Illustrative photo (Source: VNA) Hanoi (VNA) – More than three tonnes of lychee from the northern province of Bac Giang has been exported to Germany via the e-commerce platform Voso . The Vietnam E-Commerce and Digital Economy Agency under the Ministry of Industry and Trade said this is the first time Vietnam’s agricultural products have been shipped to Europe through the “cross-border e-commerce” model on an e-commerce platform developed and operated by the Southeast Asian nation. Sponsored by Viettel Post, Voso launched its Voso Global last March, offering high-quality Vietnamese farm produce to consumers in foreign markets, especially overseas Vietnamese. The platform has optimised Viettel Post’s smart logistics system to deliver the fruit that satisfies GlobalGap standards to German customers. More farming products are expected to be put on the platform in the time ahead, thus serving consumers both at home and abroad. The Department of E-commerce and … [Read more...] about Vietnamese lychees reach EU consumers through e-commerce platform
The U.S.-based Society Pass Incorporated announced Wednesday it had bought Leflair and other intellectual properties, including the domain name, from a company in Hong Kong. The revived Leflair will expand operations to other Southeast Asian markets next year, Society Pass Inc. said. Society Pass is an e-commerce startup that specializes in connecting consumers with suppliers in Southeast Asia and South Asia. In Vietnam, Society Pass currently runs Sopa, an e-commerce platform for foods and drinks and gastronomy, and #Hottab, a supplier of solutions and marketing connections for users’ data management. Leflair was established in 2015 by two French young entrepreneurs, Loic Gautier and Pierre-Antoine Brun. It acted as an e-commerce platform for branded goods and flash sales. It did not operate as an online marketplace, but worked directly with brands and official distributors in Vietnam and overseas. In four years ending in 2019, it secured over 120,000 clients and made net … [Read more...] about E-commerce platform Leflair set for Q3 comeback
Tax authorities said they would review the roadmap of taxation collection and pilot tax withholding at some e-commerce sites. A new circular released by the Vietnamese Ministry of Finance has been criticized for affecting the operation of e-commerce platforms and their hundreds of thousands of sellers. Under Circular No. 40, which will take effect on August 1, e-commerce platforms are required to declare and pay tax on behalf of third-party sellers on the platforms. Sendo said the application of the Circular will require a team of tax professionals to classify taxable revenue and tax rates applied. Photo: Grab The circular on value-added tax, personal income tax, and tax administration for business households and individuals are expected to collect tax from some people who obtain income on electronic commerce platforms but for years have not paid taxes. The tax authorities have asked e-commerce and delivery companies to take responsibility for the tax … [Read more...] about Would withholding tax on e-commerce be possible?
Hanoi (VNA) – Repairs to the Asia Africa Europe 1 (AAE-1) undersea fiber optic cable will be delayed to July 1 and expected to complete six days later, according to the managing board of the cable. The undersea cable had a problem on its S1H.1 section on May 25, which caused disruptions to a part of services of domestic telecom providers . Repairing work was initially scheduled to start on June 22 and finish on July 13. Although the start date is postponed for eight days, repair time will be shortened. As a result, Vietnam’s internet connection with the world is projected to fully recover on July 7. The AAE-1 is among important submarine cable systems of Vietnam alongside four others of the Asia-America Gateway (AAG), the Asia-Pacific Gateway (APG), the TGN-Intra Asia Cable System (TGN-IA), and the South-East Asia - Middle East - Western Europe 3 (SMW-3)./. VNA … [Read more...] about Repairs to undersea cable scheduled to complete on July 7
Illustrative image Hanoi (VNA) - Two international undersea cable lines - Intra Asia (IA) and Asia Pacific Gateway (APG) - that make up the majority of Internet connection capacity from Vietnam to the world have encountered problems since the beginning of this year. The IA cable, connecting Vietnam with Hong Kong and other parts of Asia, experienced technical problems starting January 1. The cause was determined by a cable error on segment 1, about 49 km away from the docking station at Singapore’s cable line. The problem affects all connections to Singapore. Meanwhile, the APG cable had a problem on the S3 branch, interrupting information in the direction of connecting to Hong Kong (China), Japan. Currently, Internet service providers in Vietnam have not received any plan to repair the trouble on the two undersea cables. However, Viettel, VNPT and FPT are the providers that are using a lot of capacity on the two cable lines have diverted traffic to other undersea … [Read more...] about Repairs to Vietnam’s two undersea cables to take weeks
Massive ring selling smuggled goods via livestreaming in northern region busted The Saigon Times Tran Huu Linh (R), head of the Vietnam Directorate of Market Surveillance, inspects a product at a warehouse in Hanoi – PHOTO: VIETNAM DIRECTORATE OF MARKET SURVEILLANCE HCMC – The Vietnam Directorate of Market Surveillance on June 22 raided eight warehouses and business facilities in Hanoi and Hung Yen Province, seizing around 40 tons of smuggled goods stocked by vendors for being sold via livestreaming. The raid was led by Tran Huu Linh, head of the Vietnam Directorate of Market Surveillance, in coordination with the Hanoi City police. The forces confiscated hundreds of thousands of products without a clear origin, mainly cosmetics, fashion items and household appliances that were offered for sale via livestreaming. The first team directly led by Tran Huu Linh raided a large-scale warehouse owned by Tran Tien Quang. The owner reportedly imported the products from … [Read more...] about Massive ring selling smuggled goods via livestreaming in northern region busted