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Giấy phép số 4978/GP-TTĐT do Sở Thông tin và Truyền thông Hà Nội cấp ngày 14 tháng 10 năm 2019 / Giấy phép SĐ, BS GP ICP số 2107/GP-TTĐT do Sở TTTT Hà Nội cấp ngày 13/7/2022.
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The Vietnamese pig farming industry is supported by a large, steady demand base, but it remains highly volatile due to price cycles and disease risks. As smallholder farming shrinks and large enterprises play a bigger role, companies with stronger control over the value chain are better positioned to manage costs…
Mr. Vu Minh Chau, owner of Bao Tin Minh Chau Jewelry Co., Ltd., has admitted that he agreed to and directed his son to use a personal account to receive the company’s sales revenue. He also acknowledged directing the operation of two software systems in parallel to manage actual business activities and support tax reporting.
Hanoi Police Department’s Investigative Police Unit has charged Chau, his son Vu Minh Tu, and two accounting staff with violating accounting regulations causing serious consequences.
At the police station, Chau said: “I realize this was irresponsible toward the enterprise, toward the work, and I made mistakes that should not have happened; this is also a lesson for us and for anyone who has done wrong.”
According to investigators, Bao Tin Minh Chau Co., Ltd. operates in gold production and jewelry trading, with Chau serving as General Director and legal representative. Since October 28, 2024, the legal representative has been changed from Chau to Pham Lan Anh.
Investigators said that from late 2024 to the present, to avoid scrutiny, Chau continued to order the deletion of data on the Hivi Gold and Hivi Gold Pro systems. The company then switched to using Excel along with Fox AI software to manage purchasing and sales.
Investigators stated that data were filtered, checked, and consolidated before being entered into MISA for tax declarations.
Based on data extracted from the Hivi system for 2020–2023, investigators said the company’s actual revenue was about 13.7 trillion dong, approximately 9.7 trillion dong lower than the figure reported for tax purposes. Investigators also said this discrepancy caused a loss to the state budget of about 150 billion dong.
During searches of Chau’s residence, workplace, and related locations, authorities seized 23.3 billion dong in cash, seven “red books,” and numerous documents and items, along with large quantities of gold and silver.
The Hanoi Police Investigative Agency said it is continuing to expand the investigation and determine the violations of those involved for strict prosecution under the law.
Premium gym chains are entering a “golden era” that is ending or already in decline, as rising operating costs collide with shifting consumer preferences toward more flexible, community-based ways to exercise. Long-term memberships are shrinking, margins are pressured by higher rents and facility expenses, and competition from smaller, more personalized…
