E-commerce Tax Revenue Reaches Record High of 4.2 Billion USD

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The cumulative tax contributions from e-commerce businesses and individuals have reached a staggering 108 trillion VND, equivalent to 4.25 billion USD, in the first 11 months of this year. This significant growth in tax revenue highlights the booming e-commerce industry, with online shopping and digital payments on the rise. As the General Department of Taxation reports, e-commerce tax, online business, and digital economy are experiencing unprecedented expansion, driving economic growth and development. With the increasing popularity of e-commerce platforms, tax revenue is expected to continue growing, contributing to the country's economic prosperity.