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How will Saigon track down Facebook retailers to collect tax?

How will Saigon track down Facebook retailers to collect tax?

Tax officials are reaching out to 13,500 retailers in their database, but they admit this will be a very tough task.
Ho Chi Minh City to crack down on tax-evading Facebook retailers

Ho Chi Minh City to crack down on tax-evading Facebook retailers

The tax man is threatening to shut down social media accounts.
July 10, 2017 | 08:56 pm PT
The rise of social network retailers in Vietnam

The rise of social network retailers in Vietnam

While online retailers are forced to accept million-dollar losses to gain market share, informal Facebook retailers are striking it rich.
May 20, 2018 | 10:18 pm PT
Thai retailer Central Group has $500 mln expansion plans in Vietnam

Thai retailer Central Group has $500 mln expansion plans in Vietnam

Thailand’s largest retailer Central Group says it plans to invest $500 million to expand its operations in Vietnam.
August 23, 2018 | 08:17 pm PT
E-commerce giants rake in losses as market share war continues

E-commerce giants rake in losses as market share war continues

In for the long haul, online retailers are willing to ignore losses, focusing on promotions to attract more customers.
September 4, 2018 | 09:29 pm PT
Genuine watches market heats up

Genuine watches market heats up

Retail giant Mobile World is the latest player to offer genuine branded watches, following jewelry retailers PNJ and DOJI. 
March 12, 2019 | 12:22 am PT
Nearly half of Vietnamese shoppers buy premium products online

Nearly half of Vietnamese shoppers buy premium products online

Forty-eight percent of Vietnamese consumers buy premium products online from local retailers, with cosmetics the top category, a report says.
March 21, 2019 | 05:23 pm PT
US ban on Huawei not to hit Vietnam hard: report

US ban on Huawei not to hit Vietnam hard: report

Vietnamese retailers will not be affected too much by the U.S. ban on Huawei, a major stock brokerage says.
May 29, 2019 | 02:40 am PT
Vietnam FMCG sales growth second fastest in Southeast Asia

Vietnam FMCG sales growth second fastest in Southeast Asia

Vietnam reported the second fastest growth in sales of fast-moving consumer goods (FMCG) in Southeast Asia last year, market research firm Nielsen says.
May 30, 2019 | 05:37 am PT
Uniqlo to launch two more outlets in Hanoi

Uniqlo to launch two more outlets in Hanoi

Japanese fashion brand Uniqlo has announced plans to open two more stores in Hanoi, taking its total number in Vietnam to six.
August 24, 2020 | 11:30 pm PT
Electronics chains locked in expansion race

Electronics chains locked in expansion race

Small and big electronics chains in Vietnam are quickly expanding their operations as the ongoing Covid-19 pandemic increases demand for mobile devices.
May 18, 2021 | 05:21 pm PT
Japanese retailer Muji opens first store in Hanoi

Japanese retailer Muji opens first store in Hanoi

Japanese chain retailer Muji opened its first store in Hanoi on Saturday after opening one in HCMC last November.
July 3, 2021 | 02:45 am PT
Supermarkets appeal for government help

Supermarkets appeal for government help

Faced with prolonged losses due to the Covid-19 pandemic, supermarkets want tax breaks and a reduction in the cost of testing for the disease.
August 20, 2021 | 07:41 pm PT
Japanese retailer’s struggles with Covid restrictions

Japanese retailer’s struggles with Covid restrictions

Japanese retailer Sakuko is struggling with logistics issues and mobility restrictions in Vietnam caused by the Covid-19 pandemic.
September 15, 2021 | 10:27 pm PT
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