Fine Ninh Binh Phosphate Fertilizer for using illegal invoices

Lục Giang |

On December 19, the Ninh Binh Provincial Tax Department issued a decision to impose a fine on Ninh Binh Phosphate Fertilizer Joint Stock Company (NIFERCO, HNX: NFC).

Accordingly, NIFERCO was fined more than 7 million VND for using illegal invoices to declare taxes, reducing the amount of corporate income tax payable in 2022. Regarding the remedy, Ninh Binh Phosphate Fertilizer was forced to pay the full amount of outstanding tax of more than 4.7 million VND.

Thus, the total amount of fines and arrears for NIFERCO's violations is more than 11.7 million VND. The company must pay this amount within 10 days of receiving the penalty decision. If it fails to comply, the company will be forced to execute the administrative decision according to the provisions of law.

NIFERCO was established in 1977, is one of the largest phosphate fertilizer producers in Vietnam and is a member of Vietnam Chemical Group (Vinachem), Vinachem holds over 50% of charter capital at NIFERCO.

Lục Giang
RELATED NEWS

Nghe An fines businesses for violating labor safety

|

Nghe An - For violating labor safety, a business producing superfine white stone powder and porcelain enamel coating was fined 87 million VND.

Ninh Binh Phosphate Fertilizer Joint Stock Company worker died while repairing machine

|

Ninh Binh - A serious work accident just occurred at Ninh Binh Phosphate Fertilizer Joint Stock Company, causing the death of one worker.

Ms. Bui Thi Minh Hoai: Promoting the core role of the Vietnam Fatherland Front in building the great national unity bloc

|

Ms. Bui Thi Minh Hoai emphasized the need to fully promote the central and core role of the Vietnam Fatherland Front in building the great national unity bloc.

Excited atmosphere throughout Hanoi streets, welcoming the 14th Party Congress

|

Hanoi - Flags and flowers, slogans are decorated synchronously, creating a solemn appearance, expressing the people's beliefs and expectations before the 14th Party Congress.

Live U23 Thailand vs U23 China at the 2026 AFC U23 Championship

|

Live football match between U23 Thailand vs U23 China in Group D of the 2026 AFC U23 Championship at 6:30 PM today (January 14).

14th Congress replaces 1.6 million pages of paper documents with tablets

|

The 14th Party Congress had about 1.6 million pages of paper documents replaced by documents on tablets, saving a lot of resources.

The era of Vietnam's rise from an international perspective

|

International media noted that Vietnam is entering an era of reaching out with a vision and structural reforms, creating the foundation for sustainable growth.

Waking up from 3 am to hunt for a brilliant sunrise at the flower wharf at the foot of Long Bien bridge, Hanoi

|

Hanoi - Phuc Xa Flower Wharf at the foot of Long Bien Bridge is a destination chosen by many people to take photos and welcome the capital's sunrise.

Nghe An fines businesses for violating labor safety

QUANG ĐẠI |

Nghe An - For violating labor safety, a business producing superfine white stone powder and porcelain enamel coating was fined 87 million VND.

Dự án điện gió chưa có giấy phép môi trường sẽ bị xử phạt

HƯNG THƠ |

Quảng Trị - Tỉnh Quảng Trị đã nhiều lần yêu cầu các dự án điện gió lập hồ sơ đề nghị cấp giấy phép môi trường, nhưng một số dự án chưa thực hiện.

Ninh Binh Phosphate Fertilizer Joint Stock Company worker died while repairing machine

NGUYỄN TRƯỜNG |

Ninh Binh - A serious work accident just occurred at Ninh Binh Phosphate Fertilizer Joint Stock Company, causing the death of one worker.