12 firms own over VND546bn (USD23.60m) in taxes, of which Lilama Hanoi owns VND111bn and Mecomic JSC owns VND60bn.
16 firms own nearly VND1.30trn (USD56.25m) in land rental fees. Lung Do 5 Development and Investment JSC leads the list with VND342bn, followed by Hoang Ha Construction JSC with VND158bn and CT Vietnam International JSC with VND122bn. Lilama Hanoi also owns VND67bn in land rental fees.The authorities have applied various measures including withdrawing the fees from the companies' accounts but have still been unable to recover the tax arrears.
Since early 2018, Hanoi Tax Department has publicly named 690 companies that still owe tax arrears. As of now, 198 companies have paid nearly VND47.60bn (USD2m) of the VND1.47trn.
The department has warned the firms to pay their taxes before stricter measures are applied.
