Google has paid VND2.115 trillion (nearly US$87.4 billion) in tax to Vietnam from 2018 to August 2022, representing the biggest tax contributor among cross-border and e-commerce platforms operating in the country.

With the fast development of digital commerce in the past few years, an adjusted decree from the Ministry of Finance and a new e-commerce tax portal are expected to facilitate better tax management for e-commerce platforms.

The recently-approved National Postal Development Strategy to 2025 with a vision to 2030 targets 100 percent of agricultural households using e-commerce platforms to move their products.

Products ordered on e-commerce platforms are being delivered to consumers from warehouses with robotic arms and a high degree of automation.

Foreign traders and foreign organizations having e-commerce activities in Vietnam must establish representative offices or appoint representatives according to Vietnam’s regulations.

More than 5.3 million farming households have been helped to create accounts on the two e-commerce platforms of Postmart and Vo So. The figure is expected to reach 10 million by the end of the year.

According to a plan of the Ministry of Information and Communications, all agricultural production households operating on e-commerce will be trained in digital and business skills on e-commerce platforms.

After a successful year with many contributions to the macro-economy and supply of goods during the pandemic, e-commerce platforms continued to be recognized in terms of brand recognition in 2021 in Vietnam and Southeast Asia.

Under a plan of the Ministry of Information and Communications (MIC), 100 percent of farming households on e-commerce platforms in 2022 will be trained in digital skills and doing business on e-marketplaces.

Technology utilization and market development are the keys to development of Vietnam’s agriculture.

Following successful sales of lychees, efforts have been made to sell other Vietnamese farm produce on e-commerce platforms, the Nong nghiep Viet Nam (Vietnam Agriculture) newspaper has reported.

Counterfeit and poor-quality goods are the biggest obstacle that customers face on online shopping platforms.

The Vietnamese tax watchdog hopes to tax sellers based in foreign countries but operating e-commerce businesses in Vietnam.

No longer having to discard vegetables, many farmers in Hai Duong province, Vietnam’s Covid-19 hotspot, can now sell their farm produce on e-commerce platforms.

E-commerce platforms are effective tools that can help farmers reduce losses when there is an oversupply of produce and sales are slow.

Innovation in Vietnam’s e-commerce industry this year will focus primarily on payments, logistics, and digital technology.

Growing tomatoes via smartphones and sitting on the top of mountain selling vegetables to the US from a distance are what some Vietnamese farmers are doing today.

While general stores and supermarkets are about to close for Tet holiday, e-commerce websites have stated they are ready to take orders even on Tet days.

E-commerce is the fastest-growing digital economy in Vietnam as online usage becomes part of the Vietnamese shopping life.