Vingroup, owned by Vietnamese billionaire Pham Nhat Vuong, has “terrible” debt and has been handled for tax violations of tens of billions of dong
At the end of June 2022, Vingroup’s group owned by Vietnamese billionaire Pham Nhat Vuong had a debt of VND376.6 trillion ($16.89 billion), 2.85 times higher than its equity. According to Vingroup’s consolidated financial statements for the second quarter of…