Tag: "household businesses"
Over 81% of household businesses in Vietnam report revenue decline in 2025

Over 81% of household businesses in Vietnam report revenue decline in 2025

Economy 17:21 17/05/2026

Vietnam had an estimated 6.1 million household businesses by the end of 2025, but more than 81 percent reported declining revenue and nearly one-quarter recorded break-even results or losses during the year, according to a report released by the Vietnam Chamber of Commerce and Industry (VCCI).

Vietnamese small retailers in confusion: How to sell goods without invoices?

Vietnamese small retailers in confusion: How to sell goods without invoices?

Economy 14:14 06/06/2025

As Vietnam tightens tax regulations, many small business owners and individual retailers are grappling with confusion over how to comply, especially when it comes to declaring revenue, using electronic invoices, and handling goods that were purchased without proper documentation.

COVID-19 blamed for one-third of Hanoi’s defunct household businesses in Jan, Feb

COVID-19 blamed for one-third of Hanoi’s defunct household businesses in Jan, Feb

Economy 15:48 13/03/2020

The hardest-hit sectors include accommodation, catering, and any business that involves dealing with China