Recently, Da Nang voters reported that GFDI Company mobilized capital, then lost the ability to pay 7,541 customers with a total outstanding principal of more than 3,700 billion VND, thereby showing the problem of laxity in state management of finance and investment.

Responding to the above comments, the Da Nang Department of Finance said that the unit does not directly monitor and manage this enterprise, so it has consulted with relevant agencies (Department of Planning and Investment, Tax Department, State Bank of Vietnam, Da Nang branch, Police).

According to the Da Nang Department of Finance, GFDI Investment Consulting Company Limited (GFDI Company) was first granted a business registration certificate in 2018, registered for the 7th change in 2023, with a charter capital of 80 billion VND.

At the time of initial registration, the enterprise only registered to operate in the investment consulting industry, and now the total number of industries is 60.

According to regulations on business registration, a business registration certificate is not a business license…

The regulation also stipulates that state management of conditional investment and business sectors and occupations, conditional market access sectors and occupations for foreign investors, and inspection of compliance with business conditions by enterprises are under the authority of specialized agencies.

Regarding the inspection and examination of business activities, through the review from 2018 until before GFDI Company encountered legal problems, this enterprise was not included in the above inspection and supervision rounds.

At the same time, the business registration agency has not received any petitions or complaints from organizations or individuals related to the company's operations, so the authorities have not yet organized any inspections or audits.

To date, the business registration authority has issued a notice requiring businesses to report on their compliance with the Enterprise Law. If the company fails to submit a report, its business registration certificate will be revoked.

Regarding the implementation of tax obligations, the tax authority has not yet conducted tax finalization inspections at taxpayers' headquarters since moving operations to Cam Le district (Da Nang). The selection of taxpayers to plan tax file inspections at the tax authority's headquarters or inspections at taxpayers' headquarters is carried out in accordance with the correct procedures.

Regarding tax policy compliance, the company declares value added tax quarterly and submits it to the tax authorities as prescribed (from the first quarter of 2022 to the third quarter of 2024).

The company also prepares corporate income tax and personal income tax finalization reports for 2022 and 2023 and submits them to the tax authorities. The company also has no tax debts and has not been subject to administrative penalties for tax violations.

The tax authority has managed and inspected the company's operations in accordance with its functions and duties.

However, tax authorities also need information and coordination from citizens regarding entities that use the names of organizations and businesses to mobilize capital similar to GFDI Company in order to promptly monitor and take preventive measures to avoid causing property damage to citizens.

Currently, the City People's Committee has directed the police force to verify and investigate the incident at GFDI Company and handle it according to regulations.