More than 200 live streamers, entrepreneurs, and representatives from cooperatives gathered at a forum on innovation and e-commerce on digital platforms in the central province of Quang Nam on May 15 as part of TechFest Quang Nam 2024, an innovation startup promotion event.
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.
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.
Vietnam is among the top performers globally and regionally, with e-commerce growth ranking in the top 10 worldwide and the value of this market reached 20.5 billion USD in 2023, and is forecast to hit 45 billion USD by 2025.
In recent years, substantial investments have been made in digital infrastructure, platforms, devices, and transformation technologies across government agencies to better serve the public and businesses. National and sector-specific databases have been actively developed, interconnected, and shared.
Bac Giang province, a magnet for foreign direct investment (FDI) in the northern region, will pay more attention to promoting digital transformation in enterprises in the coming time, according to Vice Chairman of the provincial People’s Committee Mai Son.
The Vietnamese Embassy in Russia organised a seminar on April 19 on prospects for Vietnam-Russia digital economic cooperation, attracting over 100 delegates representing ministries, sectors, research institutes, and business associations of the two countries.
The youths should play a pioneering role in spurring the nation’s digital transformation as the digital economy is expected to make up 30% of the gross domestic product (GDP) by 2030, Prime Minister Pham Minh Chinh said at a dialogue with them held in Hanoi on March 26.
The Vietnamese animation studio Sconnect has officially been recognised for two records in the fields of animated film copyrights and multilingual distribution on digital platforms, marking the first time in Vietnam that records have been established in the realm of animated films.
Minister of Industry and Trade Nguyen Hong Dien has affirmed the determination to strengthen trade promotion and export to major markets, optimising free trade agreements (FTA), making full use of opportunities, and actively responding to challenges in 2024.
The Prime Minister has approved a project on consolidating apparatus organisation, and improving state management and law enforcement capacity in digital transformation from central to local levels by 2025, with a vision to 2030.
Small scale, limited production level and operation capacity are barriers that create difficulties in deploying sales of businesses and cooperatives in localities on digital platforms.
The Ho Chi Minh City People’s Committee on October 17 opened the municipal Digital Transformation Week 2023 in response to the National Digital Transformation Day 2023 (October 10).
Although e-commerce has facilitated the consumption of products, there are still many others that have not yet access to this modern business platform, especially for those from ethnic and mountainous areas, heard a seminar in Hanoi on October 16.
Digital transformation is vital for businesses in the trading sector to stay competitive in today’s market, and they need to focus their resources and implement it methodically to derive greater efficiency, heard a symposium in Ho Chi Minh City last week.
Under the digital transformation plan for the media, all press agencies in Vietnam will follow the model of converged newsroom and models applying advanced science and technology by 2030.
