E-commerce tax revenue rises 19% in Q1

Over the past three years, total tax collection from individuals and organisations engaging in e-commerce amounted to 296 trillion VND.

E-commerce tax revenue rises 19% in Q1. (Photo: VNA)
E-commerce tax revenue rises 19% in Q1. (Photo: VNA)

Hanoi (VNA) – The tax revenue from online business activities reached 34.5 trillion VND (over 1.3 billion USD) in the first quarter of 2025, up 19% year-on-year, according to the Ministry of Finance.

Over the past three years, total tax collection from individuals and organisations engaging in e-commerce amounted to 296 trillion VND.

To support individual and household-level e-commerce sellers in fulfilling their tax obligations, the Department of Taxation launched a dedicated online portal on December 19, 2024, allowing users to register, declare, and pay taxes related to online business activities.

As of March 19, 2025, more than 55,000 individuals and households had used the platform, contributing nearly 410 billion VND to the state budget.

The top five localities by tax payments made through the portal were Hanoi (261 billion VND), Ho Chi Minh City (71 billion VND), Nam Dinh (7.1 billion VND), and Bac Ninh (5.4 billion VND).

The ministry also reported that since the launch of its online portal for foreign service providers, 135 suppliers have declared and paid a combined total of nearly 23 trillion VND in taxes.

In line with new provisions under the revised VAT Law (Law No. 48/2024/QH14) and the amended Law on Tax Management (Law No. 56/2024/QH14), authorities are assisting domestic and international e-commerce platforms to withhold and remit taxes on behalf of sellers.

The Department of Taxation is currently drafting guidance documents to support tax compliance for e-commerce activities and has prepared infrastructure to receive filings from platform operators. This includes a dedicated e-commerce tax office and standardised forms to be used once the new tax management decree on business activities on e-marketplaces and digital platforms comes into effect, the ministry said./.

VNA

See more

Inside Apparel Far Eastern Company Limited in Binh Duong province. (Photo: VNA)

Workers’ average income increase across most regions

By the end of Q1, the employed workforce nationwide reached 51.9 million people, a decrease of 0.4% against the previous quarter but a rise of 1.04% year-on-year. Of this total, 20 million got employment in urban areas while the figure in rural areas was 31.8 million.

Prime Minister Pham Minh Chinh speaks at the meeting (Photo: VNA)

Private economic sector requires open institutions: PM

Prime Minister Pham Minh Chinh noted that the draft project has yet to identify bottlenecks and constraints hindering the private economic sector's growth and stressed the need to include concrete tasks and solutions to boost the sector.

Participants at the business dialogue in Italian city of Genoa (Photo: VNA)

Italy's Liguria region eyes stronger economic cooperation with Vietnam

An Asia-Vietnam business dialogue in Italian city of Genoa featured expert insights into regional trade dynamics, real-world business case studies, and analysis of Vietnam’s fast-evolving key sectors — from manufacturing to technological innovation — amid shifting global trends.

Dao Viet Anh, Head of the International Relations Department at the Vietnam Trade Promotion Agency, speaks at the conference. (Photo: VNA)

Vietnam, China enhance business connectivity

In the first quarter of 2025, bilateral trade between Vietnam and China reached 51.2 billion USD, up 17.5% year-on-year, with expectations for continued growth throughout the year.

The article titled "Vietnam opens the 'steel door' in trade relations with the US", published on April 11 (Photo: VNA)

Latin American media hail Vietnam’s breakthrough in US trade talks

According to the Latin American outlet, the most outstanding achievement in the recent intensive negotiation days was Vietnam’s special task force convincing the US side to agree to begin negotiations on a bilateral trade agreement, an issue Washington had previously avoided on numerous occasions.

Vietnamese Ambassador to Brazil Bui Van Nghi meets with Samo Tosatti, Director of International Relations of São Paulo State. (Photo: VNA)

Vietnam, Brazil promote cooperation potential

During his visit from April 7-10, the Ambassador held meetings with the Government of Sao Paulo State, the Federation of Industries of the State of Sao Paulo (FIESP), and Friboi -a subsidiary of the JBS Group- to explore opportunities to further strengthen bilateral trade and investment, with a focus on Sao Paulo.