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Thursday, November 21, 2024

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e-commerce

Draft law requires e-commerce platforms to pay tax on sellers’ behalf

HCMC – Vietnam is preparing to mandate that e-commerce platforms, including foreign operators, pay taxes on behalf of sellers under the proposed amendments to...

Expanding e-commerce market

Vietnam’s e-commerce market is expected to amount to US$14.7 billion in 2024, with mid-range products making up a majority of sales. By 2029, the...

Vietnam’s largest online shopping event to kick off this month

HCMC – Vietnam’s biggest online shopping event of the year, “Online Friday 2024,” is set to begin with a 60-hour nationwide sale starting at...

A formidable new e-commerce player

Chinese e-commerce platform Temu launched its Vietnam site in late September, offering deep discounts, promotional codes, and free shipping across the country. A global contender The...

Strict control proposed for cross-border e-commerce

HCMC – The HCMC Department of Industry and Trade has written to the Ministry of Industry and Trade recommending several measures to better regulate...

A burden on e-commerce platforms

VATThe Vietnam E-commerce Association (VECOM) has voiced concerns over a new regulation that would require e-commerce platforms to file for taxes on behalf of...

A thorough consideration needed

Implementing tax management policies through intermediaries like e-commerce platforms is a reasonable and necessary choice, aligning with international practices. However, some issues require thorough...

Looking to higher targets

Just two leading Vietnamese logistics companies are able to compete with their foreign peers in Vietnam. While one operates more quietly, the other is...

The missing piece

“A small number of e-commerce platforms dominate the market, with profit shared among these giants, instead of being evenly distributed among all market participants,”...

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