Vietnam's e-commerce

Update news Vietnam's e-commerce

E-commerce platforms to declare, pay taxes on behalf of sellers from April 2025

E-commerce and digital platforms with payment functions will have to declare and pay taxes on behalf of sellers being business households and individuals from April 1, 2025.

Why e-commerce platforms are opposing tax filing requirements for sellers?

The Vietnam E-commerce Association has expressed strong opposition to new tax regulations, arguing that platforms lack the expertise and infrastructure to take on such responsibilities.

Vietnam’s e-commerce market size to hit US$30 billion this year

E-commerce sales in Vietnam are likely to surpass the US$30 billion mark by the end of 2024 thanks to local growing consumer trends that help drive up online sales via e-platforms, said delegates at a meeting in Ho Chi Minh City on July 29.

How high should e-commerce shipping rates be?

Instead of setting floor levels, it would be better to let supply and demand determine e-commerce shipping fees, experts say.

Vietnamese e-commerce grows quickly but unsustainably

The growth and development of e-commerce has created opportunities, but also challenges in state management, especially in building a healthy business environment, contributing to promoting the economy.

VN’s e-commerce market: Shopee reports high growth rate, Tiki stands still

While Shopee reported a market share increase from 63 percent to 69 percent, Tiki maintained a modest figure of one percent.

Unregistered sales websites and apps remain at large

Vietnam E-commerce and Digital Economy Agency (iDEA) under the Ministry of Industry and Trade (MoIT) said that the number of e-commerce websites and applications confirmed by the ministry increased significantly from 2019 to 2021.

MoIT plans to launch a transaction assurance system in e-commerce

This is to assist the parties to the transaction using protected online payments.

Vietnam’s e-commerce exports reach US$3.5 billion

MSMEs in Vietnam are poised to reap significant benefits from the rapid growth of the e-commerce sector.

Free delivery affects 50 percent of consumer buying decisions

Free shipping is the factor that has the strongest impact on Vietnamese users’ buying goods online.

Vietnam’s e-commerce to reach US$20 bln by year’s end

Vietnam’s e-commerce market is predicted to expand 25 percent, with the market scale projected to increase to US$20 billion by the end of this year, according to the Vietnam E-Business Index (EBI) 2023 rankings.

Big race for investment in e-commerce logistics

An increase in online sales has put pressure on the logistics system, thereby triggering the race to invest in Vietnam's e-commerce logistics, according to insiders.

Vietnam's e-commerce revenue in 2014 touched $3b

 Business-to-customer (B2C) e-commerce in Viet Nam garnered a total revenue of US$2.97 billion in 2014, accounting for 2.12 per cent of the country's gross retail sales of goods.