What did the market management report about Asanzo?

VCN – The General Department of Market Management sent a document to the Permanent Office of National Steering Committee 389 to report on the inspection and verification results relating to Asanzo Corporation (HCM City).  
tin nhap 20190908171215
Results of buying components and spare parts of Asanzo. Sketched by: T. Bình

By implementing the direction of the Prime Minister and National Steering Committee 389, the General Department of Market Management assigned the HCM City Market Management to coordinate with HCM City Planning and Investment Department and the HCM City Customs Department to provide information related to Asanzo Company in order to carry out the inspection and verification of information.

There are 38 enterprises on the list of verification of the Market Management force.

As a result of the initial verification, the branch of KDDI Vietnam Company Limited in Ho Chi Minh City with business code 0100971460001 could not search for business information.

Three enterprises whose headquarter addresses were not in ​​Ho Chi Minh City area including POYLINK Co., Ltd., (business code: 3702609278); Asanzo Electronics Technology Investment Joint Stock Company (business code: 1101873316); Lotte Global Logistics Vietnam Co., Ltd., (business code: 1100816121).

Market Management force also verified seven enterprises based on the list provided by the Ho Chi Minh City Planning and Investment Department and 23 enterprises based on the list provided by the HCM City Customs Department.

Among these businesses, there were businesses that were no longer operating, some businesses did not generate any transactions to buy Asanzo products and some enterprises operated normally and did not have signs of legal violations.

The General Department of Market Management has established a working group in collaboration with other units to work and verify information at Asanzo Group Joint Stock Company. The working group compiled a report on the list of goods suppliers for Asanzo, the list of goods assembled by the company and the list of Asanzo customers.

Notably, according to the report, Asanzo Group Joint Stock Company has spent a lot of money every year to buy components and spare parts, of those most are related to television products.

In particular, in 2017, Asanzo imported nearly 3 million components and spare parts worth nearly 553 billion VND.

In 2018, Asanzo continued to buy large quantities of television components and spare parts from several companies: Le Son, Le Quang, Gia Bao, Tran Thoan, Truong Thien, Van Anh, Hung Thinh Co., Ltd. , Thach Son, Xop Phuong Nam, Viet Huong Trade, Phuong Nam Packaging, Van Doan Investment, Nhat Van Trade, Nghia Phat, Hong Diem Import and Export, Vietnam Czech Import and Export.

The total imported by Asanzo in 2018 reached more than 4.52 million components and spare parts, with a total value of more than 1,075 billion VND. It increased by 50% in volume and more than 94% in value compared to the previous year.

In 2019, Asanzo purchased 1,022 million components and spare parts with total value of 235 billion VND.

Several businesses importing goods of ASANZO "disappeared".

Regarding the activities of Asanzo Group Joint Stock Company, at the press conference "The fight against fraudulent origin in the customs sector" organized by the General Department of Vietnam Customs which took place on July 19, leader of Post-clearance Audit Department (General Department of Vietnam Customs) said: By implementing the directives of the Prime Minister and the Ministry of Finance, the General Department of Vietnam Customs has actively implemented related tasks. In the verification process, the Customs authorities identified 31 import and export enterprises operating import – export activities with Asanzo Group Joint Stock Company.

Of those, three enterprises were no longer operating and one enterprise was prosecuted (Sa Huynh Company).

Therefore, the Customs authority issued 27 decision of post-clearance audit for 27 enterprises. Among 27 enterprises, the Post-Clearance Audit Department directly inspected 13 enterprises and transferred 14 units to the HCM City Customs Department for inspection. The HCM City Customs Department has issued post-clearance audit decisions for 14 companies importing goods and components branded ASANZO.

After issuing 14 post-clearance audit decisions, the Post-Clearance Audit Customs Branch (HCM City Customs Department) sent customs official to the business registration addresses of these above companies to announce inspection decisions in accordance with provisions of law. However, all of these addresses do not have any businesses operating, and were houses, cafes or fake addresses.

