This amounted to 74% of the annual target and marked a 26% year-on-year increase.

An employee counts Vietnamese banknotes at a bank in Hanoi.

According to the department, foreign withholding tax collected from companies offering cross-border digital services fluctuated over the 2019-2021 period, amounting to nearly VND1.17 trillion in 2019, over VND1.14 trillion in 2020, and more than VND1.59 trillion in 2021.

The department said there are ongoing challenges to managing taxes for cross-border e-commerce. Transactions in this sector are conducted entirely online and reach end consumers directly, making it difficult to comprehensively track revenue.

Additionally, some foreign suppliers without a permanent establishment in Vietnam can easily evade their tax obligations.

To address these issues, the department has been implementing various measures, including improving the legal framework, applying technology, enhancing the database, and boosting communications.

Efforts have focused on building a Big Data repository using information from banks, e-wallets, online payment service providers, and international card organizations.

The department is also exploring the application of advanced technologies such as artificial intelligence (AI) to identify and monitor cross-border e-commerce payments.

NA deputies and fertiliser producers call for VAT tax benefits

National Assembly deputies have been debating whether a 5% VAT tax on fertilisers should be reintroduced.

Bac Giang collects more than 34 billion VND in non-state tax through digital maps

BAC GIANG - To improve the effectiveness of state tax management for business households, implementing the direction of the Ministry of Finance and the General Department of Taxation, this year, the Tax sector of Bac Giang province focuses on applying digital map of business households in the whole province.

Vietnam province proposes using flying taxis for tourism

Central Binh Dinh Province, home Quy Nhon beach city, has proposed introducing flying taxis to boost tourism and enhance sustainable development in the region.

Nineteen State-owned enterprises estimate pre-tax profit of over 2 bln USD

Pre-tax profit of parent companies of 19 corporations and parent companies under the Commission for Management of State Capital at Enterprises (CMSC) is estimated to reach 50.36 trillion VND (2.08 billion USD) in the first nine months of the year.

ASEAN to develop unified, equitable, effective tax system

The 19th Meeting of the Working Group on the ASEAN Forum on Taxation (WG-AFT 19) and the 16th Meeting of the ASEAN Sub-Forum on Excise Taxation are taking place in Luang Prabang province of Laos from October 14-16.

Over 5.2 trillion VND of tax debt collected

BAC GIANG - According to the Bac Giang Provincial Taxation Department, since the beginning of the year, the tax sector has collected more than 5.2 trillion VND (224.8 million USD) of tax debt.