They included the collection from foreign investment business, non-state owned business, central state owned business, local state owned business, public fund, fee and charge, lottery, licensing the right of mining and other budgets.

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Typically, the collection from foreign investment business hit 1,395 billion VND (58.8 million USD), non-state-owned business (400 billion VND), central state-owned business (95 billion VND) among others.

To gain the above result, basing on the assigned estimation, the provincial Taxation Department has appointed specific collection for the competent divisions and regional Taxation Sub-Department since early this year. On every two weeks, the provincial Taxation Department holds meeting to evaluate the collection result, capture arising difficulties and obstacles for timely settlement.

Also, the Department actively reviews and urges companies to make taxation declaration and payment timely; facilitate the enterprises and business households to pay tax online so as to save the time.

Particularly, since early this year, many firms have boosted production and business activities, invested more capital, hence gaining higher revenue and contributing more to the local budget.

E-commerce platforms do not have to pay taxes on behalf of sellers

E-commerce platforms do not have to pay taxes on behalf of sellers, and are only responsible for providing information to the authorities.

Vietnam collects $146M in taxes from online platforms such as Facebook, Google

Forty-two foreign suppliers, including Facebook, Google and TikTok, have paid VND3.44 trillion ($146.40 million) in taxes to Vietnam this year, according to the new portal of the General Department of Taxation.

E-commerce platforms free from filing tax on vendor behalf

E-commerce platforms like Shopee, Tiki or Lazada will not have to file tax on vendors’ behalf and instead only provide authorities with their revenue and other details.

Vietnam collects $231 mln in taxes from online platforms

The Finance Ministry said online platforms including Facebook and Google have paid VND5.59 trillion (US$231.6 million) in taxes from 2018 to August this year.

Scrap special consumption tax on gasoline: VCCI

Reducing special consumption tax on gasoline to zero and cutting value-added tax by half will provide positive impacts amid global uncertainties, the Vietnam Chamber of Commerce and Industry (VCCI) proposed.