e commerce tax compliance required

E-commerce tax compliance required

Local authorities have announced intentions to reinforce tax declarations and payments, as numerous e-commerce platforms have been found to provide inadequate tax information.
chip based id cards proven effective in e contract authentication agency

Chip-based ID cards proven effective in e-contract authentication: agency

The chip-based ID cards have facilitated the implementation of the Vietnam Electronic Contract Development Axis (www.CeCA.gov.vn) by the Ministry of Industry and Trade, said the Vietnam E-Commerce and Digital Economy Agency.
lazy bee beauty brand expands its presence nationwide

Lazy Bee beauty brand expands its presence nationwide

After more than three months since its launch, and having approached users through the BAEMIN app, the Lazy Bee beauty brand has been introduced on different e-commerce platforms and can also be found at Vietnam’s Guardian stores nationwide.
social media platforms take over e commerce in cambodia

Social media platforms take over e-commerce in Cambodia

Social media is rapidly taking over the e-commerce sector in Cambodia with almost all local businesses promoting their services using social media platforms, a latest market report has revealed.
e commerce boosted to fuel sale of vietnamese goods

E-commerce boosted to fuel sale of Vietnamese goods

The internet economy of Vietnam posted the fastest growth in Southeast Asia, from 18 billion USD in 2021 to 23 billion USD in 2022, according to a recent report on regional economies.
e commerce groups engage in effective green strategies

E-commerce groups engage in effective green strategies

Although Vietnam’s e-commerce has recorded remarkable growth in recent years, related businesses are scrambling to improve sustainability due to a lack of suitable regulations.
tiktok shop dethrones lazada in vietnams e commerce sector

TikTok Shop dethrones Lazada in Vietnam's e-commerce sector

Having launched just last year, TikTok Shop has rapidly ascended the ranks in Vietnam's e-commerce sector, dethroning Lazada from its position as the second-largest platform by revenue, according to the latest data from market analyst firm, Metric.
digital transformation takes over logistics of the future

Digital transformation takes over logistics of the future

Changes in e-commerce have prompted the logistics industry to improve the way it provides services in a more professional and efficient manner via digital transformation.
foreign tech giants contribute 166 million in taxes in h1

Foreign tech giants contribute $166 million in taxes in H1

The General Department of Taxation (GDT) in Vietnam has reported that prominent foreign tech companies, including Google, Apple, Facebook, Netflix, TikTok, made substantial tax contributions, amounting to around $166 million during the first half of 2023. This development comes as the tax authority intensifies efforts to streamline tax collection in the rapidly expanding e-commerce sector.
vietnam to launch unified e commerce platform across 63 cities and provinces

Vietnam to launch unified e-commerce platform across 63 cities and provinces

The Department of E-Commerce and Digital Economy, under Vietnam's Ministry of Industry and Trade (MoIT), is leading an initiative to create a unified e-commerce platform spanning all 63 cities and provinces.
flexible sales methods push e commerce sellers ahead

Flexible sales methods push e-commerce sellers ahead

With the shopping experience combined with entertainment becoming more likely to affect consumer decisions, the attractiveness of e-commerce platforms may depend on how much they innovate.
tiki battles to keep up with financially muscular rivals

Tiki battles to keep up with financially muscular rivals

Amid the resignation of Tiki’s co-founder, Vietnam’s e-commerce landscape faces a challenging period underscored by intense competition, performance challenges, and the pressing need for a strategic overhaul.
tiki ceo tran ngoc thai son steps down casting shadows over ipo plan

Tiki CEO Tran Ngoc Thai Son steps down, casting shadows over IPO plan

According to a report by DealstreetAsia, Tran Ngoc Thai Son, CEO and co-founder of Tiki, has tendered his resignation to the company's Board of Directors.
new e commerce trend popular in thailand

New e-commerce trend popular in Thailand

Shoppertainment, where content and commerce converge on a platform, has become the next era of online commerce, expected to be worth 1 trillion USD across Asia-Pacific by 2025, said Sirinit Virayasiri, head of business marketing for Thailand TikTok.
rosy prospects for online exports

Rosy prospects for online exports

Increasing numbers of local firms have been joining global e-commerce platforms after overcoming the initial barriers, leading to expectations that the country’s online exports could soon break the $10 billion revenue mark.