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Vietnam faces increasing tax evasion and avoidance

Vietnam faces increasing tax evasion and avoidance as policies have not kept up with reality, according to a report by the Vietnam Institute for Economic and Policy Research (VEPR) and Oxfam. Tens of thousands of businesses have been detected violating enterprise income tax rules worth up to trillions of dong per year from 2010 – […]

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E-commerce provides opportunities for Vietnamese firms to boost exports

Amid the negative coronavirus impact, local small and medium-sized enterprises are paying attention to digital solutions that utilise artificial intelligence technology to increase exports by connecting buyers globally via e-commerce channels. Nguyen Ngoc Dung, Vice President of Vietnam E-Commerce Association, says with the purchasing power at supermarkets and malls plummeting due to fears surrounding the […]

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Vietnamese e-wallets charm investors

Hefty sums found their way to Vietnamese e-wallets from diverse partners during the year, turning the segment into one of the investment hotspots. Since late 2019, vast money flows have made its way to Vietnam, mainly into e-wallets via mergers and acquisitions deals. Vietnamese online gaming giant VNG Corporation has reduced its stake in wholly-owned e-wallet ZaloPay […]

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Thailand: Booze rush at shops as ban ends

Liquor sections at supermarkets and convenience stores on Sunday were thronged with customers eager to buy alcoholic beverages after sales resumed for the first time in almost a month. Shops across the country saw people buying beer, wine and whiskey in bulk as the clock reached 11am, the earliest time alcoholic beverages can legally be […]

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Vietnam’s efforts to improve international trade policy

Executive Vice President of the Japan External Trade Organisation (JETRO) Hironobu Kitagawa, who was once JETRO’s Chief Representative in VN, speaks about the country’s efforts to improve its international trade policies. Executive Vice President of the Japan External Trade Organisation (JETRO) Hironobu Kitagawa, who was once JETRO’s Chief Representative in Việt Nam, speaks to Vietnam […]

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