July 10, 2024 | 07:30 GMT+7

E-commerce tax collection from domestic individuals and businesses reaches $392 million in 1H

Ánh Tuyết -

383 e-commerce platforms providing information via the portal of the tax department.

Tax collections from e-commerce activities conducted by nearly 43,000 domestic individuals and businesses in the first six months of 2024 reached nearly VND10 trillion ($392 million), according to the General Department of Taxation.

The figure represents a year-on-year increase of 53.5% in value.

According to the e-commerce data platform Metric's report, the total revenue of the country’s top five e-commerce platforms in the first half of the year is estimated at VND156 trillion ($6.13 billion), up 78% year-on-year.

In the second quarter alone, the platforms, including Shopee, Lazada, Tiki, Sendo and Tiktok Shop, earned VND85 trillion ($3.33 billion), surging 78% against the same period last year.

The owners of 383 e-commerce platforms have provided information relating to businesses trading on their platforms via the portal of the tax department, as regulated, according to the General Department of Taxation.



The original article is written and published on VnEconomy in Vietnamese only. To read the full article, please use the Google Translate tool below to translate the content into your preferred language.
VnEconomy is not responsible for the translation.

Google translate