Foreign tech giants like Facebook, Google, and YouTube will have to pay taxes in Vietnam under a draft circular, after years of invoicing their revenues out of the country.
Companies are expected to implement digital strategies to continue to reach customers, experts said while alluding to trends in the e-commerce market this year.
Revenues posted by e-commerce platforms for January were up 30% year-on-year despite there being fewer promotions than in previous years, figures from the Ministry of Industry and Trade and the platforms reveal.
VOV.VN - In the face of the COVID-19 pandemic, local coffee firms have devised a long-term strategic vision, changed their business mindset, and invested in processing technology in an effort to increase the added value of coffee beans.
The General Department for Market Surveillance has shown determination in the fight against counterfeit goods and trade fraud products in e-commerce channels.
Amid the complex developments of the COVID-19 pandemic in Vietnam, ministries and localities are urgently implementing action programmes to sustain economic growth while keeping the disease at bay.
Modern and online shopping channels recorded strong growth last year and will continue to thrive this year, according to experts.
VOV.VN - Now in his 30’s after living and working in the Czech Republic for many years, Luong Hai Long has long made a dream of building a brand exclusively for the Vietnamese community in the Central European country a reality.
In 2020 the Vietnamese real estate market, just like across the globe, was heavily impacted by the COVID-19 pandemic and that remains the case today. There are, however, some bright spots in the market and if the virus is fully controlled, this year should recover and also see stronger liquidity.
The growing demand for imported products in Vietnam and other markets will fuel runaway growth for cross-border e-commerce. However, the speed of expansion could also impose a burden on the government as it looks to efficiently supervise the fresh business model.