13 Da Nang businesses listed in Viet Nam's top 1,000 corporate taxpayers
Thirteen businesses operating in Da Nang have been listed as a top 1,000 corporate taxpayers (V1000) in Viet Nam in 2018, according to the rankings recently released by the General Department of Taxation.
Da Nang’s honoured businesses are the Central Power Corporation (EVNCPC), Da Nang International Terminal Investment and Operation Joint Stock Company (AHT), Da Nang-Mien Trung Investment Company, FPT City Joint Stock Company, Dat Xanh Mien Trung JSC, Hoa Phat Steel Pipe Co., Ltd, Crown Danang Beverage Packaging Co., Da Nang Rubber JSC (DRC), Sai Gon - Mien Trung Beer JSC, Da Nang Water Supply JSC, Da Nang Port JSC, Mabuchi Motor Da Nang Co., Ltd., and Da Nang International Terminal Services JSC (AHTS).
According to the General Department of Taxation, the total amount contributed by the 1,000 businesses accounted for 60.3% of the total corporate income tax.
The total value was not disclosed but it was 8.3 % increase compared to 2017’s figure.
Non-state enterprises dominated the list with tax payment accounting for 66.4% of the total tax contribution, whilst State-owned ones made up just 24.6%.
Topping the list was Viettel Military Industry and Telecoms Group. Foreign-invested company Honda Vietnam came 2nd. Meanwhile, PV Gas and Vietcombank took the 3rd and 4th places, Samsung Electronics Viet Nam Co Ltd was ranked 5th and Airports Corporation of Viet Nam came 6th.
This is the third year the tax authority have published the V1000 biggest taxpayers on the basis of their tax contribution.