Pandemic-hit businesses are expected to continue benefit from more support measures (Photo: VNA)

More tax, fee cuts to benefit pandemic-hit enterprises, people

About VND118 trillion (US$5.16 billion) worth of taxes, land rent, fees, and charges are expected to be reduced or have payment deadlines extended in 2021 to assist enterprises and people affected by the coronavirus pandemic.
Corporate bonds still attract investors

Corporate bonds still attract investors

In the first two quarters of 2021, real estate companies are the winners of corporate bond issuance, with an issuance value of up to VND92.3 billion and an average interest rate of 10.36 percent per annum. In the context that interest rates on bank deposits stand at an extremely low level, corporate bonds remain attractive, especially for individual investors. On the other hand, many investors have been circumventing regulations over the past time.
Petrol price up VND850 per litre on July 12

Petrol price up VND850 per litre on July 12

The Ministry of Industry and Trade (MoIT) and the Ministry of Finance (MoF) announced the adjustment of petrol prices to be over VND850 higher per litre at 3pm on July 12.

Vaccine fund receives over US$11.68 million

Vaccine fund receives over US$11.68 million

The Fund for Vaccination Prevention of Coronavirus Disease 2019 has so far received over VND264.8 billion, US$8,700 and EUR2,700  (totally US$11.68 million), according to its management board.
Over VND70 trillion of public investment capital yet to be allocated

Over VND70 trillion of public investment capital yet to be allocated

According to the report by the Ministry of Finance (MoF), the public investment capital has allocated about VND391.2 trillion, whereas more than VND70 trillion has not, accounting for more than 15 percent of the plan assigned by the Prime Minister.
In order to limit the increase of petrol price, the two ministries have spent much of the Price Stabilization Fund on different fuel types. (Photo: SGGP)

RON 95 petrol price exceeds VND18,000 a liter

Retail petrol prices rose from 3pm on February 25 following the latest review by the Ministry of Industry and Trade and the Ministry of Finance. Accordingly, the prices of RON 95 petrol and E5 RON 92 are now over VND18,000 and VND17,000 a liter, respectively.