Vingroup named Vietnam’s seventh biggest taxpayer in 2014

December 09, 2014 | 16:00

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Vingroup was ranked seventh among Vietnam’s biggest taxpayers in 2014 according to results announced on December 2.

Vingroup paid the biggest amount of tax for the year 2013 among private companies with a total VND2.6 trillion ($122 million) paid, up 308 per cent on year. This is the first year Vingroup made it onto the list of the country’s top ten tax payers after five consecutive years listed on the V1000, the list of Vietnam’s 1000 biggest tax payers.

In terms of financial results, 2013 was the best in the group’s history with VND7.15 trillion ($335.7 million) earned in net profit and revenue of VND18.3 trillion ($860 million), up 132 per cent on year.

The V1000 aims to honour firms that make the greatest contributions to state coffers. The list is released by the General Department of Taxation and Vietnam Report, with the consultation of independent domestic and foreign experts.

By By Quang Hung

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