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Top 1,000 corporate tax payers announced

Vietnam Report JSC has made public a list of top 1,000 corporate tax contributors this year (V1000), which paid a total amount of about 77 trillion VND (3.6 billion USD) to the state coffer.
Vietnam Report JSC has madepublic a list of top 1,000 corporate tax contributors this year (V1000),which paid a total amount of about 77 trillion VND (3.6 billion USD) tothe state coffer.

The top ten include the PetroVietnamExploration and Production Corporation PVEP), Vietnam MilitaryTelecommunications Group (Viettel), Vietnam Mobile Information Company(VMS), PetroVietnam Gas Corporation (PV Gas), Vietnam National Oil andGas Group (PetroVietnam), Vietnam Joint Stock Commercial Bank forIndustry and Trade (Vietinbank), Vietnam Bank for Agriculture and RuralDevelopment (Agribank), Vietnam Dairy Products JSC (Vinamilk), VietnamJoint Stock Commercial Bank for Foreign Trade (Vietcombank) and VietnamJoint Stock Commercial Bank for Investment and Development (BIDV).

There are 42 State-owned enterprises in the top 100 in the list,contributed over 64.5 percent of the total tax amount paid by the 100leading companies.

Meanwhile, the top 100 companiesaccounted for 64.3 percent of the total tax payment of the top 1,000,two percent lower than last year’s figure.

This is the fourthconsecutive year the V1000 ranking has been compiled. It aims to honourand encourage enterprises that make the biggest tax contribution to theState budget.-VNA

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