E-commerce booming but hard to control Business

E-commerce booming but hard to control

E-commerce in Vietnam is growing, however many individuals and businesses are taking advantage of online platforms to sell poor quality and fake goods, harming customers and causing lost tax revenues.
Vietnam works to close loopholes in e-commerce Business

Vietnam works to close loopholes in e-commerce

Vietnam’s fast-growing e-commerce sector has posed a great challenge for the Government as many retailers are using loopholes in management regulations to trade counterfeit goods and cheat consumers, thus creating economic losses and shattering shoppers’ confidence in genuine e-commerce activities.
Zero dong tours worry travel sector Videos

Zero dong tours worry travel sector

‘Zero dong’ and other cheap tours have lured a large number of visitors to Da Nang in recent times. However, these tours also come with a headache for State management agencies.
 Experts’ reactions to MoF tax plan mixed Business

Experts’ reactions to MoF tax plan mixed

Experts’ reactions to the Ministry of Finance’s (MoF) tax adjustment draft have been mixed, while the business community struggles to keep up with the variety of proposed tax hikes.
Vietnam to cut costs, rules for firms Business

Vietnam to cut costs, rules for firms

The private business sector in Vietnam is vital for the economy, however, obstacles and challenges remain, which can only be overcome through the combined efforts of policymakers and business leaders.
MoF probes Grab for possible tax evasion Business

MoF probes Grab for possible tax evasion

The Ministry of Finance (MoF) will continue coordinating with the State Bank of Vietnam and other competent authorities to review the use of Malaysian company Grab’s grants from the mother company to its local branch.
Deputy PM: Government will not raise public debt ceiling Business

Deputy PM: Government will not raise public debt ceiling

The Government will not raise public debt ceiling in order to ensure debt payment capacity and balance the national financial system, said Deputy Prime Minister Vuong Dinh Hue during the hearing session of the 14th National Assembly’s fourth sitting on November 16.
Experts worry over e-money’s red-hot growth Business

Experts worry over e-money’s red-hot growth

Experts voiced real concern over safety and legal status of e-money since Bitcoin, a form of cryptography-based e-money, is believed to potentially cause risks for users due to its highly volatile value.
HCM City looks to improve tax collection Business

HCM City looks to improve tax collection

HCM City has asked the municipal tax authority to enhance preventative measures against tax fraud and transfer pricing to ensure tax revenue and improve business confidence.