Scenes from the 2025 Tax Work Summary Conference, Deploying Tax Tasks for 2026.
On January 6th, the Ho Chi Minh City Tax Department held the 2025 Tax Work Summary Conference, outlining tax tasks for 2026.
Coercive Measures Against 68,924 Tax Defaulters
According to the conference report, tax authorities across the city publicly disclosed information on 159,948 tax defaulters through various media channels. Additionally, temporary travel bans were imposed on 32,820 cases with total tax arrears exceeding 8.495 trillion VND. These bans were lifted for 1,161 cases, recovering 593 billion VND. Debt restructuring was applied to 675 taxpayers, totaling 163 billion VND.
Furthermore, the Ho Chi Minh City Tax Department enforced coercive measures against 68,924 tax defaulters, with total arrears surpassing 24.485 trillion VND. The amount recovered after these measures was 5.376 trillion VND.
Total Tax Debt Rises by 40.1%
Leaders of the Ho Chi Minh City Tax Department reported that as of December 31, 2025, total tax debt in the area reached 92.011 trillion VND, a 40.1% increase compared to the end of 2024. The primary cause of this rise was land-related debts, amounting to 41.038 trillion VND, with nearly 40 trillion VND stemming from disputes over pricing, area, and compensation deductions among businesses.
In 2025, the total state budget revenue collected by the Ho Chi Minh City Tax Department reached 619.989 trillion VND, achieving 123.5% of the government’s target.
At the conference, Vice Chairman of the Ho Chi Minh City People’s Committee, Nguyen Cong Vinh, praised the tax department’s efforts in budget collection, which significantly contributed to the city’s development resources.
“In 2026, the Ho Chi Minh City Tax Department should develop a realistic budget collection plan, aiming for a 10% increase compared to 2025. Simultaneously, local tax authorities must closely support businesses transitioning from lump-sum tax to declaration methods, ensuring compliance and fostering consensus to stabilize production and business activities,” Vice Chairman Nguyen Cong Vinh urged.
Three Businesses in Ho Chi Minh City Owe Hundreds of Billions in Unpaid Taxes
As of November 2025, Vũng Tà u Paradise, Xuyên Việt Oil, and Golden Hill emerge as the top three enterprises on the tax debt list in Ho Chi Minh City.
Top Real Estate Firms Lead the List of Tax Defaulters
In Ho Chi Minh City, 4,233 taxpayers owe a staggering VND 14,369 billion to the state budget. Leading the list are real estate companies, with Paradise owing VND 2,066 billion, Golden Hill VND 1,568 billion, and Vietnam Han Sai Gon Construction over VND 467 billion.
Understanding the Regulation: “Pursuing Members’ Assets When a Business Household Lacks Funds to Pay Administrative Fines”
Individual business households are now included as entities subject to the new regulations on the enforcement of administrative penalty measures.
Top Real Estate Companies in Ho Chi Minh City Owe Massive Tax Debts, One Firm Tops VND 2 Trillion
Several real estate companies continue to top the tax debt list in Ho Chi Minh City. Notably, many of these firms are affiliated with major property developers in the Southern region, including Novaland (NVL), Thuduc House (TDH), HDTC, Kim Oanh, and others.
Exposing Billion-Dollar Tax Evasion by Real Estate Giants
The Ho Chi Minh City Tax Department has released a list of over 4,200 taxpayers with outstanding debts to the state budget, totaling more than 14.369 trillion VND. Notably, several major real estate companies remain among the top debtors, with one enterprise owing over 2,000 billion VND.
