E-commerce has been on the rise in Vietnam, in the next few years, over 70 percent of Vietnam’s 100 million population is expected to be using e-commerce transactions. For establishing e-commerce, Vietnam offers one of the most favorable legal environments in the ASEAN region. The country has enacted several specific laws, guiding on many different sectors of e-commerce activities. The recent development of the country’s ecosystem of transportation, delivery, and fulfillment services is centered predominantly around the e-commerce sector. Companies operating in the e-commerce industry shall have to experience challenges in relation to legal, tax, transfer pricing, etc. during their operation in Vietnam.
RSM professionals work with a range of businesses, many of our clients—such as those in online travel booking platforms, online food ordering platforms, online ride-hailing platforms, payment intermediary platforms and other subsectors—exist at the convergence point between E-commerce and other industries.