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Update news Tax management
Policies are needed to support local e-commerce platforms and counter the might of cashed-up international e-commerce giants entering the Vietnamese e-commerce market, says chairman of Nextech, Nguyen Hoa Binh, who owned chodientu.vn.
From August 1, 2021, a 5 percent VAT and 2 percent PIT will be imposed on services such as saunas, massage, karaoke, discotheques, billiards, internet, games, tailoring, laundry, haircut and hairdressing, and other services.
The 2020 white book on e-commerce released last month by the Department of e-Commerce and Digital Economy under the Ministry of Industry and Trade provides some legal updates relevant to e-commerce, the focus of which is the 2019 Tax Management Law
2019 – year of breakthrough in development, Viet Nam learns from Germany’s experience in budget, tax management, Sacombank makes QR code strides, PV Power shares jump 4%, HVG posts $387,000 in profit for FY 2017-18
Prime Minister Nguyen Xuan Phuc affirmed the government's resolve to create the best possible conditions for businesses to perform, saying this is one of the important contents of a new resolution on support and development of enterprises
Da Nang attracts US$295 million in FDI; Forest product exports exceed US$5 billion in 2013; Vietnam – an attractive investment destination for foreign investors; Shrimp exports projected to rise; Vietcombank unveils online fees
VietNamNet Bridge – President Truong Tan Sang announced nine laws, three resolutions and one ordinance last Friday, Dec 14.