Tags

E-commerce

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).
Việt Nams e-commerce sector grows 18 per cent

Việt Nam's e-commerce sector grows 18 per cent

Việt Nam’s e-commerce sector has grown by 18 per cent since 2023, making it the third-fastest growing in Southeast Asia, following the Philippines and Thailand.
Ministry urges caution when shopping on Temu

Ministry urges caution when shopping on Temu

The Ministry of Industry and Trade’s recent document about strengthening management on e-commerce says consumers should not have transactions with platforms which have not been verified by the Ministry of Industry and Trade.
HCM City seeks to smoothe cross-border e-commerce

HCM City seeks to smoothe cross-border e-commerce

The HCM City Department of Industry and Trade has said it plans to inspect businesses that sell on online platforms and show signs of violating regulations.
Foreign e-commerce platforms expand market in Việt Nam

Foreign e-commerce platforms expand market in Việt Nam

The presence of large e-commerce platforms from China with Vietnamese interfaces, shows the market expansion strategy of these companies.
National E-commerce Week coming soon

National E-commerce Week coming soon

The National E-commerce Week and Việt Nam Online Shopping Day - Online Friday 2024 will be held nationwide.
Nuclear power plays an important role in energy security: ministry

Nuclear power plays an important role in energy security: ministry

The development of nuclear power plays an important role in achieving energy security and arriving at net zero, but thorough study is needed to evaluate feasibility and ensure absolute safety, Deputy Minister of Industry and Trade Nguyễn Sinh Nhật Tân...