Finance ministry wants to cut 30 per cent of environment protection tax on jet fuel

Finance ministry wants to cut 30 per cent of environment protection tax on jet fuel

The Ministry of Finance has proposed to cut environmental protection tax on jet fuel by 30 per cent, from VND3,000 to VND2,100 per litre.
Public capital disbursement improves in first two months

Public capital disbursement improves in first two months

Almost 34.75 trillion VND (1.49 billion USD) of public investment capital was disbursed in the first two months of 2020, equivalent to 7.38 percent of the year’s plan and nearly doubling the value and progress in the same period last year.
MoF wants hike in tax on capital/securities trade income

MoF wants hike in tax on capital/securities trade income

The Ministry of Finance has proposed the Government raise the individual income tax imposed on capital/securities transfer to 2 per cent for trades not registered to the Vietnam Securities Depository and not made on the securities market.
Gas prices surge, fuel prices to follow suit

Gas prices surge, fuel prices to follow suit

Cooking gas retail prices will pick up by more than VND50,000 per 12-kilo container on Wednesday after four months of constant price drops, while fuel wholesalers have proposed a price hike.
Vietnam, RoK enhance financial cooperation

Vietnam, RoK enhance financial cooperation

Finance Minister Vuong Dinh Hue has made commitments to furthering financial cooperation between Vietnam and the Republic of Korea (RoK) during his meetings with senior RoK officials engaged in the field.
Russia plans to triple state debt by 2014

Russia plans to triple state debt by 2014

Russia, which until now has borrowed relatively little, is envisaging a tripling of its public debt in the next three years amid sluggish growth and high spending, the finance ministry said on Monday.