Vietnam and EU seek to strengthen ties in transport infrastructure and urban development
Vietnam and the EU will enhance cooperation in transport infrastructure and sustainable urban development in the future, a meeting has heard.
Tax revenue from e-commerce surges
The Department of Taxation under the Ministry of Finance has reported a sharp rise in tax revenue from e-commerce in the first months of 2025.
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| A shopper buys goods online (Photo: VNA) |
According to the department, 130 foreign suppliers, including Google and Facebook, have registered, declared, and paid taxes through the electronic tax portal for foreign providers, contributing a total of 2.91 trillion VND (114 million USD). Additionally, over 33,000 individual and household businesses have registered and declared taxes, amounting to 1.6 trillion VND (62.6 million USD).
In 2025, tax authorities plan to work with five major e-commerce platforms - Shopee, Tiki, Lazada, Sendo, TikTok, and Grab - on the provision of personal information of business households.
The department is also gathering data from delivery and online payment service providers to track sellers and enforce tax collection measures.
With e-commerce experiencing rapid growth, ensuring tax compliance is crucial to preventing revenue losses./.
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