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Tag: Tax Compliance

2 articles

Vietnam Designates December 12 as National E-Commerce Day

Vietnam has designated December 12 each year as National E-Commerce Day. This year’s nationwide E-Commerce Week will run from December 10 to 16, with a focus on supporting small and medium-sized enterprises and individual business operators. Vietnam’s online retail market is projected to reach $37.2 billion to $37.8 billion in 2026.

E-commerce

Vietnam’s E-Commerce Sellers Hope to Avoid Invoicing Each Order After Platforms Withhold Tax

A Vietnamese government directive that sellers need not issue invoices when e-commerce platforms withhold tax on each transaction has drawn attention from sellers. Some hope the rule will take effect soon and ease the burden of invoicing every order. Readers have also proposed separate rules for retail and wholesale transactions and clearer guidance on whether platform purchases without invoices can be deducted for corporate income tax purposes.

Policy & Regulation