Private sector makes up majority of Vietnam’s top 1,000 tax payers
Total corporate tax paid by these enterprises in the list accounted for 60.3% of the total revenue from corporate tax, and increased by 8.3% against those in the list of 2017.
Most companies in the list of Vietnam’s top 1,000 biggest tax payers in 2018 are from the private sector, contributing 66.4% of total amount of corporate tax, according to the General Department of Taxation.
State-owned enterprises (SOEs) make up the rest of 24.6%, according to the list of top 1,000 Vietnam’s biggest tax payers in 2018 unveiled by the tax authority.
According to the department, total corporate tax paid by these enterprises in the list accounted for 60.3% of the total revenue from corporate tax, and increased by 8.3% against those in the list of 2017.
Most of headquarters of 1,000 enterprises in the list are concentrated in major cities/provinces such as Ho Chi Minh City, Hanoi, Binh Duong and Dong Nai.
Upon breaking down, those in Ho Chi Minh City contributed 34.1% of revenue from corporates in the list, while the ratio of Hanoi was 34.7%, Binh Duong with 3.9% and Dong Nai with 4.9%.
Military-run telecom company Viettel claimed the top spot of the list, followed by Honda Vietnam.
State-run PetroVietnam Gas (PetroGas) and Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank) ranked third and fourth, respectively.
The remaining companies in the top 10 were Samsung Electronics Vietnam (5th), Airports Corporation Vietnam (ACV) (6th), Technological and Commercial Joint Stock Bank (Techcombank) (7th), Vietnam Dairy Products (Vinamilk) (8th), Heineken (9th) and Bank for Investment and Development of Vietnam (BIDV) (10th).
In terms of sector, the number of companies operating in manufacturing and processing accounted for 33.37% of the list; followed by finance, banking and insurance (18.78%) and real estate (10.74%).
Illustrative photo.
|
According to the department, total corporate tax paid by these enterprises in the list accounted for 60.3% of the total revenue from corporate tax, and increased by 8.3% against those in the list of 2017.
Most of headquarters of 1,000 enterprises in the list are concentrated in major cities/provinces such as Ho Chi Minh City, Hanoi, Binh Duong and Dong Nai.
Upon breaking down, those in Ho Chi Minh City contributed 34.1% of revenue from corporates in the list, while the ratio of Hanoi was 34.7%, Binh Duong with 3.9% and Dong Nai with 4.9%.
Military-run telecom company Viettel claimed the top spot of the list, followed by Honda Vietnam.
State-run PetroVietnam Gas (PetroGas) and Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank) ranked third and fourth, respectively.
The remaining companies in the top 10 were Samsung Electronics Vietnam (5th), Airports Corporation Vietnam (ACV) (6th), Technological and Commercial Joint Stock Bank (Techcombank) (7th), Vietnam Dairy Products (Vinamilk) (8th), Heineken (9th) and Bank for Investment and Development of Vietnam (BIDV) (10th).
In terms of sector, the number of companies operating in manufacturing and processing accounted for 33.37% of the list; followed by finance, banking and insurance (18.78%) and real estate (10.74%).
22:35, 2024/04/29
Tech giants pay nearly US$580 million in taxes in Vietnam
The list of foreign suppliers who have declared and paid taxes includes Google, Meta (Facebook), Microsoft, TikTok, Netflix, and Apple, among others.
21:29, 2024/04/29
French market awaits Vietnamese green, sustainable businesses
With some 230 enterprises now operating in Vietnam, France is the second-largest European investor in the Southeast
Asian country.
17:16, 2024/04/29
Expectations for Vietnam’s real estate market to flourish
The Government, ministries, and businesses are urged to implement solutions to solve existing major issues hampering the development of the real estate market.
08:57, 2024/04/29
Training: key to enhancing competitiveness of Vietnam's tourism workforce
The tourism industry of Vietnam is currently enjoying strong recovery and growth, but faces many challenges, including a lack of skilled manpower.
20:53, 2024/04/28
Hanoi and Thai Nguyen strengthen cooperation in trade, investment and tourism
The event takes place from April 26 to May 1 in Thai Nguyen City, in the northern province of Thai Nguyen.
20:19, 2024/04/28
Cooperation and investment: key to effective tourism promotion in Vietnam
The tourism industry has developed action programs and organized promotional and advertising activities for the coming period.
- Hanoi ranks second in the E-Business Index
- Hanoi hosts the “Green Products for Consumers” fair
- Hanoi aims to lead the country in exporting OCOP products
- IT training urged to focus on semiconductors
- 3,400 taels of gold purchased at the first-in-11-year auction
- Hanoi partners with Lai Chau to market OCOP products