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Foreign suppliers paid taxes worth 108.2 million via electronic portal

Foreign suppliers paid taxes worth $108.2 million via electronic portal

According to the General Department of Taxation, 148 foreign suppliers have registered and paid taxes through the electronic portal with estimated revenue of more than VNĐ2.8 trillion (US$108.2 million) in the first quarter.
Online retailers face challenges due to increasing fees

Online retailers face challenges due to increasing fees

Online retailers in Việt Nam are facing challenges, with many of them either halting online sales or raising retail prices in response to e-commerce platforms announcing fee increases starting from April. 
Green e-commerce in Việt Nam still faces challenges

Green e-commerce in Việt Nam still faces challenges

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.
Concerns emerge over online sales tax implementation

Concerns emerge over online sales tax implementation

According to the Việt Nam Chamber of Commerce and Industry (VCCI), businesses have raised concerns about the draft decree''s timeline. 
PM orders elimination of 30 per cent of unneeded business conditions

PM orders elimination of 30 per cent of unneeded business conditions

Prime Minister Phạm Minh Chính has issued a directive urging a decisive push for administrative procedure reforms and improvements to the business environment.
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.
Mobile World expected to benefit from online business tax collection

Mobile World expected to benefit from online business tax collection

Fair competition will be re-established as all businesses are held to the same tax standards.
Stay aware against online securities investment scams: SSC

Stay aware against online securities investment scams: SSC

While impersonating securities firms and businesses for fraudulent activities is not a new issue, these scammers are evolving with more sophisticated tricks. 
Tightening social media advertising

Tightening social media advertising

The Draft Law even includes proposals to include influencers in advertising controls, with amendments and provisions up for discussion at the National Assembly in October 2024. A key area of focus is the regulation of social media advertising, which has...
ASEAN Online Sale Day 2024 to open in August

ASEAN Online Sale Day 2024 to open in August

The 3-day event will be held at http://onlineasean.com, providing a unique platform for businesses and consumers across ASEAN to access special offers and unique products from all the ten member countries.
Vietnamese spend nearly VNĐ150 trillion online shopping

Vietnamese spend nearly VNĐ150 trillion online shopping

Vietnamese consumers spent VNĐ143.9 trillion (US$5.7 billion) buying 1.53 million items on five e-commerce platforms in the first half of this year, representing a rise of 54.91 per cent and 65.55 per cent over the same period last year, respectively,...
Central bank works on protecting banking service users

Central bank works on protecting banking service users

At a workshop on solutions to protect bank customers held in Hà Nội, SBV Deputy Governor Phạm Tiến Dũng said the banking industry has made continuous efforts and closely coordinated with relevant ministries and branches in the digital transformation process,...
Policy on security in online banking service provision drafted

Policy on security in online banking service provision drafted

The online banking system must ensure the confidentiality and integrity of customer information and the availability to provide services continuously.
Banks promote online lending services

Banks promote online lending services

Banks are strongly stepping up online lending services via digital channels.
Businesses advised to focus on brand protection in online export

Businesses advised to focus on brand protection in online export

As more and more Vietnamese businesses are using international e-commerce platforms such as Amazon, eBay and Alibaba to expand market, experts have advised domestic firms to pay greater attention to the protection of trademark in the cyberspace, especially during online...