Vietnam has emerged as one of the most promising shoppertainment markets and is expected to become an e-commerce powerhouse in Southeast Asia.

The e-commerce market of Vietnam was robust in the first quarter of this year with total revenue of the top five platforms, including Shopee, TikTok Shop, Lazada, Tiki and Sendo, reaching more than VND71 trillion (US$2.79 billion), an increase of 79% over the same period last year, according to a recent report by Metric.

The 10th National External Information Service Awards were launched in Hanoi on March 28, welcoming the participation of social media influencers.

The Authority of Broadcasting and Electronic Information under the Ministry of Information and Communications (MIC) reported that in 2023, it had repeatedly worked with foreign service providers like Meta (Facebook), Google, Apple and TikTok to prevent toxic information and fake news from spreading.

VOV.VN - A representative of the social networking platform TikTok has pledged close coordination with relevant Vietnamese agencies to make its operations within the law following the announcement of its violations in the country.

VOV.VN - Australian tourism newswire Escape has picked the 10 most popular beaches worldwide on TikTok, with local beaches in Nha Trang and Vung Tau featured among the list.

Big data on e-commerce would help the tax watchdog to efficiently collect tax from foreign cross-border IT services providers, according to Nguyen Bang Thang, director of Tax Management Department of Large Enterprises.

VOV.VN - Vietnam has not been unable to announce the results of its inspection of TikTok’s operations in the country as the Chinese owned short-form video platform has yet to fully clarify its violations.

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).

VOV.VN - TikTok has committed a number violations in Vietnam, said Deputy Minister of Information and Communications (MIC) Nguyen Thanh Lam at a press briefing in Hanoi on June 5, citing the initial results of a comprehensive inspection of the platform’s operations in the country.