2 Vietnamese Companies Forced to Suspend Trading Due to Late Tax Payments
Hong Viet Production Trading Service Joint Stock Co. and Montrose Consulting Co., both based in Ho Chi Minh City, Vietnam, saw their import and exporting rights suspended by the HCM City Customs Department following the late payment of taxes, state-run…
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publication CustomsNews said Aug. 25. The local tax department is requesting around $170,000 from Hong Viet Production and $11,000 from Montrose Consulting, leading to the suspension of customs clearance procedures for the companies. “Many companies paid taxes after the local department enforced sanctions,” CustomsNews said.