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How will Facebook, Google and YouTube be taxed in Vietnam?

The General Department of Taxation directly administers taxes on overseas suppliers and is responsible for granting tax identification numbers to overseas suppliers in accordance with Vietnamese regulations. The Vietnamese Minister of Finance has issued Circular 80/2021/TT-BTC guiding the Law on Tax Administration and Decree 126/2020/ND-CP. According to Circular 80, platforms such as Facebook, Google and […]

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AirAsia Group eyes Cambodia with brand new airline venture

AirAsia Group is looking to Cambodia for potential expansion of its airline business, according to Bo Lingam, head of its new AirAsia Aviation Ltd holding company. AirAsia Aviation will combine its four airlines in Malaysia, the Philippines, Thailand and Indonesia as part of a group-wide business reorganisation to differentiate between its airline business and the […]

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Thailand: Bangkok’s long road to recovery

Before the pandemic, Bangkok was undoubtedly a top global tourist destination, with an inexpensive cost of living and plenty of accommodation on offer. The capital welcomed 66.9 million visitors in 2019, including 24.8 million foreigners, drawing in 1 trillion baht from them that year. From 2020 to 2021, arrivals in the capital slumped because of […]

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