Police and local authorities have confirmed to Customs authorities that businesses are not operating at the registered business addresses. Therefore, the Customs authorities cannot carry out the post-clearance audit to clarify whether or not these businesses have committed tax frauds and evasion.

By Thái Bình/Thanh Thuy

Related News

Japanese businesses express satisfaction with HCMC Customs’ Support

Japanese businesses express satisfaction with HCMC Customs’ Support

On December 9, 2024, during the roundtable meeting between the Ho Chi Minh City Government and the Japanese Business Association of Ho Chi Minh City (JCCH), representatives from Japanese businesses expressed great satisfaction with the guidance and responses provided by the Ho Chi Minh City Customs Department.
Innovating gold market management mindset

Innovating gold market management mindset

VCN - To better manage the gold market in the current context, Ass. Professor Dr. Nguyen Thuong Lang, Senior Lecturer at the Institute of International Trade and Economics, National Economics University, believed that a shift in gold market management was needed. Moving away from administrative control toward more economically driven mechanisms and policies is essential.
HCM City Customs detects violations worth nearly VND 4.4 trillion

HCM City Customs detects violations worth nearly VND 4.4 trillion

VCN - In the first 10 months of 2024, the HCM City Customs Department uncovered nearly 2,000 violations, with the value of the seized goods estimated at nearly VND 4.4 trillion.
Four business directors face exit bans over persistent tax debts

Four business directors face exit bans over persistent tax debts

VCN - The HCM City Customs Department has issued exit suspension notice for four business directors who have persistently failed to settle their import-export tax debts. The exit restrictions took effect on November 12, 2024.

Latest News

Drug trafficking ring busted: Synthetic drugs concealed in pickled bamboo containers

Drug trafficking ring busted: Synthetic drugs concealed in pickled bamboo containers

VCN - Law enforcement agencies successfully dismantled two major drug trafficking operations, seizing a significant quantity of illicit drugs along with firearms and ammunition.
High-risk of foreigners colluding with drug traffickers to produce drugs in Vietnam

High-risk of foreigners colluding with drug traffickers to produce drugs in Vietnam

VCN – The Vietnamese Ministry of Public Security's Investigation Police Department on Drug-related Crimes (C04) said that the Chinese and Taiwanese (China) suspects colluding to illegally procedure synthetic drugs in Vietnam show high-risk.
Exposing methods of hiding drugs and contraband goods through Cha Lo international border gate

Exposing methods of hiding drugs and contraband goods through Cha Lo international border gate

VCN - Hiding drugs inside personal shoes, cake boxes, paintings, storage compartments, ashtrays, in the hood and under the gear lever of cars...; mixing fireworks inside cargo containers, cabins, storage compartments, under the hood of vehicles... are the methods and tricks of the smugglers that have been discovered by the Cha Lo Border Gate Customs Branch (Quang Binh Customs Department).
Prevent counterfeit goods on e-commerce platforms

Prevent counterfeit goods on e-commerce platforms

VCN – Development of e-commerce has facilitated people but increased commercial fraud, especially counterfeit goods, goods infringing on intellectual property, goods of unknown origin.

More News

Customs sector strengthens anti-smuggling for e-commerce products

Customs sector strengthens anti-smuggling for e-commerce products

VCN – In 2025 and in the near future, the General Department of Vietnam Customs (GDVC) will strengthen inspection and control for imports and transportation of products traded via online applications, goods traded on e-commerce platforms and sent via express delivery service, Director of the Anti-smuggling and Investigation Department Vu Quang Toan said.
At the end of the year, there is concern of counterfeit and smuggled goods entering into Ho Chi Minh City

At the end of the year, there is concern of counterfeit and smuggled goods entering into Ho Chi Minh City

VCN - Ho Chi Minh City is implementing many solutions to prevent smuggled and counterfeit goods from entering the market at the end of the year.
Rise in e-commerce violations sparks concern

