Mobifone tops list of biggest tax contributors

The Hanoitimes -  The Vietnam Report Company and o­nline newspaper VietnamNet announced the 1,000 largest corporate income tax payers in Vietnam in a profile released September 22.

This is the first profile ever compiled for publication of Vietnam's top corporate income tax contributors. The ranking aims to recognise and honour enterprises for their good business performance and for their significant contributions to the country's budget over three consecutive years.

Information to compile the business profiles was collected from business results and individual data by the Vietnam Report Company in co-ordination with Taxation magazine of the General Department of Taxation, and domestic and foreign consultants.

Rankings are based o­n the total corporate income tax paid over three consecutive financial years between 2007 and 2009.

The following are the top 10 corporate income tax contributors: the Vietnam Mobile Telecom Services Company (Mobifone), the Viettel Corporation (Viettel), the PetroVietnam Gas Corporation (PVG), the Joint Stock Commercial Bank For Foreign Trade Of Vietnam (Vietcombank), the Vietnam National Oil and Gas Group (PetroVietnam), the Vietnam National Coal - Mineral Industries Group (Vinacomin), the Vietnam Bank For Agriculture And Rural Development (Agribank), the Vietnam Joint Stock Commercial Bank For Industry And Trade (Vietinbank), the Prudential Vietnam, and the Phu My Hung Corporation