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invoices

Taxation authority urges the implementation of e-invoices created from cash registers

Taxation authority urges the implementation of e-invoices created from cash registers

The General Department of Taxation requires effective implementation of tax management for electronic commerce activities (e-commerce) and electronic invoices (e-invoices) initiated from cash registers.
Most petrol stations issue electronic invoices for each sale

Most petrol stations issue electronic invoices for each sale

As of March 28, 15,762 petrol stations issue electronic invoices for each sale, or 98.9 per cent of the total number of petrol stations across the country.
Petrol stations told to implement new payment regulations by Marchs end

Petrol stations told to implement new payment regulations by March's end

Implementing the Prime Minister''s directions, the MoIT said resources must be made available to ensure businesses make a smooth transition to allow cashless payments. 
Tightening management of purchase and sale of e-invoices to evade taxes

Tightening management of purchase and sale of e-invoices to evade taxes

GDT would urge and speed up the implementation of electronic invoices with the tax agency''s code initiated from cash registers nationwide in the coming time, said Pham Quang Toan, head of the GDT''s IT Department.
HCM City speeds up use of invoices generated from cash registers

HCM City speeds up use of invoices generated from cash registers

The municipal Department of Taxation has been directed to collaborate with departments, sectors, the people’s committees of Thu Duc City and districts, and relevant units to put the scheme into action.
Action taken to boost the generation of e-invoices from cash registers

Action taken to boost the generation of e-invoices from cash registers

Generating e-invoices from cash registers was convenient for taxpayers. It also supports tax authorities in having database of goods and services transactions to serve the tax management and combat frauds and tax evasion.
VN to force retail establishments in some sectors to generate e-invoices from cash registers

VN to force retail establishments in some sectors to generate e-invoices from cash registers

When the technical infrastructure and capacity were upgraded to meet the demand, the regulations about issuing e-invoices from cash registers must then be made compulsory together with the introduction of punishments for violations
Pessimistic outlook for tax collection towards year end

Pessimistic outlook for tax collection towards year end

Digital transformation has facilitated tax payment, giving a boost to tax revenues over the year. However, global economic uncertainties continued to depress Viet Nam''s economy and offset the technological impact.
VCCIs new comments on the draft on taxation in e-commerce

VCCI's new comments on the draft on taxation in e-commerce

Vietnam Chamber of Commerce and Industry (VCCI) has recently made additional comments on the draft amending Decree 126 on taxation and invoices, repeating its disapproval of e-commerce platforms’ paying tax on behalf of vendors.
Viet Nam starts e-invoice programme nationwide

Viet Nam starts e-invoice programme nationwide

Electronic invoices, or e-invoices, play a vital role in creating a transparent and fair business environment, a more streamlined administrative process, higher productivity, and are an integral part of Viet Nam''s national strategy for digitalisation.
Businesses eager to use e-invoices

Businesses eager to use e-invoices

As many as 263,182 businesses registered to use e-invoices after one month of piloting e-invoices in six provinces and cities, accounting to 71 per cent of the total enterprises and organisations in the localities, according to the General Department of Taxation...
Viet Nam rolls out electronic invoices

Viet Nam rolls out electronic invoices

The General Department of Taxation started to issue electronic invoices (or e-invoices) yesterday in Ha Noi, HCM City, Binh Dinh, Quang Ninh, Hai Phong and Phu Tho.
Cash registers at select businesses to connect to tax authorities by 2022

Cash registers at select businesses to connect to tax authorities by 2022

It is expected that commercial centres, supermarkets, restaurants, and pharmacies will use electronic invoices with tax authority''s code generated from cash registers connected to tax authorities from July 1 next year.
Six cities and provinces to pioneer in use of e-invoices

Six cities and provinces to pioneer in use of e-invoices

The move aims to help clamp down on tax fraud by using a big data system able to handle a large number of transactions.
Ha Noi firms to apply tax e-invoices

Ha Noi firms to apply tax e-invoices

All businesses in Ha Noi will switch to e-invoices as of late September, according to the capital city’s Taxation Department.