Hanoi (VNA)ℱ – The tax revenue from online business activities reached 34.5 trillion VND (over 1.3 billion USD) in the first quarter of 2025, up 19% year-on-year, according to the Ministry of Finance.
Over the past three years, total tax collection from individuals and organisations engaging in e-commerce amounted to 296 trillion VND.
To support individual and household-level e-commerce sellers in fulfilling their tax obligations, the Department of Taxation launched a dedicated online portal on December 19, 2024, allowing users to register, declare, and pay taxes related to online business activities.
As of March 19, 2025, more than 55,000 individuals and households had used the platform, contributing nearly 410 billion VND to the state budget.
The top five localities by tax payments made through the portal were Hanoi (261 billion VND), Ho Chi Minh City (71 billion VND), Nam Dinh (7.1 billion VND), and Bac Ninh (5.4 billion VND).
The ministry also reported that since the launch of its online portal for foreign service providers, 135 suppliers have declared and paid a combined total of nearly 23 trillion VND in taxes.
In line with new provisions under the revised VAT Law (Law No. 48/2024/QH14) and the amended Law on Tax Management (Law No. 56/2024/QH14), authorities are assisting domestic and international e-commerce platforms to withhold and remit taxes on behalf of sellers.
The Department of Taxation is currently drafting guidance documents to support tax compliance for e-commerce activities and has prepared infrastructure to receive filings from platform operators. This includes a dedicated e-commerce tax office and standardised forms to be used once the new tax management decree on business activities on e-marketplaces and digital platforms comes into effect, the ministry said./.
The 2023 Cross-border E-commerce Expo Vietnam, the first of its kind, will take place in the southern largest economic hub of Ho Chi Minh City from August 10-12.
The probe, initiated on June 11 following a petition by the US Coalition for Fair Trade in Hardwood Plywood, targets products classified under HS Code 4412 and 9403 imported from China, Indonesia and Vietnam.
Sun PhuQuoc Airways was born as a perfect piece in Sun Group’s strategic vision to build a premium ecosystem of tourism, entertainment, real estate, and aviation. With a pioneering ambition, Sun PhuQuoc Airways is not just an airline, but a symbol of connection – bringing the world to Phu Quoc and taking Phu Quoc to the world.
A key change in the draft decree is a provision requiring bank transfers for gold transactions valued at 20 million VND (765 USD) and above, to enhance transparency and verify customer identities.
In the first four months of 2025, trade turnover between Vietnam and Cambodia surpassed 3 billion USD, marking a 7% increase compared to the same period in 2024.
On June 19 alone, a total of 2,005 trucks completed customs clearance at Lang Son’s border gates — the highest single-day figure ever recorded in the province. Of these, 634 carried exports and 1,371 imports.
The OECD Economic Surveys: Vietnam 2025 report focuses on analysing the country’s macroeconomic fundamentals, the impact of international integration on attracting foreign investment and trade, and the country’s prospects for developing a low-carbon economy.
Antoine Colin, Senior Vice President for Global Supply Chain Digital Transformation & Resilience at HP Inc., affirmed HP’s strategic commitment to building a supply chain and ecosystem in Vietnam and the region.
Deputy Director General of the Ministry of Industry and Trade (MoIT)’s Trade Promotion Agency Bui Quang Hung emphasised that logistics has evolved from a technical function into a core capability for Vietnamese exporters to maintain their competitive advantage in the US market.
A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
Outcomes of ABAC III will shape ABAC’s final policy recommendations to be submitted to the ABAC-APEC leaders’ dialogue, scheduled to take place in the Republic of Korea this November.
This is the second year the magazine has released the ranking, which is based on total revenue and key financial indicators of enterprises from seven countries in the region: Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.
At the summit, publishing, tech, and media sectors will discuss emerging trends, business models, and sustainable solutions for digital publishing development in Vietnam.
This year’s “Vietnam Goods Week” marks a significant milestone as it is being held simultaneously for the first time in four locations across Asia: Japan, Hong Kong (China), Cambodia, and Malaysia, from June 19 - 22.
According to NordCham Vietnam Chairman Thue Quist Thomasen, the Vietnamese Government’s commitment to achieving net-zero emissions by 2050 is both a challenge and an opportunity for businesses to contribute to green and sustainable growth.