Vietnam National Petroleum Group (Petrolimex) will officially issue electronic invoices to replace ordinary paper bills from Sunday. The decision follows the Ministry of Finance’s Circular No 32/2011/TT-BTC, issued on March 14, 2011, guiding the creation, issuance and use of e-invoices for goods and services.

According to Deputy General Director Tran Ngoc Nam, the issuance of electronic invoice will help to effectively make use of the information technology system in production and business activities of the enterprise, ensuring compliance with the trend of the Fourth Industrial Revolution.

Nam, who also heads Petrolimex’s electronic invoice project, said e-invoice was an inevitable trend and contributed to the reduction of printing costs, preservation of data, increase in the transparency of petrol business activity and simplification of administrative procedures, thereby making it convenient for customers.

It would also be easier for the State management agencies to search for information to supervise, Nam said, highlighting that the move would benefit consumers, State and businesses and ensure convenience, safety and accuracy.

Customers can easily access the electronic invoice by receiving the search code via email address or receipt and then visiting the website, www.petrolimex.com.vn, to get the bill.

The e-invoices will be stored in the form of data files that will be kept on Petrolimex’s server for 10 years with back-ups, so there is no fear of the data getting lost or damaged. Instead, it will make it convenient to manage goods and expenses.

To implement the decision, Petrolimex has researched and deployed the project since May 19, 2015, and the solution provider is VNPT-Vinaphone-Dakta joint venture. — VNS