The lack of regulations and businesses’ reluctance to engage in environmental protection efforts have made it difficult for Việt Nam’s e-commerce sector to transition to a greener model.
Shopee, one of the leading e-commerce platforms in Việt Nam, has issued an important notice regarding changes in tax payment obligations for business households and individual sellers operating on the platform.
Việt Nam is projected to import an additional 6 million tonnes of corn and 1.7 million tonnes of soybean meal by 2034, representing 7 per cent of global corn imports and 9 per cent of global soybean meal imports.
Instead of the current personal income tax exemption on interest from all individual bank savings accounts, the proposal would exempt tax only for low amounts of savings.
Following the recommendations of the Trade Remedies Authority, the Việt Nam Steel Association needs to notify relevant manufacturers and exporters and recommend their participation if necessary.
In major cities across Việt Nam, many prime urban areas remain vacant for years due to speculative activity. Instead of fuelling the economy, capital is locked up in real estate.
Malaysia has announced it will initiate an anti-dumping duty investigation on the imports of galvanised iron coils/sheets or galvanised steel coils/sheets originating from or imported from Việt Nam, China and South Korea.
The Government''s Decree 144/2024/NĐ-CP setting a preferential import tax rate for soybean meal (commodity code 23040090) has reduced this tax from 2 per cent to 1 per cent, creating better conditions for the enterprises to maintain production.
The tax authority is compiling a list of celebrities generating significant income from livestream sales and affiliate marketing on e-commerce platforms.
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.
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).