MoF collects data serving reduction of 35 kinds of fees, charges

May 5th at 13:58
05-05-2023 13:58:53+07:00

MoF collects data serving reduction of 35 kinds of fees, charges

The Ministry of Finance (MoF) has sent a document to ministries, ministerial-level agencies and Government agencies asking for their coordination in the drafting of a circular on reducing fees and charges to ease difficulties for people and businesses.

 

The Ministry of Finance (MoF) has sent a document to ministries, ministerial-level agencies and Government agencies asking for their coordination in the drafting of a circular on reducing fees and charges to ease difficulties for people and businesses.

The MoF is working on the circular on continued reduction of 35 kinds of fees and charges from July 1 to December 31 this year.

To help with the drafting of the proposal, the MoF asked ministries and agencies to promptly evaluate their collection, payment, management and use of fees and charges under their management and recommend the reduction levels to the MoF.

Earlier, the ministry submitted to the Prime Minister a proposal to cut and reduce taxes, fees and charges in 2023.

On April 17, the Government Office issued a document, in which Deputy Prime Minister Le Minh Khai assigned the MoF to build a circular on the reduction and submit a report to the PM on the application of shortened procedures to approve the MoF’s circular.

vir



NEWS SAME CATEGORY

ADB, Switzerland cofinance US$5 million to improve access to finance for SMEs in Vietnam

This funding, along with a $2 million contribution from the Japan Fund for Prosperous and Resilient Asia and the Pacific financed by the Government of Japan, will...

Credit for securities, property posts highest growth in Vietnam

Credit flows into high-risk sectors, including securities and real estate businesses, reported the highest growth among economic sectors in Vietnam in the first two...

Banks get moving with fresh deals

The Vietnamese banking sector continues to be characterised by a dynamic merger and acquisition landscape, driven by domestic consolidation and foreign investment.

Government proposes National Assembly consider 2 per cent reduction in VAT in coming agenda

The Government has proposed the National Assembly (NA) to consider a 2 per cent reduction in the value-added tax (VAT) on goods and services subject to a 10 per...

MB and SBI Shinsei Bank sign MBCambodia equity deal

MB Group and SBI Shinsei Bank officially inked a agreement on April 7 for the sharing of equity investment in MB Bank (Cambodia), a new commercial bank recently...

ABBANK eyes 68% profit growth

Shareholders of ABBANK approved a number of targets for 2023, including a 68 per cent increase in pre-tax profits to VND 2.8 trillion (US$120 million), at the...

Lenders to benefit in SBV debt reposition

The State Bank of Vietnam’s fresh set of policies are anticipated to ameliorate the financial strain faced by both creditors and debtors, as well as establish a...

Tech-driven embedded finance disrupting Vietnam’s financial landscape

As technology evolves and the Vietnamese economy matures, more innovative fintechs are embracing the benefits of next-generation technology and unique business...

Consumer credit needs a legal framework

It is critical to develop a proper legal framework for consumer credit to protect the legitimate rights of both borrowers and lenders.

Banks' senior management see major changes

Senior management in the banking industry has changed continuously since the beginning of 2023.

Bank stocks

Insurance stocks


MOST READ


Back To Top