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Ministry of Finance undertakes inspection on five large FDI real estate firms

The Ministry of Finance has sent an official dispatch to the Ministry of Planning and Investment on the plan to inspect implementation of financial mechanisms on five large FDI real estate firms in 2018.

Heated controversy over proposal of taxing housing worth over $30,800

Economic experts are voicing conflicting opinions on the Ministry of Finance’s proposal to tax housing worth over $30,800, which may earn more to the State budget but severely affect chance of having accommodation for moderate incomers.

Vietnam authorities look for crackdown on unlawful cryptocurrencies after $660 million scam

Shortly after an accused scam involved in hundreds of millions of dollars and thousands of people, Prime Minister Nguyen Xuan Phuc recently called for rules to strengthen the management on activities related to cryptocurrencies.

MoF is strong-willed to increase the excise tax on various kinds of items

Ministry of Finance (MoF) is still determined upon its proposal to raise excise taxes on some items such as soft drinks, tobacco despite many objections raised by the ministries.

Dr. Ngo Tri Long: Both options on calculating personal income tax are unreasonable

According to economist Ngo Tri Long, both options on changing the calculation methods of personal income tax proposed by the Ministry of Finance (MoF) are irrational.

MoF agrees not to tax land use rights transfer

Having encountered quite fierce protests from many organizations about the proposal to impose value added tax (VAT) on the transfer of land use rights, the Ministry of Finance (MoF) confirmed that it would not impose the tax.

PetroVietnam scratches head over a loss compensation worth US$2 billion to loom

An inappropriate anticipation of the market context has become the main reason that the national oil and gas group PetroVietnam may have to face a payoff.

MoF proposes to merge two stock exchanges

The Ministry of Finance said the stock market has grown 29% in the first six months of this year

MoF to publish names of errant privatised SOEs

The Ministry of Finance said the names of State-owned enterprises (SOEs) which had been privatised but failed to list on exchanges as per regulations would be published on the Government’s e-portal.

Stock indexes
936.74 3.35 0.36
Volume: 208,558,830 Value: 4,715.6 (Billions VNĐ)
106.3 -1.32 -1.22
Volume: 44,445,725 Value: 608.44 (Billions VNĐ)
50.26 -0.29 -0.57
Volume: 19,872,362 Value: 261.72 (Billions VNĐ)
931.31 4.81 0.52
Volume: 64,550,220 Value: 2,188.28 (Billions VNĐ)