Name calling of big tax debtors in HCMC

Name calling of big tax debtors in HCMC

VCN - Among nearly 600 tax debtors called out by HCMC Tax Department at the end of November 2020, there are more than a dozen enterprises owing hundreds of billions of VND in taxes.
HCM City Customs detects some processing enterprises vacated their business addresses

HCM City Customs detects some processing enterprises vacated their business addresses

VCN- HCM City Customs Department detects some some foreign-invested enterprises engaged in export production and processing have not notified their production establishment to Customs when changing locations and then they have vacated their business addresses.
Businesses propose solutions HCM City to recover economy post-Covid 19 pandemic

Businesses propose solutions HCM City to recover economy post-Covid 19 pandemic

VCN- On October 3, the People's Committee of HCM City held a seminar "Restoring and developing the HCM City’s economy amid the complicated developments of the Covid-19 pandemic".
HCMC: breakthrough in capital disbursement

HCMC: breakthrough in capital disbursement

VCN - In the first nine months of 2020, the disbursement rate for HCM City rose by over 78% compared to the same period last year and was considered a breakthrough in disbursement.
HCMC Customs Department: Revenue reaches more than VND 60,000 billion

HCMC Customs Department: Revenue reaches more than VND 60,000 billion

VCN- As of August 15, the total import and export turnover of goods via Cat Lai Port was VND69,533.77 million, a year-on-year decrease of 2.2%.
HCMC actively supports enterprises to welcome opportunities from EVFTA

HCMC actively supports enterprises to welcome opportunities from EVFTA

VCN- Over the past 30 years, the EU had 909 projects licensed to invest in the city with a total capital of US$3.17 billion.
HCMC: More than VND 30,000 billion of domestic tax debts

HCMC: More than VND 30,000 billion of domestic tax debts

VCN- By the end of July, total domestic tax debt in Ho Chi Minh City wasVND30,171 billion.    
HCMC enterprises own tax debt of more than VND27,000 billion

HCMC enterprises own tax debt of more than VND27,000 billion

VCN – At the end of February 2020, total tax debt at Ho Chi Minh City (HCMC) was more than VND27,000 billion, up more than VND3,000 billion from the end of 2019.
Cars mainly imported through Hai Phong and HCMC seaports

Cars mainly imported through Hai Phong and HCMC seaports

VCN - In July 2019, the volume of imported cars was 11,609 units, worth nearly US$259 million.
HCMC: Many taxes saw the lowest growth in three years

HCMC: Many taxes saw the lowest growth in three years

VCN - Many taxes contributing main revenues to the budget have increased but saw the lowest growth in the lasy three years.
Sa Huynh company to be prosecuted for importing ovens

Sa Huynh company to be prosecuted for importing ovens

VCN – The Investigating Police Agency of HCMC Public Security has issued a decision to prosecute a smuggling case against Sa Huynh Trading and Production Company Ltd., for importing thousands of ASANZO-branded ovens from China but declaring them as compon
Necessary to identify HCMC financial center as a national issue

Necessary to identify HCMC financial center as a national issue

VCN - After nearly 20 years, Ho Chi Minh City is determined to re-implement the "dream" to become a regional and international financial center.
Ho Chi Minh City is an attractive destination for European businesses

Ho Chi Minh City is an attractive destination for European businesses

VCN - According to Euro-Cham members, businesses are very interested in Vietnam, especially HCMC, because this city has many attractive policies with FDI enterprises.
HCMC: First day of supporting PIT finalization: few taxpayers, fast implementation

HCMC: First day of supporting PIT finalization: few taxpayers, fast implementation

VCN – On March 18, 2019, Ho Chi Minh City (HCMC) Tax Department started the support program for taxpayers who are individuals submitting personal income tax (PIT) finalization documents.
HCMC: More than half of tax dossiers are refunded by electronic method

HCMC: More than half of tax dossiers are refunded by electronic method

VCN - Of the nearly 1,600 tax refunded dossiers, HCMC Department of Taxation has implemented electronic tax refund for 830 dossiers
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