Million-dollar transfer puts Metro Vietnam under tax scrutiny

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Báo Thanh Niên English 2 week(s) ago

Million-dollar transfer puts Metro Vietnam under tax scrutiny

Vietnam plans to audit German retail giant Metro after the latter announced the sale of its hypermarkets here to Thailand’s Berli Jucker (BJC) for US$876 million.

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Metro Vietnam’s losses under the microscope

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VietnamNet English 3 week(s) ago

Metro Vietnam’s losses under the microscope

VietNamNet Bridge – The national taxation agency plans to conduct inspections of foreign-invested firms that have declared continuous losses, including Metro Vietnam.

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Thai billionaire plans to expand business after buying Metro Cash&Carry VN

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VietnamNet English 1 month(s) ago

Thai billionaire plans to expand business after buying Metro Cash&Carry VN

VietNamNet Bridge - Berli Jucker Plc (BJC), the Thai firm that acquired Metro Cash & Carry Vietnam, plans to invest an additional one billion baht ($31.2 million) from now to 2018 to expand its retail network in Vietnam.

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Thailand retailer eyes bigger plans in Vietnam

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Báo Đầu Tư English 1 month(s) ago 1 related news

Thailand retailer eyes bigger plans in Vietnam

Thailand-based Berli Jucker Plc (BJC) has announced an ambitious plan to expand in Vietnam through 2018 after spending 655 million euros (US$860.56 million) to acquire the Vietnamese unit of Germany-based retailing chain Metro Cash & Carry last month.

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Taxman mulls tax on Metro transfer

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VietnamNet English 2 month(s) ago

Metro Cash & Carry Vietnam has been required to report its transaction with Thailand’s Berli Jucker Public Company Limited (BJC) to the HCMC Tax Department, a move which is aimed at taxing the asset transfer.

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Metro Cash & Carry’s business performance questioned

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VietnamNet English 2 month(s) ago

Metro Cash & Carry’s business performance questioned

VietNamNet Bridge – Though revenue has increased by 24 times over the last 12 years and its network expanded to many areas, Metro Cash & Carry (MCC) has not paid any corporate income tax since the day it entered Vietnam in 2002.

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Metro Cash & Carry in VN faces lawsuit from printing company

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VietnamNet English 2 month(s) ago

VietNamNet Bridge - Given that it suffered damages of over VND8 billion ($400,000) by Metro Cash&Carry’s unilateral termination of its contract, Nhat Thong, a printing company, has filed a lawsuit against the German group in a District 2 court in HCM City.

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Thai billionaire seeks controlling interest in Vinamilk

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

(VOV) -Fraser & Neave Dairy Investments Pte Ltd, owned by Thai billionaire Charoen Sirivadhanabhakdi, has tendered an offer to acquire an additional 15 million shares of Vietnam Dairy Products Joint Stock Company (Vinamilk).

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Opening markets disadvantage Vietnamese firms

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Báo Dân Trí English 2 month(s) ago

Opening markets disadvantage Vietnamese firms

Several experts have expressed worries that Vietnamese goods may lose their standing in the domestic market after a Thai group bought Metro Vietnam for nearly USD900 million.

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Retailers fear new Thai owner of Metro will sell fewer Vietnamese products

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VietnamNet English 2 month(s) ago 2 related news

Retailers fear new Thai owner of Metro will sell fewer Vietnamese products

VietNamNet Bridge – Analysts have warned that once the Metro supermarket falls into the hands of Thai owners, Vietnamese products will be replaced by Thai products.

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Metro Vietnam sold for $879 million to Thai business giant

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VietnamNet English 2 month(s) ago 1 related news

Metro Vietnam sold for $879 million to Thai business giant

VietNamNet Bridge - Metro Group (Germany) has signed an agreement with Berli Jucker Corporation (BJC) of Thailand to transfer its wholesale business in Vietnam.

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Metro Viet Nam sold for nearly US$878 million

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VietNam News English 2 month(s) ago 1 related news

Metro Viet Nam sold for nearly US$878 million

German retailer Metro Group on August 8 announced an agreement with Thailand's Berli Jucker Co Ltd., to sell its entire wholesale operation in Viet Nam for 655 million euros (around US$877.7 million).

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Thai group buys Metro Vietnam for nearly USD900 million

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Báo Đầu Tư English 2 month(s) ago 1 related news

Thai group buys Metro Vietnam for nearly USD900 million

Metro AG agreed to sell 19 Vietnamese stores to a Thai group named Berli Jucker (BJC) for USD879 million as the German retailer prepares to withdraw from the country.

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Thailand’s Berli Jucker buys METRO Vietnam

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VietnamPlus English 2 month(s) ago

Thailand’s Berli Jucker buys METRO Vietnam

Thailand’s Beri Juker Public Co. Ltd. (BJC) has signed a deal to buy German’s Metro AG’s cash-and-carry unit in Vietnam for 655 million EUR.

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Thai group buys Metro Vietnam for nearly USD900 million

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Báo Dân Trí English 2 month(s) ago 1 related news

Thai group buys Metro Vietnam for nearly USD900 million

Metro AG agreed to sell 19 Vietnamese stores to a Thai group named Berli Jucker (BJC) for USD879 million as the German retailer prepares to withdraw from the country.

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