Real estate firms with social insurance debts named

Jul 27th at 18:10
27-07-2018 18:10:00+07:00

Real estate firms with social insurance debts named

Many real estate companies in HCM City have failed to pay social insurance premiums for their employees in the first half of this year, according to HCM City Social Insurance.

The companies were included on a list of 834 enterprises that have failed to pay social insurance premiums for their employees by June 30, 2018 that the agency recently published.

There were a number of reasons for the prolonged debts of those enterprises, including difficulties in production and business, meaning the companies were unable to afford the premiums.

They included Hoang Quan Group with a social insurance debt of VND6.6 billion; Khang Thong Group with VND4.4 billion; and No8 Investment and Construction Joint Stock Company with VND6.7 billion.

Other real estate firms with social insurance debts were Cotec Investment and Land House Development JSC; Thai Son Viet Nam Building and Trade JSC; Tan Vu Minh Co, Ltd; Phu Khang Gia JSC; Phu Hung Construction and Trading Investment Co, Ltd; Thang Long Real Estate Trading Floor JSC; Nha Vui Architecture and Construction JSC; and Saigon Real Estate Development JSC, reported the Phap luat Thanh pho HCM (HCM City Law) newspaper online.

Recently, Viet Nam Social Insurance has focused on directing social insurance in provinces and cities to strengthen specialised inspections on enterprises with large outstanding social insurance and health insurance debts.

Then, it would transfer any cases in which an enterprise has deliberately delayed paying the debt to the investigating police agency.

bizhub



NEWS SAME CATEGORY

KPMG hosts seminars to discuss State Bank of Vietnam's Circular 13

Leading consulting firm KPMG recently organised talks in Hanoi and Ho Chi Minh City on the recent Circular No.13/2018/TT-NHNN, issued by the State Bank of Vietnam.

Tax authorities face losing over $2 million in taxes from Uber

Collecting taxes from some foreign firms continues to be challenging for the Vietnamese tax authorities, with Ho Chi Minh City Tax Department recently admitting its...

VIB launches new-model branch in Binh Duong

Vietnam International Bank (UpCom: VIB) on Wednesday launched a new-model branch in Binh Duong Province’s Thu Dau Mot City, demonstrating its commitment to meet the...

VND to remain steady until year’s end

Despite recent fluctuations of the VND against the USD in response to monetary policy movements in the US and China, the dong is expected to hold itself up well...

Money gained from trans-national gambling ring to be seized from Vietcombank

An investigation into a multi-trillion dong gambling ring organised in Vietnam has entered the second phase, with illegal money due to be seized from Vietcombank...

Techcombank posts record profit in H1

The Viet Nam Technological and Commercial Joint Stock Bank (Techcombank) posted a record unaudited before-tax profit of VND5.19 trillion (US$223.5 million) in the...

Total assets of credit institutions reaches nearly $448 billion

The total assets held by Viet Nam’s credit institutions reached more than VND10.3 quadrillion (US$447.8 billion) by the end of May, an increase of 3.27 per cent...

SBV continues to raise dollar sale price

The State Bank of Viet Nam’s Operation Centre on Tuesday increased the sale price of the US dollar for commercial banks by VND11 to VND23,284.

BIDV Metlife targets 50 per cent growth this year

BIDV Metlife is targeting premium growth of 50 per cent to reach VND90 billion (US$3.87 million) this year.

Sacombank recovers more than $154.5 million worth of bad debts

Sacombank recovered more than VND3.6 trillion (over US$154.5 million) worth of bad debt in the first half of the year, bringing its non-performing loan ratio to 3.3...

Bank stocks

Insurance stocks


MOST READ


Back To Top