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Điền Quân Group Companies Owe Over 78 Billion VND in Taxes
🇻🇳 Vietnam /Economy & Trade

Điền Quân Group Companies Owe Over 78 Billion VND in Taxes

From Tuổi Trẻ · (3h ago) Vietnamese Critical tone

Translated from Vietnamese, summarized and contextualized by DistantNews.

TLDR

  • Three companies under the Điền Quân group, owned by businessman Đỗ Văn Bửu Điền (known as 'Color man'), collectively owe over 78.45 billion VND in taxes.
  • The tax debt has increased by more than 3 billion VND compared to the previous year, with the companies located at the same address in Ho Chi Minh City.
  • Điền Quân Group, a major entertainment content producer behind popular shows, has been on the tax delinquency list since 2023 and has ceased production.

The recent revelation that the Điền Quân group of companies, spearheaded by the well-known figure Đỗ Văn Bửu Điền, also known as 'Color man,' owes a staggering 78.45 billion VND in taxes is a significant blow to Vietnam's entertainment industry. This debt, which has grown from the previous year, casts a shadow over a company once celebrated for producing hit television programs like "Thách thức danh hài" and "Giọng ải giọng ai."

Nợ thuế nhóm công ty Điền Quân của "Color man" ngày càng tăng

The article states that the tax debt of the Điền Quân group of companies, associated with 'Color man,' is continuously increasing.

Điền Quân Group, established in 2006, was a powerhouse in southern Vietnam's entertainment scene. Its founder, Đỗ Văn Bửu Điền, a former HTV editor, built a reputation for creating engaging content. However, the company's financial troubles, including its presence on tax delinquency lists since 2023, have led to a halt in production, leaving many wondering about the future of these beloved shows and the individuals involved.

This situation is particularly concerning given the scale of the debt and the fact that it involves multiple companies within the same business ecosystem. While the article mentions other businesses with significant tax debts, the prominence of 'Color man' and his associated companies makes this case stand out. The article also notes that Đỗ Văn Bửu Điền has registered new companies recently, adding another layer of complexity to the unfolding situation.

So với năm ngoái, số nợ của nhóm công ty này đã tăng hơn 3 tỉ đồng.

The article notes that the debt of this group of companies has increased by more than 3 billion VND compared to the previous year.

From a Vietnamese perspective, this news is disappointing. It highlights potential issues with corporate governance and tax compliance within a sector that has brought joy and entertainment to millions. The hope is that these issues will be resolved transparently and that the Vietnamese tax authorities will ensure accountability, allowing the industry to move forward on a more stable footing.

Như vậy tổng cộng ba công ty trong hệ sinh thái Điền Quân của doanh nhân Đỗ Văn Bửu Điền (Color man) nợ thuế đến 78,45 tỉ đồng.

The article reports that three companies within the Điền Quân ecosystem of businessman Đỗ Văn Bửu Điền (Color man) owe a total of 78.45 billion VND in taxes.
DistantNews Editorial

Originally published by Tuổi Trẻ in Vietnamese. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.

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