E-commerce tax from businesses and sellers will continue to be collected in 2023 as part of ongoing efforts to ensure cross-border giants declare profits and pay their taxes. According to the Vietnam e-Commerce and Digital Economy Agency (iDEA), in 2022, retail e-commerce revenue in Vietnam reached $16.4 billion, up 20 per cent compared to 2021, […]
Read MoreChairman of the Vietnam Association of Foreign Investment Enterprises (VAFIE) Nguyễn Mại speaks with Nhà Đầu Tư (The Investors) online newspaper on why Việt Nam must implement the global minimum corporate income tax soon to remain an attractive FDI destination. The global minimum corporate income tax, initiated by the Organisation for Economic Cooperation and Development (OECD), […]
Read MoreCommercial joint stock banks have continued to lower deposit interest rates since the middle of this month, a move that is expected to help reduce lending rates and support businesses. HCM CITY — Commercial joint stock banks have continued to lower deposit interest rates since the middle of this month, a move that is expected to help […]
Read MoreExpand the list of visa-exempt countries to all EU countries and extend the visa exemption period from 15 to 30 days are among recommendations outlined in the European Chamber of Commerce in Vietnam’s 2023 Whitebook. Recommendations related to entry visa policies also include extending the period of the announced visa exemptions and new exemptions to […]
Read MoreCentral Retail Corporation (CRC), the largest retailer of Thailand, has announced its biggest investment in Việt Nam at 50 billion THB (US$1.45 billion) in the 2023-27 period to accelerate its market presence in the country. HÀ NỘI — Foreign businesses are pumping more investments into Việt Nam’s lucrative retail industry, which has a market size […]
Read MoreThe HCM City Tax Department has reduced land and water area rents from 2022 for those affected by the COVID-19 epidemic. HCM CITY — The HCM City Tax Department has reduced land and water area rents from 2022 for those affected by the COVID-19 pandemic. Under the decision, organisations, units, businesses, households, and individuals that lease land and water areas from the State in the […]
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