A filling station in HCMC (Photo: SGGP)

Ministry requires to stabilize petrol prices

The Ministry of Industry and Trade and the Ministry of Finance have required domestic enterprises to stabilize petrol prices in the price adjustment period, on March 8.
The price of RON 95 petrol declined by 400 VND per liter from 15:00 on February 21 as decided by the Ministry of Industry and Trade and the Ministry of Finance (Illustrative photo: VNA)

RON 95 petrol price drops by VND 400 per liter

The price of RON 95 petrol declined by VND 400 per liter from 15:00 on February 21 as decided by the Ministry of Industry and Trade and the Ministry of Finance.
Businesses have been required not to increase petrol price ahead of the Tet holiday (Photo: SGGP)

Ministries require not to increase petrol prices

The Ministry of Finance and the Ministry of Industry and Trade required businesses to keep petrol price unchanged and increase spending of price subsidization fund in the price adjustment period on February 3.

EVN to pay tax arrears of VND 1.9 trillion (Photo VNA)

EVN to pay tax arrears of VND 1.9 trillion

The Ministry of Finance (MoF) is demanding more than VND1.9 trillion ($85 million ) in tax arrears from the Electricity of Vietnam (EVN) after uncovering that the group had failed to declare its costs accurately.
Vietnamese Grab bike riders wait for passengers in HCM City. (Photo: vietcetera.vn)

MoF probes Grab for possible tax evasion

The Ministry of Finance (MoF) will continue coordinating with the State Bank of Vietnam and other competent authorities to review the use of Malaysian company Grab’s grants from the mother company to its local branch.
 
Hai Dang farm in My Thang Commune of Nam Dinh Province, with a total area of 12,000 sq.m. of greenhouse, is an example of hi-tech agriculture production in Nam Dinh Province, generating VND200 million (US$8,800) in profits a year.  (Photo: VNA/VNS)

Agro-forestry SOEs to be audited in 2019: Deputy PM

A thorough audit of all State-owned agricultural businesses will be carried out in 2019 following next year’s concentrated restructuring efforts, so as to identify underperforming firms and other issues facing the sector.
Deputy Minister of Information and Communications Nguyen Thanh Hung speaks at the seminar (Photo: SGGP)

Ministry of Finance & Da Nang lead in Vietnam ICT Index 2017

The Ministry of Finance and the central city of Da Nang continued to lead in Vietnam ICT Index 2017, said the Ministry of Information and Communications and the Vietnam Association for Information Processing.
 
People buying petrol at a station on Nguyen Cong Tru Street in Hanoi (Photo: VNA/VNS)

Environmental tax hike rejected

The National Assembly Standing Committee has not approved the Ministry of Finance’s proposal to almost triple the environmental protection tax on oil and gas consumption, citing potential harm to consumers.
A production chain at the Saigon Alcohol Beer and Beverages Corporation’s plant in Thanh Loc Industrial Zone, Kien Giang Province. (Photo: VNA/VNS)

Equitisation of SOEs from the perspective of foreign investors:seminar

Equitisation of State owned enterprises (SOEs) has progressed well in 2011-2016 period and the first eight months of 2017 thanks to various ministries and sectors, economic groups and localities getting onboard, said an official from the Ministry of Finance.
A view of ethanol production plant of Tung Lam JSC in Dong Nai. (Source: laodongdongnai.vn)

Ministry moots ethanol import tax cut

The Ministry of Finance has proposed to lower import tax on bio-fuel ethanol from 20 to 17 percent so as to make E5 petrol cheaper.