The Philippines will impose a 12% value-added tax on digital services offered by tech giants such as Amazon, Netflix, Disney, and Alphabet, in a move that aims to level the playing field with domestic players, the country’s Bureau of Internal Revenue (BIR) announced on October 2.
Chairman of the National Assembly (NA) Vuong Dinh Hue met with President of the Philippines Ferdinand Romualdez Marcos Jr. in Hanoi on January 30, describing the latter’s first state visit to Vietnam as a strong impetus to tighten the strategic partnership between the two countries.