The Ministry of Finance has asked digital-based businesses and delivery service companies to provide information about e-commerce sellers using their platforms and services so they can be taxed.

Customers using Mobile Money, a freshly-approved pilot project, may be charged a certain fee, according to the Vietnam Telecommunications Authority under the Ministry of Information and Communications.

Poor sales, supply chain disruptions, revenue decreases and personnel cuts have all occurred to enterprises amid the COVID-19 pandemic.

Prime Minister Nguyen Xuan Phuc has approved a mobile money pilot project that will pave the way for payments of a limited value to be conducted using telecommunications accounts.

The Ministry of Finance has announced it may further extend tax payment deferrals to support companies suffering from the COVID-19 pandemic 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.

The Ministry of Finance has submitted a proposal to the Government seeking approval to create a decree expanding the timeframe for tax and land lease payments.

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.

The world leader in digital payments Visa and global cross-border peer-to-peer (P2P) payments and money transfer service provider MoneyGram International recently launched a real-time P2P payment solution to Vietnam.

The Vietnam Social Security (VSS) will step up the application of information technology, and carry out digital transformation in a comprehensive manner so as to better serve businesses and people, especially amid the COVID-19 pandemic.