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.
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.
Next era of e-commerce: Digital transformation with sustainable development

Next era of e-commerce: Digital transformation with sustainable development

E-commerce in Vietnam has entered a new era, focusing on sustainable development and digital transformation to become a driver of the economy.
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.
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.
Tie-ups lift top e-commerce players

Tie-ups lift top e-commerce players

Possessing an average growth rate of 20 per cent per year, the e-commerce retail market is now not only a private land of e-commerce platforms but also a common game of tech solutions providers such as fintech.
Buy Now Pay Later - The future of retail payment?

Buy Now Pay Later - The future of retail payment?

Foreign and Vietnamese companies are placing large bets on the buy now, pay later approach in Vietnam, thanks to a significant increase in the use of the payment method, but the sector still presents certain dangers.
Insurers show off digital-led products

Insurers show off digital-led products

To simplify the purchasing process, insurance companies are in a race to launch new digital products while cooperating with the banking industry and e-commerce platforms.
USAID IPSC Project connects Vietnamese enterprises with e-commerce giants

USAID IPSC Project connects Vietnamese enterprises with e-commerce giants

Representatives from leading e-commerce platforms shared best practices on e-commerce marketplaces at a recent business matchmaking event held by USAID IPSC.
E-commerce groups tapping into ditigal market growth

E-commerce groups tapping into ditigal market growth

Vietnam’s fast-growing digital economy is hoping to lure big foreign funding to cash in on the enormous potential – although whittling down the use of physical cash could take a lot longer.
New rule reshuffles tax burden

New rule reshuffles tax burden

While new efforts from the Vietnamese government to press e-commerce platforms to declare and pay tax on behalf of individual vendors and business households would unscramble tax enforcement for local authorities, e-commerce platforms are pushing back against the extra burden placed on them.
E-commerce continues to thrive amid pandemic

E-commerce continues to thrive amid pandemic

Revenues posted by e-commerce platforms for January were up 30 percent year-on-year despite there being fewer promotions than in previous years, figures from the Ministry of Industry and Trade and the platforms reveal.
Nearly 16,200 online stores sanctioned for profiting from COVID-19

Nearly 16,200 online stores sanctioned for profiting from COVID-19

The Ministry of Industry and Trade has been cracking down on profiteers for selling face masks, hand sanitisers and other items for inflating prices due to the high demand caused by the ravaging COVID-19 epidemic.