The chamber, however, said many companies have been forced to set up operations overseas to avoid the 10 per cent VAT, which according to them, was still collected because "tax officers could not distinguish between digital services meant for domestic...
Việt Nam, added to the Enhanced Monitoring List (Gray List) in June 2023, faces potential reductions in GDP, foreign direct investment (FDI), and other capital flows, according to the IMF.
Experiences from other countries, including the US and the EU, showed that the development of big data on e-commerce would be critical to ensure efficiency in tax management on cross-border IT services providers.
Many major foreign network service providers such as Facebook, Microsoft, TikTok, Netflix have directly registered, declared and paid taxes online into the Vietnamese budget.
CBRE has recently been named in the Top 10 Best Real Estate Service Providers of 2021 by Viet Nam Real Estate E-Magazine (Reatimes) and Viet Nam Institute of Real Estate Research (VIRES).
Many towage and pilot service providers have reduced their prices amid the difficulties faced by maritime transport companies due to the slowing down in activities because of COVID-19, according to a report by the Viet Nam Maritime Administration.
FedEx Express, one of the world’s largest express service providers, launched a new flight on Wednesday connecting Ha Noi with the FedEx Asia-Pacific Hub in Guangzhou, China.
CMC Telecom was voted one of the top 25 Managed Service Providers in the Asia Pacific by APAC CIO Outlook magazine. It is the only Vietnamese telecommunications company in the list.
The top 10 Vietnamese architectural and property developers and firms of 2018 were honoured at an annual ceremony held on Friday in HCM City by Asia’s leading construction solution provider BCI.
The HCM City Department of Transport has ordered all app-based taxi service providers in the city to halt expansion while waiting for a ministry review of the city’s pilot app-based taxi project, which began two years ago.