.
Deputy Minister of Finance Le Tan Can has outlined three key and breakthrough solutions to maintain macroeconomic stability, control inflation, and balance growth speed with quality amid global economic headwinds and pressure.
The finance ministry is seeking to make tax thresholds more flexible for household businesses and introduce a tax-free revenue level for small firms, in a move aimed at adapting to economic pressures and supporting growth.
A draft decree guiding the implementation of the Personal Income Tax (PIT) Law is being widely viewed by legal experts as a strategic policy move, going beyond mere technical tax adjustments to support long-term economic transformation.
The Ministry of Finance has proposed cutting preferential import tariffs on several fuel products to 0 percent in an effort to diversify supply and stabilize the domestic petroleum market.
Minister of Finance Nguyen Van Thang has held a meeting with Michael West, President of Moody’s Ratings, to discuss measures for improving Vietnam’s national credit rating, the Ministry of Finance (MoF) reported.
The Ministry of Finance has begun seeking public feedback on a draft circular regulating tax policies for transactions, transfers and business activities related to crypto assets.
Vietnam is weighing changes that would allow summary invoices at day-end or month-end for high-volume transactions, easing pressure on the national e-invoice system.
On January 22, Fitch Ratings announced an upgrade to Vietnam’s credit rating on senior secured long-term debt instruments, raising them from BB+ to BBB-.