Vietnam’s digital marketplace is paying off, with VND8.73 trillion (about US$328 million) collected from foreign suppliers through the official portal as of September 30, according to the E-Commerce Taxation Sub-Department under the Department of Taxation (GDT).

The department of taxation of large enterprises under the General Department of Taxation (GDT) has recently announced that four foreign suppliers conducting business in Vietnam through e-commerce digital platforms have not yet complied with regulations on tax registration through the GDT’s e-portal.

A total of 120 foreign suppliers have registered, declared, and paid taxes worth more than VND8.68 trillion (US$341 million) through the General Department of Taxation (GDT)’s e-portal this year, up by 26% year-on-year and 74% compared to the annual target.

Foreign suppliers, such as Google, Apple, Meta (Facebook), Microsoft, Netflix and TikTok, paid VND3.94 trillion (US$169 million) in taxes in the first half of 2023, according to the General Department of Taxation (GDT).

Foreign suppliers have paid more than VND7.36 trillion (US$312.8 million) worth of taxes through an electronic portal dedicated to them from March 21, 2022, according to the General Department of Taxation (GDT).

Foreign suppliers have paid taxes worth VND1.8 trillion (US$76.7 million) via the official portal serving their operations in Vietnam.

A total of 39 foreign suppliers have registered tax in Vietnam via the portal https://etaxvn.gdt.gov.vn/nccnn/Reques, according to the Tax Agency for Large Businesses at the General Department of Taxation.

As many as 30 big foreign suppliers, including Microsoft, Facebook, Netflix; Samsung; TikTok; and eBay made tax declaration via the portal http://Etaxvn.gdt.gov.vn and paid US$22.2 million worth of tax, according to a report recently submitted by the Ministry of Finance to the National Assembly.

The General Department of Taxation on March 21 held a conference to launch a portal for foreign suppliers and an electronic tax mobile app - Etax-Mobile.