Accordingly, the provincial Taxation Department established the steering committee for implementation of e-invoice and operating and supporting center for deployment of e-invoice at the provincial Taxation Department in March. The Center is functioned to supervise and monitor the e-invoice system to ensure smooth and stable operation while striving to remove difficulties and obstacles during implementation.

A training programme on use of e-invoice in the province.

According to a representative of the provincial Taxation Department, the province is home to more than 9,000 enterprises and economic organizations, 1,350 household businesses and individuals using e-invoices according to regulations.

In order to facilitate deployment of e-invoice, the provincial Taxation Department announced some regulations on e-invoice to tax payers. Besides, they provided propaganda and guidance on e-invoice for enterprises, economic organizations, household businesses and individuals. The Department also informed 10 software service suppliers to prepare information technology infrastructure meeting requirements for e-invoice supply to tax payers.

To date, more than 5,100 enterprises and economic organizations are using e-invoice in accordance with the Circular No 32/2013 of the Ministry of Finance. Since April, these cases will change to use e-invoice following the Circular No 78/2021 of the Ministry of Finance.

Dialogue seeks to settle businesses' obstacles related to tax policies

The Ministry of Finance (MoF) recently held a dialogue on tax and customs policies with the Republic of Korea (RoK)’s firms in both in-person and virtual forms.

Vietnam to impose value-added tax waiver from February

Vietnam will cut its value-added tax by 2 percentage points to 8 percent starting Feb. 1 to boost recovery after two years of Covid-19 impacts.

Value-added tax to be cut to 8 pct from February

A draft government decree reduces value-added tax on many products and services from the current 10 percent to 8 percent from Feb. 1.

Top 1,000 corporate income taxpayers in 2020 announced

The General Department of Taxation (GDT) has announced the list of top 1,000 corporate income taxpayers (V1000) in Vietnam in 2020.

Four groups of tax exemption and reduction solutions devised to support businesses and people

The Government has issued Decree No.92/2021/ND-CP, dated October 27, 2021, guiding four groups of tax exemption and reduction solutions to support businesses and people in overcoming difficulties caused by the impact of the Covid-19 epidemic.