Vietnam targets fiscal deficit at below 4% of GDP in 2020
Vietnam continues to restructure the state budget and public debt management to ensure national financial security and sustainability .
20:32, 2020/02/29
Vietnam Fin Min plans relief for taxpayers
A higher disposable income as a result from the adjustment would boost household spending and economic growth, said the Ministry of Finance.
14:22, 2020/01/20
Debt maturity in 2020 – 2021 to put pressure on Vietnam’s state budget
Vietnam is capable of repaying debts, as the annual debt repayment accounts for 15 – 16% of total state budget, below the ceiling limit and international practice of 25%.
11:59, 2019/12/19
Sumitomo Life spends US$173 million for 5% stake of Vietnamese insurer Bao Viet
Under the deal, Sumitomo Life raised its shareholding at Bao Viet from current 17.48% to 22.09%.
06:11, 2019/12/19
Vietnam Fin Min objects to Moody’s changing to negative outlook
The finance ministry reiterated that the government is always serious about meeting commitments to timely debt payments with development partners and international financial institutions.
18:16, 2019/12/16
Sumitomo Life targets larger share in Vietnam’s major insurer Bao Viet
In case of completing the deal, the Japanese company would raise its stake in Bao Viet to 22.09% and remains the Vietnamese insurer’s second largest shareholder.
18:38, 2019/12/13
Vietnam forgoes US$536.83 million tax under FTA commitments
The contribution of import duty to customs revenue has been declining over the past few years, from 21.85% in 2017 to 17.4% in 2018 and 16.7% in 2019.
14:25, 2019/11/27
Proposal to merge Hanoi and Ho Chi Minh City stock exchanges on hold
For the time being, the government would redefine functions and responsibilities of each stock exchange, ensure no overlapping in operations.
14:16, 2019/11/04
Vietnam finance ministry publicizes 2020 state budget estimates
The Ministry of Finance considers such publication an important practice promoting transparency and publicity of Vietnam’s state budget.