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VSIP JV GAINED RECOGNITION AS ONE OF 30 TYPICAL TAX PAYING ENTERPRISES

Hanoi, October 05, 2020 – In the list of 30 typical taxpayers, Vietnam - Singapore Industrial Park Joint Venture Limited Company (VSIP JV) is one of the honored enterprises.

On the afternoon of October 5 in Hanoi, the General Department of Taxation held a ceremony to honor taxpayers and announced the activation of a system of 479 information channels supporting tax procedures via the Etax website. At the ceremony, the Minister of Finance awarded extraordinary certificates of merit to 30 enterprises who had outstanding achievements in obeying the tax law and paying taxes into the state budget.

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According to Mr. Vu Chi Hung, Deputy Director of the General Department of Taxation, to ensure publicity and transparency, the unit has invited the Vietnam Chamber of Commerce and Industry (VCCI), Vietnam Tax Consultants' Association (VTCA) to participate in the process of reviewing and evaluating the information to select the 30 most outstanding taxpayers in the country.

The key criteria to vote for typical taxpayers given by the General Department of Taxation is the contribution to the socio-economic development of the country, including: Creating more jobs for employees; creating added value for the economy; achieving a high annual export turnover, bringing a lot of foreign currency to the country, promoting Vietnamese brands to the world; paying high rate of taxes to the State budget every year; and having a good history of adhering to tax laws.

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