Da Nang leads localities nationwide in digital transformation index

Da Nang leads localities nationwide in digital transformation index

The central city of Da Nang topped the Digital Transformation Index (DTI) rankings in 2020 for localities nationwide in all three key pillars of digital government, digital economy and digital society, according to the DTI 2020 Report, which was released at a conference in Hanoi on October 19.
Ministry proposes 30 percent decrease in 2021 corporate income tax

Ministry proposes 30 percent decrease in 2021 corporate income tax

The Ministry of Finance (MoF) is proposing a 30 percent reduction in the corporate income tax which enterprises must pay in 2021 in a draft resolution on budget collection solutions which is to be submitted to the National Assembly’s Standing Committee for approval.
Vietnam maintains positive outlook for economic recovery in 2021: WB

Vietnam maintains positive outlook for economic recovery in 2021: WB

The rapid suppression of the new COVID-19 outbreak in late January 2021 has helped maintain Vietnam’s positive outlook for economic recovery this year, the World Bank (WB) has said.
A strategic assessment for Vietnam’s adoption of IFRS

A strategic assessment for Vietnam’s adoption of IFRS

Companies that have benefited most are those that have looked at this as a chance to make improvements to their systems and processes and have used it as a focus for more efficient, punctual and meaningful internal and external financial information.
Stable structure for state budget

Stable structure for state budget

Despite numerous difficulties caused by the global health crisis, the state budget has seen impressive results, with national financial security ensured.
Tax, customs policies under scrutiny

Tax, customs policies under scrutiny

Representatives of ministries, agencies, localities, business associations and enterprises gathered at a dialogue in Hanoi on November 24 to review the latest administrative and regulatory changes in taxation and customs.
WB loan disbursement up 55 percent

WB loan disbursement up 55 percent

Disbursement of World Bank (WB) loans had increased 55 percent year-on-year as of September 30, the Ministry of Finance revealed on October 28.
SSC prepares circular to oversee trading activities

SSC prepares circular to oversee trading activities

The Ministry of Finance is collecting feedback on a draft circular to help market regulators oversee trading activities on the stock market.
PM assigns Ministry of Finance to expand environmental protection taxpayer base

PM assigns Ministry of Finance to expand environmental protection taxpayer base

The environmental tax on nylon packages has been raised again as the government is looking to expand taxpayer base.
Ministry to halt market trading in emergency cases

Ministry to halt market trading in emergency cases

If serious turbulence is caused by large-scale sell-offs and considered a threat to the security of the equity market, the Ministry of Finance will have to switch the market off.
PM approves plan to implement Vietnam-US customs assistance agreement

PM approves plan to implement Vietnam-US customs assistance agreement

Prime Minister Nguyen Xuan Phuc has approved a plan to implement an agreement between Vietnam and the US on mutual customs assistance.
Ministry to support businesses to ensure budget revenue

Ministry to support businesses to ensure budget revenue

The Ministry of Finance will focus on improving the business climate and creating favourable conditions for businesses to accelerate growth, which is important to ensure State budget revenue amid the COVID-19 pandemic's impacts on socio-economic development.
Deadlines for tax and land use fee payments extended

Deadlines for tax and land use fee payments extended

Prime Minister Nguyen Xuan Phuc on April 8 approved Decree No 41/2020/ND-CP on the extension of deadlines for tax and land use fee payments to support businesses suffering from the COVID-19 pandemic.
16,000 businesses still need support to overcome COVID-19 impact

16,000 businesses still need support to overcome COVID-19 impact

About 16,000 businesses are not included in the Ministry of Finance’s support package on tax and land rent, according to economic experts.
Prices of some securities services to be cut to support market

Prices of some securities services to be cut to support market

The Ministry of Finance has agreed in principle to reduce prices of some securities services to support the Vietnamese stock market, which has been in downfall since the COVID-19 outbreak.
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