Expert cites vital role of infra in bringing down food prices

An economic development expert and member of the Bangko Sentral ng Pilipinas (BSP) policy-making Monetary Board (MB) recognizes the vital role of infrastructure projects under the ‘Build Better More’ program in bringing down prices of food products, t…

Estate tax amnesty extension lifeline for pandemic-hit sectors

The clock is ticking and the Senate needs to pass an important bill seeking to extend the estate tax amnesty period for two more years. Deputy Speaker and Batangas 6th District Rep. Ralph Recto said in a news release on Sunday that his ‘former classma…

BSP exec hopeful for stable food, oil prices

A member of the Bangko Sentral ng Pilipinas’ (BSP) policy-making Monetary Board (MB) has expressed hope that the prices of food and oil-related products would stabilize as soon as possible to reduce the secondary effects of inflation. This, as higher …

Four-month public capital disbursement reaches 14.66% of year’s target

More than 110.6 trillion VND (4.7 billion USD) of public investment was disbursed in the first four months of this year, equivalent to 14.6% of the yearly target and lower than the 18.48% in the same period last year, according to the Ministry of Fina…

Warning issued on false information on exporting agricultural products to China

As of May 5, 2023, the Vietnam Sanitary and Phytosanitary Notification Authority and Enquiry Point (SPS Vietnam) had not received any notice from the General Administration of Customs of China (GACC) regarding the “Certificate of GACC registration” fo…

State budget revenue reaches 645.4 trillion VND in four months

The total State budget revenue in the first four months of this year reached 645.4 trillion VND (over 27.52 billion USD), accounting for 39.8% of the estimate and 95% of the same period last year, the Ministry of Finance announced on May 5.According t…

Real estate market to rebound thanks to new policies

Rising demand for housing in urban areas in the 2021-2030, along with the Vietnamese government’s new policies on land, market transparency and bond issuances, is expected to spur the development of real estate market and opening up capital flows for …