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 […]
Read MoreThe Cambodian government started implementing the collection of value-added tax (VAT) for e-commerce transactions in Cambodia from the beginning of April 2022. Eng Ratana, Director of the Large Taxpayer Department of the General Department of Taxation, said in a recent workshop on e-commerce tax that the GDT started the implementation of VAT on e-commerce from […]
Read MoreMANILA, Philippines — The Philippines fell behind its Southeast Asian neighbors in motor vehicle assembly, posting the lowest growth in output in the first two months of the year. Data from the Association of Southeast Asian Nations (ASEAN) Automotive Federation (AAF) showed the Philippines produced 11,348 motor vehicles in the January to February period, up […]
Read MoreThe textile and garment industry is forecast to have a bright prospect in 2022, but as share prices have increased sharply since 2021, many stocks may not continue to rise significantly. As a result, analysts say investors should only prioritise enterprises with good fundamental growth. Bright outlook At the end of 2021, US President Joe […]
Read MoreThe government looks set to settle investment incentives for four new economic corridors in four regions next month, a move aimed at increasing investment in the areas. According to Anak Meemongkol, deputy secretary-general of the National Economic and Social Development Council, the council and the Board of Investment are working on incentives to lure investors […]
Read MoreCambodian Prime Minister Hun Sen said here on Sunday that Chinese-invested Siem Reap Angkor International Airport will play an important role in boosting the kingdom’s economy and tourism when it comes online in late 2023. The prime minister made the remarks during a visit to the construction site of the airport in Sotr Nikum district, […]
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Thailand
