However, according to Decree 71/2007/ND-CP detailing and guiding the implementation of a number of articles of the Law on Information Technology, specifically Articles 8, 9, 10, 11 of Section 1, Chapter 2, games are generally considered digital information content products. Therefore, games on Steam are subject to 10% VAT in accordance with the current law. This is the selling price currently applied when paying by the method of domestic banks affiliated with VTC Pay. … [Read more...] about Steam, Netflix do business in Vietnam without paying taxes
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Broken undersea cables need several weeks to be repaired
An illustration of an undersea Internet cable – PHOTO: VNA HCMC – IA and APG, two international undersea Internet cables in Vietnam that have recently broken down and caused disruptions in Internet services, will need several weeks to be repaired, according to the Vietnam News Agency. … [Read more...] about Broken undersea cables need several weeks to be repaired