Vietnam Report JSC has made public a list of top 1,000 corporate tax contributors this year (V1000), which paid a total amount of about 77 trillion VND (3.6 billion USD) to the state coffer.

The top ten include the PetroVietnam Exploration and Production Corporation PVEP), Vietnam Military Telecommunications Group (Viettel), Vietnam Mobile Information Company (VMS), PetroVietnam Gas Corporation (PV Gas), Vietnam National Oil and Gas Group (PetroVietnam), Vietnam Joint Stock Commercial Bank for Industry and Trade (Vietinbank), Vietnam Bank for Agriculture and Rural Development (Agribank), Vietnam Dairy Products JSC (Vinamilk), Vietnam Joint Stock Commercial Bank for Foreign Trade (Vietcombank) and Vietnam Joint Stock Commercial Bank for Investment and Development (BIDV).

There are 42 State-owned enterprises in the top 100 in the list, contributed over 64.5 percent of the total tax amount paid by the 100 leading companies.

Meanwhile, the top 100 companies accounted for 64.3 percent of the total tax payment of the top 1,000, two percent lower than last year’s figure.

This is the fourth consecutive year the V1000 ranking has been compiled. It aims to honour and encourage enterprises that make the biggest tax contribution to the State budget.-VNA