Bau Duc's son revealed; Bamboo Airways chairman and general director resign

(Dan Tri) - The son of Mr. Duc appeared for the first time, the Chairman and General Director of Bamboo Airways both resigned, and EVN proposed to include the loss of more than 44,700 billion VND in the cost of calculating electricity prices, these are the highlights of the past week.

Prime Minister asks EVN to ensure enough electricity for double-digit growth

At the 4th Congress of the Party Committee of Vietnam Electricity Group for the 2025-2030 term on the morning of August 10, Prime Minister Pham Minh Chinh highly appreciated the achievements of the Party Committee of the Group and the entire Group during the past term.

In the coming time, the Prime Minister requested the electricity industry in general and EVN in particular to focus on meeting the electricity demand for the country's development, with double-digit growth. Specifically, to meet enough electricity for production, business, consumption, and daily life of people and businesses.

A series of "big guys" find ways to pay off debt

Novaland shareholders (stock code: NVL) have just approved the issuance of more than 168 million individual shares to convert a debt of more than VND2,645 billion. The three creditors on the conversion list include NovaGroup (VND2,527 billion), Diamond Properties (VND111.7 billion) and Ms. Hoang Thu Chau (VND6.6 billion).

According to Novaland, these three creditors have pledged their shares for secured loans so that the company can fulfill its payment obligations during difficult times to maintain continuous operations.

Also exchanging debt for shares, Hoang Anh Gia Lai Joint Stock Company (stock code: HAG) consulted shareholders about exchanging debt by issuing 210 million shares at a price of VND12,000/unit.

The list of creditors to be converted includes one organization and five individuals. Of these, the only organization is Huong Viet Investment Consulting Joint Stock Company with the converted debt value of nearly VND721 billion.

Many creditors become company shareholders when debt is converted into shares (Illustration: Manh Quan).

Son Tung MTP's company was forced to pay more than 118 million VND in taxes.

The Tax Department - Ministry of Finance has issued a decision to enforce tax against M-TP Entertainment Company Limited. Specifically, the Tax Department issued 4 enforcement decisions, with a total amount of more than 118.7 million VND. The enforcement measure is to withdraw money from the account and freeze the account of this enterprise.

The decisions are effective from June 26 to July 25. The enforcement period is November 30.

The company stated that this was not an actual tax debt. Regarding the above incident, the cause was a technical difference in the tax reconciliation system.

Jack's entertainment company receives tax enforcement decision

According to information from the Tax Department - Ministry of Finance, J97 Entertainment Company Limited of singer Trinh Tran Phuong Tuan (Jack) has just received a decision to enforce tax payment of nearly 893 million VND. Enforcement measures will include withdrawing money from the account, freezing the company's account and forcing the suspension of invoice use.

The decision takes effect from June 27 to July 26. Enforcement will be implemented on November 30.

The company representative said that the data table being spread on social media is old information and has not been updated to match reality. He affirmed that the company is still fully fulfilling its tax obligations according to the instructions of the Ho Chi Minh City Tax Department.

Bau Duc's son appears for the first time

Mr. Doan Hoang Nam - son of Mr. Doan Nguyen Duc (Bau Duc) - registered to buy 27 million HAG shares of Hoang Anh Gia Lai Joint Stock Company. The expected implementation time is from August 15 to September 13.

For the first time, Mr. Duc’s son appeared on the stock market. Previously, the market only saw transactions by Ms. Doan Hoang Anh, Mr. Duc’s daughter.

In this transaction, if successful, Mr. Hoang Nam will own 2.55% of Hoang Anh Gia Lai's capital.

The company owes 5,833 taels of SJC gold since the price was over 17 million VND/tael.

Borrowing 5,833 taels of SJC gold from the time when gold was priced at 17.7 million VND/tael, up to now, Saigon Seafood Trading Joint Stock Company is facing the continuous increase in gold price to more than 123 million VND/tael.

In January 2009, Saigon Seafood borrowed 5,833 taels of SJC gold from Phuong Nam Bank, with a unit price of 17.66 million VND/tael, equivalent to more than 103 billion VND. At the same time, this company also signed a cash loan contract with this bank, also worth 103 billion VND.

Bamboo Airways Chairman and CEO Resign Together

Bamboo Airways Joint Stock Company announced that the Board of Directors (BOD) of the company has approved the resignation of Mr. Pham Ngoc Vinh - Chairman of the Board of Directors and Mr. Luong Hoai Nam - General Director of the company from August 13. Both of them have withdrawn from their positions for personal reasons.

To ensure smooth and stable operations, the Board of Directors of Bamboo Airways also issued a resolution approving the election and appointment of replacement leaders.

Accordingly, Mr. Le Thai Sam takes the position of Chairman of the Board of Directors, replacing Mr. Pham Ngoc Vinh and Mr. Truong Phuong Thanh takes the position of General Director, replacing Mr. Luong Hoai Nam from August 13.

Real estate tycoon owes hundreds of billions, thousands of billions of dong in taxes

The Ho Chi Minh City Tax Department recently published a list of 105 enterprises owing taxes and other state budget revenues as of June with a total amount of more than VND4,700 billion.

Topping the list is Thuan Viet Construction - Trading Company Limited (Thuan Viet Company) with a debt of up to VND 3,239 billion, accounting for 69% of the total tax debt in the period.

In addition, many other real estate businesses also owe hundreds of billions such as Phu My Development Investment Joint Stock Company (debt of 170 billion VND), MSB Real Estate Company Limited (debt of 108 billion VND)...

EVN proposes to include the loss of more than 44,700 billion VND in the cost of calculating electricity prices

The Ministry of Industry and Trade has just submitted a draft document to the Government on the draft Decree amending and supplementing Decree 72/2025 on the mechanism and time for adjusting average retail electricity prices.

According to the Ministry of Industry and Trade, according to EVN's report, due to the impact of the geopolitical situation, the high cost of purchasing electricity in the period of 2022-2023 caused many difficulties for the enterprise, with an accumulated loss of about VND 50,029 billion. By the end of 2024, the accumulated loss of the parent company EVN will still be about VND 44,792 billion.

This reduces the State investment capital in EVN and does not preserve the State capital in the enterprise. Therefore, if it is not calculated to recover in the electricity price, it will not be able to compensate in time for the decrease in State investment capital in the previous period.

Source: https://dantri.com.vn/kinh-doanh/con-trai-bau-duc-lo-dien-chu-tich-tong-giam-doc-bamboo-airways-tu-nhiem-20250817091547234.htm