Government considering tax on multiple properties

Government considering tax on multiple properties

The Ministry of Finance is reviewing a proposal to impose taxes on owners of multiple properties as part of an effort to curb real-estate speculation.
Masan calls for IPO reforms to boost Vietnam’s capital market

Masan calls for IPO reforms to boost Vietnam’s capital market

Deputy CEO of Masan Group has recommended the government streamline procedures for IPOs to boost Vietnam's capital markets.
Practical solutions appropriate regarding sugary drinks

Practical solutions appropriate regarding sugary drinks

International organisations like the World Health Organization, World Bank, UNICEF, and Johns Hopkins University have put across their opinions on proposals in Vietnam on taxing sugary beverages, the Ministry of Finance has said.
Vietnam life insurance payouts surge 35 per cent to $1.24 billion in H1

Vietnam life insurance payouts surge 35 per cent to $1.24 billion in H1

Life insurers in Vietnam disbursed $1.238 billion in claims in the first half of 2024, marking a 35 per cent increase on-year.
More car tax cuts to stimulate demand

More car tax cuts to stimulate demand

A proposal on a vehicle registration fee cut, if approved from August 1, could be a god-send for the automobile industry.
Ministry of Finance recognises SABECO's outstanding budget contributions

Ministry of Finance recognises SABECO's outstanding budget contributions

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

Less than 40 per cent of FIEs were profitable in 2022

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

Vietnam to introduce new environmental fee for emissions

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

Further scrutiny urged to prevent unethical insurance schemes

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

Developments in corporate bond market promote healthy performance

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

Insurers to face penalties for wrongdoing in bancassurance sales

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

Gaming sector fears special tax

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

MoIT and MoF discuss seven petroleum market issues

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

MoF proposes to reduce import tax on gasoline and ethanol goods

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

Finance ministry sets targets for banking system

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