The Commission's functions and tasks will be transferred to the Ministry of Finance, the State Bank of Viet Nam, the Government Inspectorate and the Government Office.
Data from the Vietnam Bond Market Association revealed that in May, the whole market saw 42 separate bond issuances totaling VND46.77 trillion ($1.78 billion).
Under a new decree, Minister of Finance shall exercise the authority to give opinions and decide on the signing of bilateral and multilateral Advance Pricing Arrangements (APAs) involving foreign tax authorities.