Economy

Cumulative tax contributions from organisations and individuals engaged in e-commerce totalled 108 trillion VND (4.25 billion USD) in the first 11 months of this year, according to the General Department of Taxation.

Vietnam's consumer price index (CPI) for November rose by 0.13% from the previous month and 2.77% compared to the same period last year, announced the General Statistics Office (GSO) on December 6.

The model of growing vegetables and raising shrimp applying high technology has been expanded to help farmers in Can Giuoc district, Long An province have sustainable profits while protecting the environment.

From being a minor exporter prior to 2013, Vietnam rose to number eleven in the global rankings of top exporters by 2023, emerging as a surprise player in global trade.

To achieve the goal of comprehensive, modern and sustainable agricultural and rural development, Long An has promoted restructuring of the agricultural sector in association with new rural construction.

In recent times, cooperatives in Long An province have grown in quantity but their quality still has certain limitations. Therefore, strengthening and developing cooperatives is an issue of concern to all levels and sectors.

Vietnam's rubber sector in general, and processing and export enterprises in particular have taken actions to comply with the EU’s Deforestation Regulation in order to avoid any impact on rubber exports to the EU market.

In recent times, the Department of Science and Technology has supported enterprises in improving productivity and quality based on the application of standards, technical regulations, management systems and tools.

The wood sector expects to earn 15.5-16 billion USD from exports this year, given a nearly 21% growth rate to 13.18 billion USD in the first 10 months.

Not only investing in developing modern farming models, farmers are also changing their production mindset, shifting from traditional farming to organic farming, applying high technology.

The increasing demand for clean and safe products has created an urgent need for the transformation of the agricultural sector. Realizing this, many green agricultural models have been implemented.

E-commerce and digital platforms with payment functions will have to declare and pay taxes on behalf of sellers being business households and individuals from April 1, 2025.