CẦN THƠ — The Investigation Agency in southern Cần Thơ City said it had decided to investigate six people who are directors, accountants and heads of local enterprises for allegedly involvement in illegal trading of value-added tax (VAT) invoices.

They are identified as Lương Ngọc Huyền and Nguyễn Thế Hùng, chief accountants of Cần Thơ Housing Development Joint Stock Company’s Sand Exploitation Establishment; Lê Chí Công, head of Sand Exploitation Establishment’s Construction Team No 1; Đinh Hồng Châu, accountant of the Construction and Tourism Joint Stock Company’s western branch; Võ Đăng Tuyết Sương, director of two one member limited companies of Vạn Thành Phát Trading and Service and Minh Phát Construction and Trading Service; and Trần Công Thành, director of HDV Joint Stock Company.

All of them are banned from leaving their residential areas, e-newspaper Vietnamplus reported. 

Last month, the police discovered Huyền, who was delivering 20 VAT invoices to Hùng at a coffee shop in Ninh Kiều District, with total sales of over VNĐ769 million (over US$34,100).

The police also seized 111 VAT invoices of the four companies, worth VNĐ5.3 billion ($235,500), upon searching Huyền’s house.

She admitted she bought these invoices from Sương, the director of two limited companies.

After searching Hùng’s workplace, the police seized 117 VAT bills, with sales of VNĐ2.1 billion ($93,300) from five businesses.

At the police station, Sương confessed she had set up two companies without any business activities to mainly purchase and sell VAT invoice. Sương also claimed to have sold 589 invoices, worth VNĐ25.7 billion ($1.1 million), to 51 enterprises.

The police are investigating the cases further. — VNS