The Can Tho City Tax Department recently issued Announcement No. 2639/TB-CTH, disclosing a list of 409 taxpayers with outstanding tax debts and other state budget liabilities as of August 31, 2025, totaling VND 3,715 billion.
Leading the list is Nam Song Hau Petroleum Investment and Trading Joint Stock Company, with a tax debt exceeding 90 days amounting to nearly VND 1,278 billion.
In second place is Dong Phuong Petroleum Joint Stock Company, owing over VND 807 billion in taxes for more than 90 days. Third is Ngan Thuan Construction Co., Ltd., with a tax debt of nearly VND 635 billion.
Following are two enterprises with tax debts ranging from VND 100 billion to under VND 200 billion: S.W.P Southwest Petroleum Co., Ltd. – Can Tho Branch, with over VND 192 billion, and the Can Tho Branch of Nam Song Hau Petroleum Investment and Trading Joint Stock Company, with nearly VND 114 billion.
Massive tax debts from Nam Song Hau Petroleum and its branches
Next are eight companies with tax debts between VND 20 billion and under VND 100 billion. These include Can Tho Central General Hospital, owing nearly VND 99 billion; Nam Song Hau Petroleum Trading Co., Ltd. in Soc Trang, with nearly VND 71 billion; Thien Loc Co., Ltd., owing nearly VND 43 billion; and Trung Son Joint Stock Company, with VND 38 billion.
Eleven companies have tax debts ranging from VND 10 billion to under VND 20 billion, including Can Tho Shipbuilding and Transportation Industry Joint Stock Company, with over VND 19 billion; Soc Trang Construction Joint Stock Company, with over VND 12 billion; and Can Tho Oncology Hospital, with over VND 12 billion.
Seven enterprises owe between VND 5 billion and under VND 10 billion, such as 720 Joint Stock Company, with nearly VND 8 billion, and the Soc Trang Branch of Nam Song Hau Petroleum Investment and Trading Joint Stock Company, with nearly VND 8 billion.
Twenty-one companies have tax debts from VND 1 billion to under VND 5 billion, including the second Soc Trang Branch of Nam Song Hau Petroleum Investment and Trading Joint Stock Company, owing nearly VND 4 billion; Minh Tri Production and Trading Co., Ltd., with nearly VND 4 billion; and Mekong Joint Stock Company, with nearly VND 3 billion.
Western Oil Tycoon Owes Over 1.4 Trillion VND in Unpaid Taxes
NSHPETRO (UPCoM: PSH), officially known as Nam Song Hau Petroleum Trading and Investment Joint Stock Company, tops the list of tax debtors in Can Tho City as of August 31st. Notably, several of the company’s branches are also featured on this list.
Unveiling the 3 Major Real Estate Tycoons in Ho Chi Minh City with Outstanding Tax Debts
In the latest list of major tax debtors revealed by Ho Chi Minh City’s Tax Department, three real estate businesses top the chart with a combined debt of over 100 billion VND. These companies, all operating in the realm of real estate investment and development, now face public scrutiny as their substantial tax liabilities come to light.
Proposed Tax Debt Forgiveness for Various Scenarios
The proposed revisions to the Tax Management Law currently under consultation showcase the Ministry of Finance’s innovative approach to tax debt cancellation and assessment for a diverse range of entities.
The Ultimate Guide to Property Tax Delinquents: Exposing the 900 Dong Debtors in Ho Chi Minh City’s Real Estate Scene
Beyond the real estate businesses owing taxes in the hundreds of billions of VND, the recently released list by the Ho Chi Minh City Tax Department also highlights numerous companies with debts of less than 50,000 VND.
The Tax Defaulters: Unraveling the Story of Billion-Dollar Debts in Binh Duong Province.
On November 26, the Binh Duong Provincial Tax Department disclosed a list of tax debtors to the State budget as of October 31, 2024. The list comprises 365 individuals and businesses delinquent in tax payments, totaling over VND 1,400 billion. Notably, several prominent names feature on this list, highlighting the significance of tax compliance among all entities and individuals.
