The Vietnamese tax watchdog hopes to tax sellers based in foreign countries but operating e-commerce businesses in Vietnam. The Ministry of Finance recently said that the Law on Tax Management No 38/2019/QH14 regulated that e-commerce businesses and digital-based businesses and other services provided by overseas suppliers without an entity in Vietnam must directly or authorise others to […]
Read MorePETALING JAYA: The increase in private consumption, on top of it benefiting from the low base last year, will be more evident from the second quarter of the year. MIDF Research attributed this to the National Covid-19 Immunisation Programme which has kicked off and the vaccination rollout will be carried out in phases throughout the […]
Read MoreMANILA, Philippines — A surge in COVID-19 cases, which has prompted the government to impose localized lockdowns anew to contain the spread of the virus, paints a dark picture of the future of the Philippine economy, according to a London-based think tank. In its weekly brief, Capital Economics has downgraded its gross domestic product outlook […]
Read MoreBUSINESS sentiment in Singapore has turned expansionary for the second quarter of this year, following four quarters of negative sentiment, with improved expectations for profits and hiring as well. On Monday, the Singapore Commercial Credit Bureau’s (SCCB) latest quarterly survey of 200 business owners and senior executives showed the indicator for overall business sentiment at […]
Read MoreAccording to a new think-piece released by Visa, small businesses have demonstrated their resilience by adapting quickly to the impact of COVID-19. One notable adaptation has been the sector’s accelerated shift to digital-first commerce. More than two-thirds (67 percent) of small businesses reported taking new approaches since the start of COVID-19. More than a quarter […]
Read MoreThe country needs to well prepare for conditions to compete with its rivals in attracting foreign investment. South Korea’s LG Electronics Inc. announced that a Vietnamese factory in the northern province of Hai Phong and one in Nanjing (China) are two major sites in its automotive electronics productions abroad. The move of part of the company’s […]
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Thailand
