MOF

Ministry of Finance recognises SABECO's outstanding budget contributions

October 22, 2023 | 17:18

Saigon Beer-Alcohol-Beverage Corporation has been honoured for its contribution to the budget during the pandemic peak in Vietnam.

Less than 40 per cent of FIEs were profitable in 2022

October 18, 2023 | 18:53

The percentage of profitable FIEs rose a from 37 per cent in 2021 to 38.8 per cent last year, according to the Ministry of Finance.

Vietnam to introduce new environmental fee for emissions

August 15, 2023 | 13:45

Vietnam's Ministry of Finance has initiated a public consultation process for a draft decree aimed at levying an environmental protection fee for emissions.

Further scrutiny urged to prevent unethical insurance schemes

July 11, 2023 | 09:28

A Ministry of Finance inspection has unveiled a concerning landscape of regulatory non-compliance and disturbingly high contract termination rates in the life insurance industry, indicating the pressing need for enhanced sector oversight and ethical sales practices.

Developments in corporate bond market promote healthy performance

July 08, 2023 | 13:23

The imminent launch of a corporate bond trading platform is generating interest among investors, yet gaining their trust is essential.

Insurers to face penalties for wrongdoing in bancassurance sales

July 03, 2023 | 09:47

The Ministry of Finance (MoF) inspection reveals regulatory violations by Prudential, MB Ageas Life, Sun Life, and BIDV Metlife in their bancassurance sales practices, leading to impending penalties and increased scrutiny in the Vietnamese insurance marke

Gaming sector fears special tax

April 13, 2023 | 14:19

Vietnam is considering levying a special consumption tax on online video games, which has caused concern in the sector.

MoIT and MoF discuss seven petroleum market issues

March 01, 2023 | 09:00

The MoIT has suggested seven provisions to secure the petroleum supply, including an increase in the national petroleum reserve from nine to fifteen days.

MoF proposes to reduce import tax on gasoline and ethanol goods

September 16, 2022 | 11:34

The rate reduction aims to protect domestic gasoline and ethanol producers while still cutting the price of petroleum products.

Finance ministry sets targets for banking system

August 23, 2022 | 23:14

The Ministry of Finance (MoF) has issued targets for restructuring banks in a bid to bolster the strength of Vietnam’s financial sector.

Constituting a healthy corporate bond market

August 12, 2022 | 19:53

Greater efforts are being exerted into instituting a transparent corporate bond market and radically tackling violations in corporate bond trading.

Vietnam collects $217 million in tax from cross-border business and foreign tech giants

March 17, 2022 | 14:56

Minister of Finance Ho Duc Phoc said that the ministry has been proactive in collecting the tax revenue associated with cross-border e-commerce and tech giants.

No policy for draft law on property tax

March 15, 2022 | 11:37

The Ministry of Finance made an announcement on March 14 stating that there is currently no policy in place to prepare a draft law on real estate taxation.