Vietnam to enhance management of e-commerce activities
Hanoi (VNS/VNA) - The Ministry of Finance is building a draft scheme on the management of e-commerce activities for imports and exports.
The draft aims to improve State agencies’ efficiency in
control of e-commerce activities to stop tax evasion, violations of regulations
on commodities, intellectual property and origin, and transporting banned goods
to Vietnam and vice versa.
It also offers solutions to develop Vietnam’s e-commerce
activities, such as simplifying customs and specialised inspection procedures,
aiming to protect the interests of manufacturers, traders and consumers.
However, due to limited human resources, time and funding,
the draft focuses on solutions to control and facilitate trading on e-commerce
trading floors or websites. The project does not cover sales on applications
such as Zalo and Facebook.
Subjects of this plan include State management agencies
related to e-commerce activities such as customs, tax, specialised management
and e-commerce management agencies; buyers (organisations and individuals);
salespeople; owners of e-commerce trading floors; enterprises transporting
export and import goods; enterprises that are agents for e-commerce trading
floors; e-commerce websites selling goods and services; and enterprises that
are agents implementing customs clearance, reported ictnews.vn.
According to a report by Google and Singaporean investment
management firm Temasek, the size of the Vietnamese e-commerce market will
increase by 5.3 times in the next seven years from 2.8 billion USD in 2018 to 15
billion USD in 2025.
Meanwhile, the Vietnam E-commerce Association’s report on
Vietnam E-commerce Index (EBI) in 2017-2019 said the average annual growth rate
of Vietnam’s e-commerce market is from 25 percent to 30 percent.
If Vietnam maintains this growth rate, the market size in
2025 will be ranked third in Southeast Asia, after Indonesia and Thailand.
Currently, Vietnam has e-commerce platforms such as Lazada,
Tiki, Shopee, Sendo, Adayroi and the growth rate of these sites is very high,
with cross-border e-commerce activities increasing rapidly.
Therefore, management agencies need to change their approach
to help develop the market.
E-commerce activities in Vietnam are under the management of
the Ministry of Industry and Trade and the Ministry of Finance. The Ministry of
Industry and Trade manages licensing for e-commerce trading floors while the
Ministry of Finance manages import and export taxes and control import and
export goods via e-commerce platforms.
The scheme on management of e-commerce activities for import and export goods is under a programme to promote the National Single Window and ASEAN Single Window, reform the specialised inspection of import and export goods and facilitate trade activities in 2018-2020.-VNS/VNA