Insurance companies must tighten the supervision and inspection of insurance agencies, quality of consultation, and sales, said the Insurance Supervisory Authority, the country's insurance industry regulator under the Ministry of Finance.
Deputy PM Tran Luu Quang has signed a dispatch on the cancellation of World Bank (WB) loans due to the unusability, and the re-allocation and use of the canceled International Development Association (IDA) loans in the 2022 - 2023 fiscal year.
The Ho Chi Minh City Real Estate Association (HoREA) recently submitted a written proposal to the Ministry of Finance for submitting to the Government for further consideration and amendment of Decree 65/2022/ND-CP.
The National Assembly approved the public investment plan with a total capital of over VND700 trillion (US$29.85 billion) in 2023, VND140 trillion higher than the plan in 2022 and VND260 trillion higher than 2021.
The implementation progress of the 2-percent interest rate support package is extremely slow, the Ministry of Finance informed at a press conference for the fourth quarter of 2022 on January 9 in Hanoi.
By November 30, 54 localities and ten ministries had a disbursement rate below 50 percent. Of these, six ministries and four localities had zero percent disbursement rate. Three ministries and five localities saw a disbursement rate of over 50 percent of the capital plan.
The Ministry of Finance (MoF) is taking steps to stabilize domestic gasoline prices and supply while removing difficulties for petroleum traders, said Nguyen Tien Minh, Director of the MoF’s Price Management Department.
According to a report of the Ministry of Industry and Trade at a press conference on November 15, while fuel prices increase, and the USD/VND exchange rate climbs, many fuel enterprises face difficulties in accessing foreign currency and credit sources (businesses are not eligible for loans at credit institutions).
The Ministry of Finance continued to make recommendations on the operation of the corporate bond market on November 14. Since 2019, this has been the 17th warning to corporate bond issuers, market participants, and individual investors.
The Ministry of Finance yesterday sent an official dispatch to the Ministry of Industry and Trade about the normative cost calculation of the base price of petrol which was proposed to apply from November 11.
Vietnam should focus on accelerating the disbursement of public investment and the economic recovery programme in the next two years to promote national growth, according to Le Thi Thuy Van, deputy director of National Institute for Finance under the Ministry of Finance.