The legal framework to fight against transfer pricing is ‘not powerful enough’, while the defining of tax arrears that enterprises have to pay is still based on negotiations with taxpayers, experts say.

VietNamNet Bridge - Experts estimate that foreign invested enterprises’ (FIEs) transfer pricing causes a loss of revenue of $170 billion a year to Vietnam and developing countries.

VietNamNet Bridge - Transfer pricing has been a serious problem in Vietnam, more so than in other economies. 

VietNamNet Bridge - If Keangnam goes bankrupt, Keangnam residents would lose a total of VND160 billion, which is the fee they pay when buying apartments.

VietNamNet Bridge - With a price of $800 million, Keangnam Landmark 72, a 72-storey building in Hanoi has not attracted either local or foreign investors, analysts say.

 Firms fume at new duty-free check; Sudden rush to buy super-fat pigs by Chinese traders; Credit institutions to shoulder burden of debt restructuring; Listed companies post big losses

 VietNamNet Bridge – An old production line which had the actual value of $400,000, was declared as valued at $16 million.