Amid the country’s difficult economy, in recent years, the e-commerce business in Vietnam has experienced surprising growth; however, the tax collection from e-commerce is not as expected.

A plan has been introduced to construct a unified e-commerce platform where the nation’s 63 centrally governed provinces and cities can exchange their products under a concentrated supply chain model.

Shopaholics make up 15 per cent of the Southeast Asian e-shopper population, and account for 45 per cent of e-commerce purchases, a study has found.

Local e-commerce floors in the 63 provinces and cities in Vietnam will connect with one another through a national integrated e-commerce floor, according to the Vietnam E-commerce and Digital Economy Agency under the Ministry of Industry and Trade.

The ASEAN Online Sale Day 2023, the largest online shopping event in Southeast Asia, is scheduled to take place from August 8 - 22, according to the Vietnam E-commerce and Digital Economy Agency under the Ministry of Industry and Trade.

E-commerce is one of the engines of the digital economy, and its development is becoming an imperative, experts said.

ASEAN Online Sale Day 2023, the largest online shopping event in ASEAN, is scheduled to take place from August 8 to August 22.

The vigorous growth of e-commerce in recent years has created a golden opportunity for businesses to enter the export market more conveniently.

The Ministry of Industry and Trade's E-commerce and Digital Economy Agency said it will coordinate with Amazon Global Selling to organise a cross-border e-commerce conference to help Vietnamese businesses seek online export opportunities.

Prime Minister Pham Minh Chinh on May 31 signed Directive No. 18/CT-TTg on promoting data connection and sharing for e-commerce development, preventing tax loss, and ensuring monetary security.

Vecom forecasts Vietnam’s e-commerce market will increase by 25 per cent to US$20 billion by year end.

With 85.7 points, Hanoi stands second in the Vietnam E-Business Index (EBI) 2023 rankings, following Ho Chi Minh City.

Vietnam is one of the most potential markets in the Asia-Pacific region for shoppertainment - a trend that combines online shopping with entertainment.

Vietnam’s digital economy saw the gross merchandise value (GMV) reaching US$23 billion last year, with e-commerce making up over 60%.

Vietnam’s digital economy is predicted to continue growing with a CAGR (compound annual growth rate) of 31 percent with value reaching $49 billion by 2025, according to a report about e-commerce.

Live selling is a trend that has gained popularity in Southeast Asia in recent years as a way for businesses to sell their products or services directly to consumers, according to a report conducted by Ninja Van Vietnam.

E-commerce tax from businesses and sellers will continue to be collected in 2023 as part of ongoing efforts to ensure cross-border giants declare profits and pay their taxes.

A representative of the Vietnam E-Commerce Association revealed three obstacles in the way of e-commerce platforms that make it impossible to pay tax in sellers' stead.

According to Vietnam E-Business White Paper 2022, the online marketplace is an important distribution channel in the digital era.

When the technical infrastructure and capacity were upgraded to meet the demand, the regulations about issuing e-invoices from cash registers must then be made compulsory together with the introduction of punishments for violations.