Tax Payment In February: Facebook, Google, Tiktok Contribute Nearly VND 2.8 Trillion

Technology giants such as Facebook, Google, TikTok, and many other foreign service providers have significantly contributed to the state budget by paying nearly VND 2.8 trillion in taxes in February 2025 alone. This information was released by the General Department of Taxation (Ministry of Finance), indicating an impressive increase in tax management for online business activities.

Impressive Total Tax Revenue In February 2025

According to a report from the General Department of Taxation, the total budget revenue managed by the tax authorities in February 2025 reached VND 192.36 trillion, equivalent to 11.2% of the estimate and a remarkable 70.1% increase compared to the same period in 2024. This includes:

• Revenue from crude oil reached VND 4.454 trillion, equal to 8.4% of the estimate and 91.1% compared to the same period in 2024.
• Domestic revenue reached VND 187.905 trillion, equivalent to 11.3% of the estimate and a strong growth of 73.7% compared to the same period in 2024.

Surging Tax Revenue From Inspections, Examinations, And E-Commerce

Notably, the first two months of 2025 witnessed a substantial increase in revenue from tax inspections and examinations. The tax authorities conducted 8,339 inspections and examinations, achieving 12.4% of the plan and a 75% increase compared to the same period. The total proposed handling amount reached VND 13.37 trillion, a 174% increase compared to the same period, including:

• Increased revenue: VND 3.309 trillion
• Reduced deductions: VND 392 billion
• Reduced losses: VND 9.670 trillion

In the area of e-commerce tax management, the tax authorities reported that 130 foreign service providers, including giants such as Meta (Facebook), Google, and TikTok, have registered, declared, and paid taxes through the dedicated portal. The total tax revenue collected from this group is estimated at VND 2.791 trillion in February 2025 alone.

In addition, over 33,000 business households and online individual businesses have also registered, declared, and paid taxes on the e-commerce portal for business households and individuals, with a total payment of nearly VND 160 billion.

Strong increase in tax revenue from foreign providers compared to the previous year

A noteworthy point is that the tax revenue from foreign service providers in February 2025 was equivalent to nearly one-third of the total revenue from this group in the entire year of 2024. Specifically, in 2024, the tax authorities collected VND 8.687 trillion in taxes from these foreign service providers.

Changes In E-Commerce Tax Management From April 1, 2025

According to the revised Law on Tax Administration passed by the National Assembly, from April 1st, e-commerce platforms and digital platforms with payment functions will be responsible for withholding and remitting taxes on behalf of sellers for each transaction.

The Ministry of Finance expects that this new regulation will significantly reduce administrative procedures for online sellers while enhancing the effectiveness of tax management for the growing online business sector.

Continued Growth Of Vietnam’s E-Commerce Market

Currently, there are nearly 725,000 organizations and individuals doing business on e-commerce platforms nationwide, with a total transaction value of up to VND 75 trillion.

Tax management data from 2022-2024 shows a continuous upward trend in tax revenue from e-commerce businesses and individuals, from VND 83 trillion in 2022 to VND 97 trillion in 2023, and an estimated VND 116 trillion in 2024. The tax authorities are also actively coordinating with relevant ministries and agencies to connect and share data, having already collaborated with the Ministry of Industry and Trade to share data on 929 websites and 284 applications providing e-commerce services.

Strengthening Management And Sanctions In The E-Commerce Sector

The General Department of Taxation has directed the directly managing tax authorities of organizations owning websites/apps providing e-commerce services to conduct reviews and comparisons to identify actually operating e-commerce platforms and request information.

In the near future, the Ministry of Finance will continue to study and propose amendments to the Law on Tax Administration, the Law on E-commerce, and related guiding documents to require logistics service providers and e-commerce platform managers to provide information on tax payment of e-commerce businesses and individuals, including those involved in livestream selling and affiliate marketing.

The Ministry of Finance will also coordinate with relevant ministries and agencies to propose amendments to specialized legal documents to strengthen sanctions against e-commerce platforms that violate laws related to the e-commerce sector.