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Vietnam: Travel firms still complain about lack of tourists

Vietnam officially reopened tourism on March 15 with a more open visa policy for some markets.. However, the number of travelers remains modest. On March 15, Vietnam unilaterally applied a visa waiver policy for citizens from 13 countries and bilaterally applied the same policy for citizens from 88 countries and territories. The e-visa resumed after […]

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Taxing cross-border platforms: Vietnam tries to fight losses

Cross-border businesses providing services directly to individual users earn huge revenue from Vietnamese customers but they have not paid taxes to Vietnam. According to statistics of the Vietnam General Department of Taxation, tax revenue paid by Vietnamese enterprises signing advertising contracts with foreign organizations from 2018 to 2020 was VND3,082 billion, including VND770.6 billion in […]

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Vietnam targets higher sovereign ratings by 2030

The focus is to ensure a healthy fiscal foundation and sustainable budget policy in line with Vietnam’s international commitments and good practices. The Vietnamese Government targets its sovereign ratings to reach at least Baa3 (for Moody’s) or BBB- (for S&P and Fitch) by 2030. The move is part of a proposal on improving Vietnam’s sovereign […]

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Vietnam’s tech retailer expands its network to Indonesia

Mobile World will cooperate with Indonesia retailer Erafone to open stores selling technology products in Indonesia. Mobile World has announced its partnership with PT Erafone Artha Retailindo (Erafone), a subsidiary of Erajaya Corporation, to establish PT Era Blue Elektronic joint venture in Indonesia. The chain of stores of this joint venture will be called Era […]

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