A total of 39 foreign suppliers have registered tax in Vietnam via the portal https://etaxvn.gdt.gov.vn/nccnn/Reques, according to the Tax Agency for Large Businesses at the General Department of Taxation.
With just two months left until the end of 2022, enterprises have tried to find new suppliers and diversify sources of goods to develop and serve the customers after a tough year.
As many as 30 big foreign suppliers, including Microsoft, Facebook, Netflix; Samsung; TikTok; and eBay made tax declaration via the portal http://Etaxvn.gdt.gov.vn and paid 22.2 million USD worth of tax, according to a report recently submitted by the Ministry of Finance to the National Assembly.
Boeing, the world’s leading aerospace company based in the US, are accelerating cooperation with Vietnamese suppliers and universities to provide a foundation for long-term industrial growth, according to Boeing Vietnam Country Director Michael Nguyen.
Apple is in talks to make Apple Watches and MacBooks in Vietnam for the first time as the US tech giant looks to diversify production away from China, Nikkei Asia reported.
The Philippine Government has recently said that it is looking to sign import deals with some of the world's biggest fertiliser suppliers, including China and Russia, to help lower costs and increase food production amid high inflation.
Many major foreign online service providers such as Facebook, Microsoft, TikTok, and Netflix have directly registered, declared and/or paid taxes online into the Vietnamese budget.
The implementation of national programs on trade promotion connects companies to trade, boosts domestic supply and demand, and contributes to ignite consumption in each sector.
Some 50,000 vehicles per year is the minimum production level needed for the growth of the Vietnamese auto part industry. Unfortunately, few car producers in Vietnam have reached such a level.
The General Department of Taxation on March 21 held a conference to launch a portal for foreign suppliers and an electronic tax mobile app - Etax-Mobile.
Enterprises must improve the quality and quantity of domestic tier-1 and tier-2 suppliers, to increase their ability to participate in the supply chain and improve the localisation of domestic industrial products.
More farmers have recently sold their products online in both domestic and foreign markets thanks to the support of postal service suppliers in putting farm produce on e-commerce platforms and promote digital agriculture.
Vietnam’s foreign trade surged 22.3 percent year-on-year in the first 11 months of this year to exceed 599.1 billion USD, according to the General Statistics Office.
The Ministry of Industry and Trade (MoIT) held a teleconference with Samsung Vietnam and its suppliers on October 14, affirming that the ministry’s top priority now is assisting businesses in Vietnam to achieve the “twin targets” of ensuring safety amid the COVID-19 pandemic and maintaining production to avoid disruptions to supply chains.
TNI King Coffee Ltd. has launched the “Happy Farmers” project, which serves a bridge that links long–term cooperation with reputable and capable Vietnamese suppliers, aiming to bring Vietnamese farm produce to the world.
Vietnam, along with Thailand, is considered the first choice for suppliers based in Taiwan (China) planning to move into Southeast Asia to address increasing capacity demand, Digitimes Asia has reported.
Vietnamese enterprises should dig into new technologies to improve product quality and brands so as to better engage in the global value chains, Minister of Industry and Trade Tran Tuan Anh has said.
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