Over $85 million in tax collected in METRO deal

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VietnamNet English 6 month(s) ago 1 related news

Over $85 million in tax collected in METRO deal

More than 1.91 trillion VND (85.1 million USD) in tax was collected in METRO Group’s sale of METRO Cash & Carry Vietnam, Minister of Finance Dinh Tien Dung said on January 14.

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Major foreign investors come to Vietnam in early January

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VOV News English 6 month(s) ago

Major foreign investors come to Vietnam in early January

In early 2016 many big names have visited Vietnam to look for opportunities in business cooperation or to implement projects.

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Metro acquisition deal done

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SaiGon GP English 7 month(s) ago

Metro acquisition deal done

Thai TCC Group, the largest investor in Berli Jucker Public Company (BJC) on January 7 completed procedures to acquire Metro Cash & Carry Vietnam from Germany’s Metro Group.

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Thailand's TCC acquires Metro Vietnam for $704 million

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Báo Thanh Niên English 7 month(s) ago

Thailand's TCC acquires Metro Vietnam for $704 million

A Metro store in Ho Chi Minh City. Photo: Diep Duc Minh

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Metro Vietnam project officially taken over by Thai group

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VietnamNet English 7 month(s) ago 1 related news

Metro Vietnam project officially taken over by Thai group

VietNamNet Bridge - Metro Group (Germany) has announced the completion of the transfer of Metro Cash & Carry Vietnam to a Thai partner.

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Which is more valuable, Big C or Metro?

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VietnamNet English 7 month(s) ago 1 related news

Which is more valuable, Big C or Metro?

VietNamNet Bridge - Big C has always been listed among the biggest taxpayers since it began operation in Vietnam 17 years ago, while Metro repeatedly has reported losses. However, this does not mean Big C is more valuable than Metro.

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Thai Berli Jucker says has option to take Metro Vietnam off parent TCC's hands

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Báo Tuổi Trẻ English 11 month(s) ago 1 related news

Thai Berli Jucker says has option to take Metro Vietnam off parent TCC's hands

BANGKOK - Thai consumer products group Berli Jucker Pcl (BJC) said its majority shareholder, TCC Holding, has awarded it an option to take over cash-and-carry retailer Metro Vietnam, subject to approval from previously reluctant minority investors.

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Thai Berli Jucker says has option to take Metro Vietnam off parent TCC's hands

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Báo Thanh Niên English 11 month(s) ago 1 related news

Thai Berli Jucker says has option to take Metro Vietnam off parent TCC's hands

Thai consumer products group Berli Jucker Pcl (BJC) said its majority shareholder, TCC Holding, has awarded it an option to take over cash-and-carry retailer Metro Vietnam, subject to approval from previously reluctant minority investors.

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M&A market boom expected to continue

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VietnamPlus English 12 month(s) ago

The boom in Vietnam’s mergers and acquisitions (M&A) market is expected to continue in 2015 and onwards as the government pushes the equitisation of State-owned enterprise (SOE) and M&A becomes trendier among the private business society as a strategy for more sustainable growth, said Nguyen Anh Tuan, Editor-in-Chief of Vietnam Investment Review newspaper.

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Metro transfer deal not yet on table of HCMC investment authority

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VietnamNet English 14 month(s) ago

Metro transfer deal not yet on table of HCMC investment authority

Metro Cash and Carry Vietnam has not submitted a file to the HCMC Department of Planning and Investment for transferring its wholesale chain to Thailand’s Berli Jucker Public Company Limited (BJC).

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Supermarkets help boost farm produce exports

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VietnamPlus English 14 month(s) ago

The presence of many giant retailers in Vietnam is expected to create new distributing channels for domestic agricultural products, giving local farm produce more chances to enter foreign markets, according to the Nong nghiep Vietnam (Vietnam Agriculture) Newspaper.

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Transparency must be the supreme principle for FDI

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VietnamNet English 15 month(s) ago

Transparency must be the supreme principle for FDI

VietNamNet Bridge - Taxation bodies are expected to examine the behavior of foreign-invested enterprises suspected of conducting transfer pricing, without fuss. However, most of the works have never been made public.

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BUSINESS IN BRIEF 29/4

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VietnamNet English 16 month(s) ago 2 related news

FMCG consumption edges up

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Metro’s transfer pricing practices unmasked by GDT

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VietnamNet English 16 month(s) ago

Metro’s transfer pricing practices unmasked by GDT

VietNamNet Bridge - Metro Cash & Carry Vietnam, the German invested retailer, which repeatedly reported losses over the last 12 years in Vietnam, has engaged in transfer pricing to evade tax, according to the General Department of Taxation (GDT).

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Vietnam to inspect major firms after Metro tax case

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VOV News English 16 month(s) ago 2 related news

Vietnam to inspect major firms after Metro tax case

Many major companies operating in Vietnam will soon come under tax inspections on suspicions of transfer pricing, an official from the inspectorate of the General Department of Taxation said on April 22.

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