
Viet Nam Medicinal Materials Joint Stock Company named for tax violation in bidding
Viet Nam Medicinal Materials Joint Stock Company was listed as an untrustworthy bidder for failing to provide documents proving its payment of corporate income tax in 2024, as required by the bidding documents. The company, known for its pharmaceutical production and large-scale herbal farming projects, had previously gained GMP-WHO certification for its facilities. However, on July 11, 2025, the Director of Huu Nghi Hospital issued a decision to penalize the company for the violation.
Viet Nam Medicinal Materials Joint Stock Company was listed as an untrustworthy bidder for failing to provide documents proving its payment of corporate income tax in 2024, as required by the bidding documents. The company, known for its pharmaceutical production and large-scale herbal farming projects, had previously gained GMP-WHO certification for its facilities. However, on July 11, 2025, the Director of Huu Nghi Hospital issued a decision to penalize the company for the violation.
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