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From July 1, 2025, platforms must withhold and remit VAT on behalf of individual sellers, as mandated by Decree 117 under Vietnam’s updated VAT law.
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Platforms must adapt systems to classify sellers, validate residency, and issue VAT-compliant invoices and tax certificates—despite limited time and unclear procedures for foreign operators.
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To meet VAT obligations, platforms must collect personal data, triggering compliance issues with Vietnam’s data protection laws and complicating lawful cross-border data processing.
Source: GVC
