Vietnam Electric Cable Corporation received the decision of tax inspection by the Taxation Department of Ho Chi Minh City dated September 17, 2019 regarding the tax penalty as follows:

-       Penalty for false declaration: VND176,857,083

-       Value added tax arrears: VND17,051,620

-       Corporate income tax arrears: VND867,233,796

-       Late payment: VND45,250,744.