A report by the Ministry of Finance showed that as of end-February, the entire tax system had completely eliminated some subdepartments of taxation, dropping from 711 subdepartments of taxation to 415, equivalent to 102% of the plan and 10 months earlier than planned. … [Read more...] about PM orders tax payments rescheduled to assist virus-affected firms
Ordering shoes online size
Passengers at Cam Ranh International Airport in the south-central coastal province of Khanh Hoa receive leaflets on coronavirus infection prevention – PHOTO: VNA HCMC – Prime Minister Nguyen Xuan Phuc has urged authorities to keep staying vigilant and adopt measures to prevent the spread of the novel coronavirus. … [Read more...] about PM orders stricter measures to contain coronavirus spread
Several e-commerce platforms announced to close or stopped operations in silence in the past months. Of which, the biggest closing is that the Vingroup announced its withdrawal from the direct retail sector to focus resources on the industrial and technological sectors. Accordingly, its Adayroi website would be merged into VinID by the end of December last year. Figures by iPrice showed that the website traffic of Adayroi reached 6-7 million hits per quarter, just behind other large e-commerce platforms, such as Shopee, Tiki, Lazada, and Sendo. Similarly, on December 25 last year, CEO of Lotte.vn sent notifications to suppliers and customers of Lotte.vn, saying that as of January 20 this year, the website would stop providing its services to customers. Suppliers and customers can continue to supply goods or trade with the Lotte Mart Head Office. Earlier, in March last year, fashion e-commerce platform Robin Online, formerly Zalora, also unexpectedly announced to halt all its … [Read more...] about E-commerce: a fierce race
On the other hand, due to delays in shipment of import and export activities caused by the COVID-19 outbreak, there are challenges for suppliers and traders to produce, distribute and stock goods. This will likely result in an uplift in price, which might demotivate consumer spending during the fight against the COVID-19, the company said. … [Read more...] about What effect will COVID-19 have on Vietnam’s FMCG market?
Aus4Reform is built on the reform momentum achieved through previous Australian-supported programmes, including “Beyond WTO” and “Restructuring for a more Competitive Vietnam”. It assists the development and implementation of economic policies, laws and institutions critical to helping Vietnam’s economy meet its potential. … [Read more...] about Women-led businesses on the rise