Topic: e-Commerce

The government targets to boost the annual growth rate of e-commerce retail sales to between 20% and 30%.

In the period, some158 foreign service providers paid taxes worth VND5.7 trillion ($217 million).

Accessibility to digital platforms, online promotional tools, and livestream sales techniques still presents significant gaps.

The change in tax management reflects the Government’s swift response to the rapid growth of the digital economy and cross-border e-commerce.

The total number of products sold through 4 leading e-commerce platforms in the first quarter reached 950.7 million, up 24 per cent year on year.

Total sales revenue of the top four e-commerce platforms in Vietnam up around 43% year-on-year.

These efforts will empower businesses, cooperatives, and production facilities to boost efficiency, expand market reach, and enhance productivity.

If e-commerce platforms were to deduct and pay taxes on behalf of sellers, tax management would be more efficient and transparent, particularly for stores where sellers remain unverified.

The northern province has set ambitious targets for 2025, aiming for 55% of its population to engage in online shopping

Hanoi will expand the consumption market for agricultural products, handicrafts, and OCOP products through e-commerce.