vietnam fixed on clawing back e commerce taxes

Vietnam fixed on clawing back e-commerce taxes

E-commerce tax from businesses and sellers will continue to be collected in 2023 as part of ongoing efforts to ensure cross-border giants declare profits and pay their taxes.
further amendments could ease tax environment

Further amendments could ease tax environment

The Vietnamese government made welcome efforts in providing support to all enterprises in 2022 with effective tax policies including deferral and VAT reduction of 2 per cent, as well as positive and transparent changes of regulations such as the circular on tax administration, including in e-commerce.
cainiao pat logistics park welcomes vsico shipping as anchor tenant

Cainiao P.A.T. Logistics Park welcomes Vsico Shipping as anchor tenant

On February 15, Cainiao P.A.T. Logistics Park, operated by Cainiao Network – the logistics arm of Chinese e-commerce giant Alibaba Group – welcomed its newest anchor tenant, Vsico Shipping JSC.
digital economy to reach 50 billion by 2050

Digital economy to reach $50 billion by 2050

The scale of Vietnam's digital economy could hit $50 billion by 2050, of which, e-commerce will be the most important contributor.
vietnam the place to innovate with tech

Vietnam: the place to innovate with tech

After building Asian fashion e-commerce group Zalora and serving as COO of Global Fashion Group, Magnus Grimeland founded early-stage investment firm Antler. After four years, it now has over $500 million in assets under management to help build startups worldwide. He talked to VIR’s Hong Nhung about his vision in Vietnam.
vietnam collects 78 million in tax from foreign tech giants in 2022

Vietnam collects $78 million in tax from foreign tech giants in 2022

Vietnam collected VND1.8 trillion ($78.26 million) in tax from cross-border platforms, such as Google, Meta, Netflix, and TikTok in 2022, according to the General Department of Taxation.
vib launches lazcard and lazada cashback offer

VIB launches LazCard and Lazada cashback offer

Vietnam International Bank (VIB) has launched LazCard, which offers users 50 per cent cashback on Lazada.
cainiao welcomes oocl logistics as anchor tenant

Cainiao welcomes OOCL Logistics as anchor tenant

Cainiao Network, the logistics arm of Chinese e-commerce giant Alibaba Group, today announced new tenants for its newly operational Cainiao P.A.T Logistics Park in Long An province.
lalamove plans to boost presence in vietnam

Lalamove plans to boost presence in Vietnam

Lalamove, a leader in logistics solutions for e-commerce and businesses, has seen good performance over the past few years. Paul Loo, COO at Lalamove, discussed future plans to develop the business, with VIR’s Bich Thuy.
vietnams draft e transaction law and the highlights within

Vietnam’s draft e-transaction law and the highlights within

The current Vietnamese Law on E-transactions 2005 is based upon the model Law on E-Commerce, which is outdated, and its terms are difficult to apply in practice. Meanwhile, e-commerce transactions are increasingly developing due to changing user demands and habits since the COVID-19 pandemic.
discussions to facilitate alcohol sales on e commerce platforms

Discussions to facilitate alcohol sales on e-commerce platforms

With the ongoing development of e-commerce, stakeholders are urging for the completion of a relevant legal framework for the management of the alcoholic drinks business on e-commerce platforms.
honouring ma deals and consulting firms in 2021 2022

Honouring M&A deals and consulting firms in 2021-2022

With the theme "Igniting new opportunities", the M&A Forum 2022 honoured 10 outstanding M&A deals in 2021-2022 and 12 outsanding M&A advisory firms. The winning deals were in a range of business fields, including banking and finance, F&B, retail, manufacturing, heathcare, e-commerce, and real estate.
retailers across industries ramping up user friendly e commerce offerings

Retailers across industries ramping up user-friendly e-commerce offerings

As Vietnam is in its strongest-ever stage of increasing exports via cross-border e-commerce platforms, domestic and international stakeholders are betting on new products and services to meet growing demand.
aeon to accelerate opening of new retail models

AEON to accelerate opening of new retail models

Over the past 10 years, AEON Vietnam has developed a retail system with six shopping malls, general merchandise stores, supermarkets, a small supermarket chain, 25 speciality stores, and an e-commerce website. It has welcomed 160-180 million customers, laying the foundation for its future development strategy.
meta discusses latest report on southeast asian digital consumers

Meta discusses latest report on Southeast Asian digital consumers

On October 14, Meta and Bain & Company published important findings on the digital economy and the future of e-commerce in the region through the annual SYNC Southeast Asia study. The research examined over 16,000 digital consumers and covered interviews with 20 customer experience managers in six Southeast Asian countries. Meta's country director for Vietnam Khoi Le talked to VIR’s Linh Le about the report’s focus and the implications for Vietnam.