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.