Mammoth antiflood project consultant faces axe The Saigon Times Daily A view of a construction site of the VND10-trillion flood control project in HCMC. Meinhardt Vietnam Construction Consultancy Co., Ltd, the consultant of the project, faces the axe now for tax arrears – PHOTO: LE ANH HCMC – The HCMC Tax Department has proposed the municipal Department of Planning and Investment revoke the business registration certificate of Meinhardt Vietnam Construction Consultancy Co., Ltd, the consultant of the flood control project worth VND10 trillion (US$429.1 million) in the city, for failing to pay its tax arrears. The company owed tax sums and fines on late tax payment totaling VND22.7 billion as of last month, reported Thanh Nien newspaper. The tax agency has repeatedly urged Meinhardt Vietnam to fulfill its tax obligations, but their efforts were in vain. Based on prevailing regulations, the HCMC Department of Planning and Investment has to revoke Meinhardt Vietnam’s business registration certificate or state its reasons for not doing so within 10 days of receiving the tax agency’s proposal. Meinhardt Vietnam is allegedly behind the suspension of the VND10-trillion antiflood project, as the consultant disapproved of the contractor’s change of materials used in the project. The city is considering whether the firm should continue to act as a consultant for the project as it fails to make a full tax payment.