Thien Minh Duc Group Joint Stock Company completed the settlement of debt to the Petroleum Stabilization Fund of over 466.8 billion VND.
(Baonghean.vn) - This is information from two banks, Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank) and Joint Stock Commercial Bank for Investment and Development of Vietnam (BIDV), where Thien Minh Duc Group Joint Stock Company opened a price stabilization fund account.
According to the conclusion of the Government Inspectorate, in recent times,Thien Minh Duc Group Joint Stock CompanyMisuse of the price stabilization fund, not transferring it to the fund account but leaving it in the enterprise's payment account, with an amount of more than 466.8 billion VND.
The Ministry of Finance then requested the Ministry of Industry and Trade to coordinate with the State Bank and commercial banks where traders open price stabilization fund accounts to withdraw funds to the budget.

On February 7, 2024, Vietcombank issued a certificate confirming that Thien Minh Duc Group Joint Stock Company had a deposit account at the bank with a balance of more than 176.7 billion VND. On the BIDV side, it confirmed that Thien Minh Duc Group Joint Stock Company had a balance of more than 290 billion VND.
According to a representative of BIDV Bank, the total amount that Thien Minh Duc Group Joint Stock Company had to pay into the price stabilization fund was more than VND 466.88 billion. By February 8, 2024, the company had resolved and paid the entire amount into the price stabilization fund account.
In recent years, Thien Minh Duc Group Joint Stock Company has been one of the highest tax paying enterprises in Nghe An province; in 2021, it paid 1,820 billion VND.