A renowned business has just been fined and taxed over 8 billion

Vinh Hoan Joint Stock Company (ticker: VHC) has recently received a decision from the Tax Department regarding an administrative fine for tax violations. Accordingly, Vinh Hoan must pay over 8.19 billion VND in total for tax collection and fines due to tax violations in the years 2022-2024. In the first 6 months of 2025, the company recorded a total revenue of over 5,840 billion VND, a decrease of 4% compared to the same period last year, but net profit reached 750.7 billion VND, an increase of 42%. Vinh Hoan plans its revenue target for 2025 at 10,900 – 12,350 billion VND and after-tax profit of around 1,000 – 1,300 billion VND, completing 75% of its basic profit target. VHC’s stock price on the exchange is 58,300 VND/share, down 17% since the beginning of the year.

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