The Vietnam E-commerce Association (VECOM) has said that the operation of e-commerce platforms remains quite difficult and requires major investment and high operating costs, with most posting losses. It therefore proposed to the General Department of Taxation and State management agencies that cost and compliance burdens be minimized and conditions created for the development of e-commerce platforms.
The General Department of Taxation has said that the tax sector has promoted the development of digital tax services for taxpayers and seen impressive results. The number of enterprises registering with tax authorities to use digital tax services this year as of September 15 was 861,710, or 99 per cent. Businesses paid taxes through more than 2.75 million digital transactions totaling over VND585.6 trillion ($24.36 billion) and nearly $49 million.
On October 25, the General Department of Taxation opened the first phase of a network of Electronic Invoice Operation Centers at the Department and six localities’ Departments of Taxation. These six cities and provinces account for 60 per cent of businesses and 70 per cent of tax invoices in the country.
