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Hoa Phat pays more than VND9,000 billion to the state budget in 2023 

 Tuesday, February 27,2024

AsemconnectVietnam - In 2023, Hoa Phat Group has paid more than VND9,000 billion to the state budget. Among them, the member companies that contribute the most to the budget are Hoa Phat Dung Quat Steel, Hoa Phat Hai Duong Steel, Hoa Phat Steel Pipe, Hoa Phat Hung Yen Steel, and Electrical Appliances.

The total amount of taxes and fees of all kinds paid by Hoa Phat Dung Quat Steel Company to the budget includes: VAT on imported goods, import and export taxes, domestic taxes... reached more than VND5,500 billion and is a member company of the Group. Hoa Phat group contributed the most. Hoa Phat Hai Duong Steel is the member company with the second highest budget contribution in Hoa Phat Group with over VND1,300 billion.
Some other member companies of the Group have large contributions to the state budget such as: Hoa Phat Steel Pipe, Hoa Phat Hung Yen Steel, Hoa Phat Electrical Appliances, Hoa Phat Construction and Urban Development, Hoa Phat Steel Sheet, An Thong Minerals….
With great contributions to the State budget, Hoa Phat Group and many member companies have been commended and awarded Certificates of Merit and Certificates of Merit by the General Department of Taxation and local Tax Departments.
Previously, on October 20, 2023, Hoa Phat Hai Duong Steel was the only representative of the province honored by the General Department of Taxation as a typical tax payer for the period 2020-2022. In the list of 1,000 largest corporate income tax (CIT) paying enterprises in 2022 - V.1000, Hoa Phat contributes 8 member units to this list.
Established in 1992, Hoa Phat Group operates in 5 fields: Iron and steel - Steel products - Agriculture - Real estate - Household appliances. The Group is operating and contributing to the state budget in 25 provinces and cities across the country.
Since 2007, when it started listing on the stock market, until December 31, 2023, Hoa Phat has paid over VND 74,000 billion to the state budget.
N.Nga
Source: VITIC/Tinnhanhchungkhoan
 

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