According to the recently approved amended Law on Tax Management, companies that have not opened their representative offices in Vietnam such as Google, YouTube and Facebook are obliged to pay taxes.
Embracing free trade policies, reducing overregulation and costs of doing business, and investing in human capital and infrastructure are three ingredients that help Vietnam become a top emerging economy in less than three decades, said a writing posted on the US hakernoon.com.
Online shopping has developed strongly in Vietnam in recent time and is
forecast to further develop in the coming years, according to the
E-commerce and Information Technology Department.
About 50 percent of respondents say that business benefit from
participating in e-commerce (online) exchanges, according to a recent
survey from the Ministry of Industry and Trade (MoIT).
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