JACK 97
Leading the tax debt list is Viet Han Sai Gon Trading – Service – Construction Co., Ltd., with a staggering debt of over 467 billion VND. Following closely are other notable names in the real estate sector, including Gia Cu Investment and Development One Member Co., Ltd. (396 billion VND) and Yen Khanh Group JSC (246 billion VND). Other companies with significant debts include Thai Son E&C JSC (over 109.6 billion VND), Cai Mep Investment JSC (nearly 89 billion VND), Danh Khoi Viet (66.3 billion VND), and Truong Anh (62 billion VND).
Among individuals, two prominent names are Vo Thi Ngoc Phuong, with a debt of nearly 158-160 billion VND, and Lam Phuoc Hai, owing 23.2 billion VND. Notably, both individuals’ registered addresses are linked to the 5-star Sheraton Saigon Hotel (88 Dong Khoi and 80 Dong Du, Ben Nghe Ward, District 1).
The tax debt “storm” has also hit publicly listed companies. Specifically, NRC Group JSC (Netland, HNX: NRC) is named with a tax debt of over 126 billion VND. Another company, Lilama 45.3 JSC (UPCoM: L43), has recorded a debt of nearly 2.5 billion VND.
From Fashion and Entertainment to Van Thinh Phat-Related Companies
The list of non-listed companies includes several familiar brands. Hoang Phuc International Investment JSC, owner of the Hoang Phuc fashion chain, owes nearly 13 billion VND. Notably, Norah Interior Design and Decoration JSC, a company linked to Truong My Lan and Truong Hue Van (Van Thinh Phat Group), is also named with a debt of over 15 billion VND.
The entertainment and media sectors are also represented. A standout is J97 Entertainment Co., Ltd., co-founded by singer Trinh Tran Phuong Tuan (Jack), which owes nearly 547 million VND.
Established in June 2020 with a charter capital of 5 billion VND, J97 Entertainment is 20% owned by Trinh Tran Phuong Tuan (Jack), while his mother, Tran Thi Cam Loan, holds 80% and serves as the Director and legal representative.
Other companies include Doan Viet Communication and Advertising Equipment Co. (23.6 billion VND), Zeus Massage Service Co. (8.8 billion VND), IPMM Entertainment and Communication Co. (4.8 billion VND), and Tram An Entertainment Co., Ltd. (over 240 million VND).
According to tax authorities, the publication of this list is in compliance with the Law on Tax Administration No. 38/2019 and Decree No. 126/2020, applicable to cases of tax arrears exceeding 90 days. This move aims to pressure organizations and individuals to fulfill their obligations to the state budget.
This is not the first time the HCMC Tax Department has publicly disclosed a tax debt list. In July, the department published a list of 195 companies owing over 1.186 trillion VND. The continuous updates underscore the authorities’ efforts while highlighting the persistent challenge of tax arrears, which significantly strain budget revenues.
Financial Enterprises in the Digital Transformation Wave
In the face of rapid market and technological shifts, Vietnamese financial enterprises are grappling with the imperative of digital transformation. From a practical standpoint, the undeniable benefits of this transition are clear, yet significant barriers continue to hinder its seamless execution.
Unveiling Vingroup’s Mega Projects Stretching from North to South Vietnam
The past year has marked a remarkable “boom” for Vingroup, as the conglomerate has consistently launched and planned a series of mega urban projects spanning from the North to the South of Vietnam.
Sunshine Group Surges to No. 2 Market Position, Behind Only Vinhomes, Projecting Q3 Profits of Nearly VND 1.5 Trillion and Targeting Annual Earnings of VND 14 Trillion
Following the successful merger with Sunshine Homes, Sunshine Group has not only secured its position as the second-largest player in the real estate market, trailing only behind Vinhomes, but has also made significant strides toward achieving its ambitious goal of an 18-fold increase in profit by 2025.
Sky-High Apartment Prices: Why Costs Keep Climbing and How to Curb Them
Soaring apartment prices in Hanoi and Ho Chi Minh City, with many projects reaching 150-300 million VND per square meter, have sparked concern. Experts argue that simply increasing supply won’t automatically lower prices, advocating for a multi-pronged approach to address this escalating issue.
Billionaire Nguyen Thi Phuong Thao’s Ecosystem Enters the Crypto Asset Platform Race, Targeting $420 Million in Charter Capital
A groundbreaking new entity in the cryptocurrency exchange sector has emerged, backed by HD Securities and key players within the Sovico Group ecosystem. This development follows HD Securities’ recent announcement of a plan to raise over 7.3 trillion VND, with a significant portion earmarked for investment in this innovative field.
