Posts Tagged ‘ State Treasury ’

Price stabilization fund doing its job well: official 

January 28, 2011
Price stabilization fund doing its job well: official 

A gas station in Ho Chi Minh City. Without the price stabilization fund, Vietnam would not have been able to keep fuel prices stable, an official said. The Finance Ministry will soon step up inspections to prevent fuel traders from further misusing the price stabilization fund, Nguyen Tien Thoa, head of the Department of Price [...]

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Vietnam to offer VND1 trln bonds on Feb 4

February 3, 2010
Vietnam to offer VND1 trln bonds on Feb 4

Vietnam’s State Treasury will offer two-year and five-year bonds to raise VND1 trillion this week, the Hanoi stock exchange said on Tuesday. The exchange will sell the government bonds on Thursday to raise VND500 billion in two-year debt and another VND500 billion in five-year bonds, it said.At its last auction, on Jan. 21, the State [...]

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Conference platform for IT solutions

September 24, 2009
Conference platform for IT solutions

LookAtVietnam – The annual conference and expo “Viet Nam Information and Communications Technology in Finance 2009″ opened in Ha Noi on September 23. Alongside the conference, an exhibition was held, which displayed ICT products and solutions from local and international providers.The event will be a platform for introducing, sharing and accessing the latest Information and Communications [...]

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BUSINESS IN BRIEF 2/9

September 2, 2009
BUSINESS IN BRIEF 2/9

Transport cost rises will not exceed 15%, says VATA; ACB provides soft loans for rice exporters; Indonesia AirAsia about to operate Jakarta-HCMC direct flights; Vietnam’s exports to the US surge  Transport cost rises will not exceed 15%, says VATA Many transport companies are considering increasing transportation costs due to gasoline rising VND1,000 per liter on [...]

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BUSINESS IN BRIEF 1/9

September 1, 2009
BUSINESS IN BRIEF 1/9

Foreign players tap into local market; Rice exports reach 4.4 mllion tonnes; Vietnam’s exports to US continue growing  More than 4.4 million tonnes of rice were exported in the first eight months of the year, up 41.93 percent over the same period last year, according to the Vietnam Food Association (VFA). The free-on-board export value [...]

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BUSINESS IN BRIEF 27/8

August 27, 2009
BUSINESS IN BRIEF 27/8

New border bridge brings in waves of investors; BNP Paribas up stake in local bank; Trade exhibitions promote leather, shoes and building; New border bridge brings in waves of investors   Even though the inauguration of Kim Thanh bridge, scheduled for Sept. 2, is still days away, as many as 50 investors have already registered to [...]

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ATMs to accept tax payments

August 17, 2009
ATMs to accept tax payments

LookAtVietnam – A pilot scheme allowing citizens to pay their taxes via automatic teller machines (ATMs) will kick off next month, said the General Department of Taxation. Customers making transactions at a Vietinbank branch. A pilot scheme which enables citizens to pay tax via automatic teller machines starts next month.A briefing will be organised later [...]

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Non-cash payment promoted nationwide

August 8, 2009
Non-cash payment promoted nationwide

State agencies have reached their target one year ahead of schedule after three years of implementing a scheme on non-cash payment. Director of the State Bank of Vietnam (SBV)’s Department of Payment Bui Quang Tien said that the ratio of cash payment had fallen from 16.36 percent in 2007 to 14 percent in June, with [...]

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BUSINESS IN BRIEF 28/7

July 28, 2009
BUSINESS IN BRIEF 28/7

Mergers and acquisitions in banking sector to increase; Standard Chartered: Government fiscal stimulus package boosts economy; Almost 130 Thai businesses to exhibit in Vietnam; Big domestic energy groups hook up    Ten Vietnamese businesses have been listed in the Retail Asia-Pacific Top 500 by the Retail Asia Magazine. These include the Saigon Jewelry Holding Company (SJC), [...]

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Gov’t could boost bond sales with tax exemption, says association

June 15, 2009
Gov’t could boost bond sales with tax exemption, says association

The Vietnam Association of Financial Investors has asked that government bond investors be exempt from corporate income taxes to boost bonds sales that have sunk on low interest rates. The State Treasury failed to sell VND1 trillion (US$56.2 million) in bonds on June 4 as investors expected higher yields, according to an e-mailed statement from [...]

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Feature

Vietnam, Cuba foreign ministries to bolster ties

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Vietnam’s top diplomat has affirmed that the Foreign Ministry will closely cooperate with its Cuban counterpart to implement the agreements reached by the two...