vietnam targets reduced tax time

Vietnam targets reduced tax time

According to Resolution 19/N-CP on core measures to improve the business climate and national competitiveness, the amount of time businesses spend on tax procedures will be decreased five-fold from 876 hours to 171 hours.
expert analyses banking sector restructuring

Expert analyses banking sector restructuring

An impending merger between Southern Bank and Sacombank is the latest move in Vietnam’s banking restructuring process.
vamc clarifies debt auctions

VAMC clarifies debt auctions

Deputy head of the Ministry of Justice’s Legal Aid Department Nguyen Van Bon sheds some light on a state mechanism to boost the efficiency of the Vietnam Asset Management Company’s bad debt auctions.
state audit reviews 2013 results outlines 2014 plans

State Audit reviews 2013 results, outlines 2014 plans

The State Audit of Vietnam (SAV) just released its audit plan for 2014. Deputy State Auditor General Le Minh Khai highlights the SAV’s operational focus for this year.
deputy pm envisions more buoyant financial market in 2014

Deputy PM envisions more buoyant financial market in 2014

After marked improvements in 2013, Deputy Prime Minister Vu Van Ninh explains why he believes the financial and securities markets will continue build momentum through the new year.
boosting state capital divestment

Boosting state capital divestment

Deputy Head of the Ministry of Finance’s Corporate Finance Department Dang Quyet Tien sat down with VIR to discuss state-owned enterprises latest restructuring efforts and emphasise the urgency of accelerating state capital divestment to reach restructuring goals.
state audit focuses attention on soes

State Audit focuses attention on SOEs

The State Audit of Vietnam (SAV) is penning the 2014 audit plan which is planned to be unveiled within the next few weeks. Deputy Auditor General Doan Xuan Tien sat down with VIR to outline the organization’s operational focus next year.
getting ppp investment into law

Getting PPP investment into law

Public-private partnership (PPP) investments are becoming increasingly popular in Vietnam. Deputy Chairman of the National Assembly’s Finance and Budget Committee Tran Van highlights how the Law on Public Investment should be changed to foster such projects.
na member reviews procurement law

NA member reviews procurement law

Last week the revised Law on Public Procurement was adopted by the National Assembly. Nguyen Huu Quang, member of the NA’s Financial and Budgetary Committee said it is now on par with the country’s bidding management requirements.
finance minister discusses 2014 budget

Finance minister discusses 2014 budget

Budget estimates for 2014 have just been approved by the National Assembly and Deputy Minister of Finance Do Hoang Anh Tuan shed some light on the advantages and difficulties the financial sector may face next year and measures to make the target realisable.
committee chairman explains state wage stasis

Committee chairman explains state wage stasis

Chairman of the National Assembly’s Finance and Budget Committee Phung Quoc Hien sheds some light on why it would be difficult for the government to hike wages of state administrators given current conditions.
tax expert defends refund reliability

Tax expert defends refund reliability

Deputy head of the General Department of Taxation’s Tax Policy Department Vu Van Cuong shines light on Vietnam’s tax refund context.
top official discusses budget shortfall

Top official discusses budget shortfall

The Ministry of Finance is penning state budget collection estimates for 2014 which will be submitted to the National Assembly for approval in the upcoming session. Deputy Minister of Finance Nguyen Thi Minh shines further light on the issue.
finance expert explains deficit solutions

Finance expert explains deficit solutions

The National Assembly’s Finance and Budget Committee senior expert Dr. Bui Duc Thu discussed with VIR his views on the country’s budget deficit and explained the government’s financial security efforts to control the deficit.
ciencos deeply in the mire

Ciencos deeply in the mire

State Audit Office of Vietnam (SAV)’s latest report reflected gloomy business picture of the transport sector’s major state-run construction contractors.