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Vicostone sets up subsidiary with VND 200 billion charter capital

Vicostone (HNX: VCS) has established Vicostone Chemical Co., Ltd., a wholly owned subsidiary based in Hanoi with charter capital of VND 200 billion. The subsidiary has 76 registered business lines, with basic chemical manufacturing as its main activity. Phạm Trí Dũng was appointed as the capital representative and chairman, and Hà Thu Hường as director. Separately, the Hanoi Tax Department fined Vicostone over VND 69 million for filing errors that inflated VAT refunds and understated its 2024 corporate income tax. In total, the company must pay about VND 260.9 million in recovered taxes, fines and late payment interest.

Summary written by Upside AI from the original article. Read the source for full details.

Original headline: Vicostone lập công ty con vốn điều lệ 200 tỷ đồng

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