Cam Ranh Yacht and Resort Joint Stock Company faced severe tax debt crisis

Cam Ranh Yacht and Resort Joint Stock Company, the investor of the Cam Ranh City Gate Urban Area and part of an entrepreneur known as "Duc Ca Tam"'s business ecosystem, has been grappling with a severe financial crisis due to prolonged tax debts. The Regional Tax Department XIII (Khanh Hoa Provincial Tax Department) publicly listed tax-owing enterprises, revealing that Cam Ranh Yacht and Resort Joint Stock Company topped the list with a tax debt exceeding VND 222.4 billion as of April 30, 2025. Previously, the company was also named for significant tax arrears in June 2023 (nearly VND 200 billion) and June 2024 (over VND 209 billion).

Cam Ranh Yacht and Resort Joint Stock Company, the investor of the Cam Ranh City Gate Urban Area and part of an entrepreneur known as "Duc Ca Tam"'s business ecosystem, has been grappling with a severe financial crisis due to prolonged tax debts. The Regional Tax Department XIII (Khanh Hoa Provincial Tax Department) publicly listed tax-owing enterprises, revealing that Cam Ranh Yacht and Resort Joint Stock Company topped the list with a tax debt exceeding VND 222.4 billion as of April 30, 2025. Previously, the company was also named for significant tax arrears in June 2023 (nearly VND 200 billion) and June 2024 (over VND 209 billion).

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