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e-commerce

Việt Nam to tighten tax scrutiny of celebrity livestream sales

Việt Nam to tighten tax scrutiny of celebrity livestream sales

The tax authority is compiling a list of celebrities generating significant income from livestream sales and affiliate marketing on e-commerce platforms.
Việt Nam among top 10 countries with the fastest e-commerce expansion in the world

Việt Nam among top 10 countries with the fastest e-commerce expansion in the world

E-commerce is not only an opportunity for enterprises to boost revenue, but also a platform for Vietnamese firms to penetrate deeply into the global supply chains.
Thái Nguyên launches goods booth on e-commerce platform

Thái Nguyên launches goods booth on e-commerce platform

Thái Nguyên is the first province in Việt Nam to open this booth on the e-commerce platform with the goal of becoming a leading province in e-commerce development.
Foreign suppliers pay nearly VNĐ8.7 trillion in taxes this year

Foreign suppliers pay nearly VNĐ8.7 trillion in taxes this year

A total of 120 foreign suppliers have registered, declared and paid taxes worth more than VNĐ8.68 trillion (US$341 million) through the General Department of Taxation (GDT)’s e-portal this year, up by 26 per cent year-on-year and 74 per cent compared to the annual target.
Việt Nams e-commerce market exceeds 25 billion

Việt Nam's e-commerce market exceeds $25 billion

Many businesses have achieved remarkable growth by leveraging e-commerce platforms, while cross-border retail sales have surged with increasing participation from small and medium-sized enterprises (SMEs).
E-portal for e-commerce household businesses launched

E-portal for e-commerce household businesses launched

The General Department of Taxation on Thursday officially launched the e-portal for households and individuals running businesses to register, declare and pay tax.
Failure of a Chinese giant in a competitive retail market

Failure of a Chinese giant in a competitive retail market

Temu, owned by Chinese e-commerce giant PDD Holdings, is considered one of the world’s fastest-growing e-commerce platforms, with sales estimated at $30 billion by the year-end. It started allowing shoppers from Việt Nam in October.
Tax revenue from e-commerce surpasses US4.2 billion

Tax revenue from e-commerce surpasses US$4.2 billion

With the rapid growth of the e-commerce market, tax revenue from this sector reached about VNĐ108 trillion (US$4.25 billion) in the first 11 months of 2024.
PM orders strengthened state management over e-commerce

PM orders strengthened state management over e-commerce

Prime Minister Phạm Minh Chính on Monday ordered relevant ministries and localities to intensify state management over e-commerce.
E-commerce connection and development forum opens this month

E-commerce connection and development forum opens this month

The E-commerce Connection and Development Forum 2024 will provide an overview of the Vietnamese and international market and introduce models and solutions to support MSMEs in promoting exports via e-commerce platforms.
Tax shift: e-commerce platforms could shoulder seller tax responsibilities

Tax shift: e-commerce platforms could shoulder seller tax responsibilities

The proposed amendment would require platforms like Facebook, Apple and Netflix, which generate revenues in Việt Nam, to register and pay taxes directly or through authorised representatives starting January 1, 2025.
Hà Nội to host 2024 e-commerce and digital economy forum on November 21

Hà Nội to host 2024 e-commerce and digital economy forum on November 21

The event aims to address the practical needs of businesses in the industrial and trade sectors as they navigate digital transformation.
Vietnamese e-commerce platform revenues fall in third quarter

Vietnamese e-commerce platform revenues fall in third quarter

Vietnamese e-commerce platform revenues fell significantly in the third quarter of this year, while foreign platforms saw considerable expansion, according to a recent report by e-commerce data company Metric.
Temu, Shein must complete business registration by month-end

Temu, Shein must complete business registration by month-end

Non-compliance may lead to coordinated technical measures, such as app blocking and domain name restrictions, in collaboration with relevant authorities
Over 400 e-commerce platforms register with tax authorities: GDT

Over 400 e-commerce platforms register with tax authorities: GDT

As many as 412 e-commerce platforms have registered their tax information with Việt Nam’s tax authorities, according to information on a portal under the General Department of Taxation (GDT).