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Vietnam industrial output falls in January

HANOI: Vietnam’s index of industrial production (IIP) fell 14.6% in January from the previous month and 8% from the same period last year, the General Statistics Office (GSO) says. The GSO attributed the IIP reduction to the Lunar New Year (Tet) holiday which fell in January. Due to the Tet holiday, the number of working […]

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Vietnam: E-commerce platforms disapprove of suggestion to pay tax on behalf of sellers

A representative of the Vietnam E-Commerce Association revealed three obstacles in the way of e-commerce platforms that make it impossible to pay tax in sellers’ stead. HÀ NỘI — The Ministry of Finance has called for e-commerce platforms to pay tax on behalf of sellers, but online traders insist the suggestion is impractical. A representative of the Vietnam E-Commerce […]

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Vietnam urged to ensure exports to Asian, African markets in 2023

These challenges included a world economic recession, competition among major big economies, trade protectionism, inflation and rising interest rates, MoIT’s Director of the Asia-Africa Market Department said. HÀ NỘI — Vietnamese exporters need to ensure their capacity and maintain existing export markets, typically Asian and African outlets, amid many challenges in 2023, a senior trade official has said.  These challenges included a world economic recession, […]

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