Topic: goods and services

National Assembly deputies suggested a number of changes be made to a draft law taxing foreign companies providing e-commerce and digital platform services in Vietnam, as efforts are stepped up to ensure that all revenue is subject to taxation.

All businesses are encouraged to participate, offering diverse promotions with discounts up to 100%.

Total revenue estimated at $235 billion.

Petrol prices have been cut five times recently but the price of many goods and services remain high. To bring prices down to a reasonable level, solutions such as reorganizing distribution channels in a scientific manner, building short supply chains, and combining short supply chains with exchanges to help circulate goods efficiently and reduce the cost of intermediaries are needed.

Total retail sales of consumer goods and services in June reached nearly VND472 trillion ($20.26 billion), up 1.4 per cent against May and 27.3 per cent year-on-year. In the first half, total retail sales stood at VND2,717 trillion ($116.64 billion), up 11.7 per cent year-on-year.