REAL ESTATE COMPANIES AMONG TOP TAX DEBTORS IN HCMC

Nearly 200 businesses in HCMC owe a combined tax debt of over VND8.08 trillion, with real estate companies featuring prominently among the top 20 entities with the highest tax arrears.

The city’s tax department recently unveiled its second batch of tax debtors, with the list finalized on October 31.

Leading the list is Xuyen Viet Oil Travel and Transport Trading Company, owing a substantial VND1.5 trillion in taxes. Golden Hill Investment Corporation, previously known for developing the Alpha City project in District 1, follows closely behind with a debt of VND1.29 trillion.

Housing Development and Trading JSC also makes an appearance, with a tax debt exceeding VND600 billion. Several other major real estate firms, including Dat Xanh Group JSC, Danh Khoi Group JSC, Truong Thinh Phat Investment Construction Real Estate Corporation, and Danh Khoi Holdings Investment JSC, are among the top 20 businesses with the highest tax debts.

As of September, tax arrears in the city had reached an alarming VND50 trillion, up by 10% against January. Land-related payments account for the majority of these defaults, totaling over VND12.6 trillion. Among these, businesses owing substantial amounts in land-related taxes constitute a significant portion, while real estate sector entities have accrued a substantial debt in corporate income taxes, amounting to VND4.2 trillion.

Source: The Saigon Times

Related News

MEMBER CORNER / PROMOTIONS

A PROJECT CLOSES – A FRIENDSHIP OPENS

In the construction industry, a project may be completed in a few months, but a great relationship is measured by decades. At Phuc Vuong, we do not chase rapid growth or superficial handshakes. Our philosophy is clear: Every project completed must open a new door of trust. Phuc Vuong believes that: Construction challenges are temporary, but a lost reputation is permanent.

Mar 10, 2026

MEMBER CORNER / PROMOTIONS

SEIZE ASEAN TEXTILE MARKET OPPORTUNITIES · CAPTURE INDUSTRY DIVIDENDS! VIETNAM BUSINESS & TECHNOLOGY MISSION - NOW OPEN FOR REGISTRATION!

As a global trade and supply chain hub, Hong Kong is the gateway to ASEAN expansion. Organised by the Hong Kong Young Scientist Association and the Hong Kong Productivity Council, this "Go Global: Vietnam Business & Technology Mission" covers the entire textile value chain, offering market insights, Vietnam entry strategies, and direct access to local resources.

Mar 10, 2026

VIETNAM MONTHLY STATISTICAL DATA

INFOGRAPHIC SOCIAL-ECONOMIC PERFORMANCE IN FEBRUARY OF 2026

The monthly statistical data presents current economic and social statistics on a variety of subjects illustrating crucial economic trends and developments, including production of agriculture, forestry and fishery, business registration situation, investment, government revenues and expenditures, trade, prices, transport and tourism and so on.

Mar 06, 2026

MEMBER CORNER / PROMOTIONS

A NEW CHAPTER BEGINS: PHUC VUONG IS READY TO PARTNER FOR 2026 PROJECTS

As the Lunar New Year holiday concludes, it is time to turn aspirations into reality. Embracing the vibrant energy of the new year, Phuc Vuong is officially open and ready to undertake new construction projects for 2026. In the world of construction, we understand that a blueprint is more than just concrete and steel—it represents the vision and dedication of the investor.

Mar 05, 2026

VIETNAM ECONOMY INVESTMENT

HCMC LOOKS TO LURE US$11 BILLION IN FDI FOR 2026

To reach the milestone – a significant jump from US$8.37 billion in 2025 – the city is adopting a selective high-quality approach. Priority is given to high-tech and digital transformation with semiconductor, AI, and data centers; logistics and finance with the Vietnam International Financial Center in HCMC and the Cai Mep Ha Free Trade Zone and smart infrastructure with transitioning existing industrial parks into eco-smart models.

Mar 04, 2026

GARMENT / TEXTILE

MANUFACTURING SECTOR HITS FOUR-MONTH HIGH ON STRONGER DEMAND

Vietnam’s manufacturing sector expanded at a faster pace in February, with the Purchasing Managers’ Index (PMI) rising to 54.3 from 52.5 in January, marking the strongest improvement in four months, according to S&P Global. The reading remained well above the 50-point threshold that separates expansion from contraction. It also extended the sector’s current growth streak to eight consecutive months, reflecting improving business conditions.

Mar 04, 2026