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Vietnam ministry strengthens tax administration for e-commerce

There have 140,615 downloads and installs of the eTax Mobile from March 2022, and 69,465 transactions via commercial banks totaling over VND 308 billion ($12.6 million), according to the Ministry of Finance.

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The State Bank of Vietnam expands the exchange rate band to 5%.

The State Bank of Vietnam agreed to increase the dollar-dong trading band from 3% to 5% from Oct. 17.

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Vietnam’s overseas investment can top $1 billion annually

Overseas investment by Vietnamese firms is growing and can surpass $1 billion annually, from about $700 million at present, said Chairman of the Vietnam Association of Foreign Invested Enterprises Nguyen Mai.