Vietnam taps e-commerce boom to supercharge export growth
In recent years, the number of Vietnamese enterprises engaging in online exports has climbed sharply, mirroring the country’s fast-paced digital transformation.
Tax revenue from e-commerce surges
The Department of Taxation under the Ministry of Finance has reported a sharp rise in tax revenue from e-commerce in the first months of 2025.
Protective measures required to safeguard e-consumers over Tet
E-commerce in Vietnam is a key driver of the digital economy, but issues like counterfeit goods and poor-quality products are on the rise. A collaborative approach involving sellers, buyers, and regulators is essential, with a particular focus on e-commerce platform accountability.
Viet Nam’s e-commerce hits US$25 billion in 2024
Viet Nam’s e-commerce market hit US$25 billion in 2024, up 20 percent compared to the previous year, making up 9 percent of the nation’s total retail sales and services revenue.
Foreign suppliers pay nearly 8.7 trillion VND in taxes this year
A total of 120 foreign suppliers have registered, declared, and paid taxes worth more than 8.68 trillion VND (341 million USD) through the General Department of Taxation (GDT)’s e-portal this year, up by 26% year-on-year and 74% compared to the annual target.
E-commerce leads digital transformation in businesses
E-commerce has become a key driver of the digital economy, with an impressive growth rate of 25% in 2023, and is projected to account for 10% of total retail revenue by 2025. This trend not only creates significant opportunities but also pushes businesses to adapt quickly and achieve critical milestones in digital transformation.
More tax law reforms needed to address e-commerce challenges
The rapid growth of e-commerce has contributed significantly to Vietnam's economic development, but it also brought challenges, particularly in tax management.
Tax revenue from e-commerce surpasses 4.2 billion USD
Cumulative tax contributions from organisations and individuals engaged in e-commerce totalled 108 trillion VND (4.25 billion USD) in the first 11 months of this year, according to the General Department of Taxation.
Viet Nam launches first cross-border wholesale e-commerce platform
Viettel Post, an affiliate of the Military Industry and Telecoms Group (Viettel), on December 3 announced the launch of VIPO Mall, the first two-way cross-border wholesale e-commerce platform in Viet Nam.
PM orders strengthened state management over e-commerce
Prime Minister Pham Minh Chinh on November 25 ordered relevant ministries and localities to intensify state management over e-commerce.
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