Rise in e-commerce violations sparks concern

VCN - The increasing sophistication of violations in e-commerce operations is presenting significant challenges for regulatory agencies, with offenders employing advanced tactics to evade detection.
Lang Son intensifies crackdown on smuggling and trade fraud

Lang Son intensifies crackdown on smuggling and trade fraud

VCN - The end of the year marks a period of heightened smuggling and trade fraud activities along the Lang Son provincial border. In response, local enforcement agencies have ramped up inspections and controls to detect and prevent tax evasion, counterfeit goods, and smuggling operations.
Numerous FDI enterprises face suspension of customs procedures due to tax debt

Numerous FDI enterprises face suspension of customs procedures due to tax debt

VCN - Several foreign direct investment (FDI) enterprises in HCM City have been subjected to coercive measures, including the suspension of customs procedures, for overdue import-export and domestic tax liabilities.
Concerns over counterfeit goods in e-commerce and express delivery

Concerns over counterfeit goods in e-commerce and express delivery

VCN - The proliferation of counterfeit goods and intellectual property (IP) violations in e-commerce has become a significant challenge for businesses and authorities alike. This issue was highlighted at the seminar titled "Enhancing Cooperation to Combat Smuggling, Counterfeiting, and IP Violations," organized by Customs Magazine last weekend in Ho Chi Minh City.
Illegal transport of currency and gold tends to increase near Lunar New Year

Illegal transport of currency and gold tends to increase near Lunar New Year

VCN - The smuggling, trade fraud and illegal transportation of goods across the border has become complicated, especially illegal transport of currency and gold.
Smuggling forecast for the Lunar New Year 2025  will be complicated

Smuggling forecast for the Lunar New Year 2025 will be complicated

VCN - This is the assessment made by the Steering Committee 389 of the Ministry of Finance during the peak of the fight against smuggling, trade fraud and counterfeit goods before, during and after the Lunar New Year 2025.
Tax authorities crack down on invoice fraud to legalize smuggled goods

Tax authorities crack down on invoice fraud to legalize smuggled goods

VCN - As part of efforts to combat smuggling and trade fraud during the Lunar New Year season, the Steering Committee 389 of the Ministry of Finance has instructed the General Department of Taxation to intensify enforcement against illegal practices involving fraudulent invoices and tax evasion.
Read More

Your care

Latest Most read
Drug trafficking ring busted: Synthetic drugs concealed in pickled bamboo containers

Drug trafficking ring busted: Synthetic drugs concealed in pickled bamboo containers

Law enforcement agencies successfully dismantled two major drug trafficking operations, seizing a significant quantity of illicit drugs along with firearms and ammunition
High-risk of foreigners colluding with drug traffickers to produce drugs in Vietnam

High-risk of foreigners colluding with drug traffickers to produce drugs in Vietnam

VCN - In 2024, the enforcement authorities have not detected any illegal production of semi-synthetic and synthetic drugs nationwide.
Exposing methods of hiding drugs and contraband goods through Cha Lo international border gate

Exposing methods of hiding drugs and contraband goods through Cha Lo international border gate

VCN - Hiding drugs inside personal shoes, cake boxes, paintings, storage compartments, ashtrays, in the hood and under the gear lever of cars...; mixing fireworks inside cargo containers, cabins, storage compartments, under the hood of vehicles... are the
Prevent counterfeit goods on e-commerce platforms

Prevent counterfeit goods on e-commerce platforms

VCN - Over the past time, the number of violations and handling in the e-commerce environment has constantly increased, with the nature of violations and complicated developments.
Customs sector strengthens anti-smuggling for e-commerce products

Customs sector strengthens anti-smuggling for e-commerce products

VCN - In 2024, the preventing and combating smuggling, trade fraud and illegal transportation of goods across the border have gained remarkable achievements.
Mobile Version