Preparing to apply e-invoices for 2nd phase nationwide

VCN - The Tax sector is focusing its resources on applying e-invoices for the second phase nationwide from March 2022 according to the schedule, goals and requirements set forth.
Deploying e-invoices: Impressions of the financial industry in 2021 Deploying e-invoices: Impressions of the financial industry in 2021
Quickly implementing electronic invoice for business households Quickly implementing electronic invoice for business households
Promoting the application of AI in tax management Promoting the application of AI in tax management
Illustrative photo: Internet
Illustrative photo: Internet

After pressing the button to officially launch e-invoices according to the new regulations on November 21, 2021, six provinces and cities implementing e-invoices for the first phase include Hanoi, Ho Chi Minh City, Quang Ninh, Hai Phong, Phu Tho and Binh Dinh. They have applied e-invoices for businesses and organizations in the areas. Given many efforts, so far these tax departments have obtained remarkable results when covering e-invoices to all businesses and people in the areas.

To deploy e-invoices according to the roadmap, the General Department of Taxation requested the Standing Unit for e-invoices implementation as the Information Technology Department and the e-invoice management center of the General Department of Taxation to mobilise resources to carry out e-invoices for phases 1B and 2 nationwide from March 2022 according to the schedule, objectives and requirements set forth.

Over 99.5% of businesses in Ha Noi register to use e-invoices Over 99.5% of businesses in Ha Noi register to use e-invoices

VCN – Ha Noi Tax Department has strengthened tax administration reform and modernization.

The General Department of Taxation requested the unit to urgently prepare documents, roadmaps, specific plans and report to the Steering Committee to hold online meetings with 57 provinces and cities.

By Thuy Linh/ Huyen Trang

Related News

Ho Chi Minh City Customs has many initiatives and creativity to perform its tasks: Minister Ho Duc Phoc

Ho Chi Minh City Customs has many initiatives and creativity to perform its tasks: Minister Ho Duc Phoc

VCN - On June 14, Minister of Finance Ho Duc Phoc had a working session with the Ho Chi Minh City Customs Department. Also attending the meeting were Director General of the General Department of Taxation Mai Xuan Thanh; Deputy Director General of the General Department of Customs Dinh Ngoc Thang and representatives of a number of units under the Ministry of Finance and General Department of Customs.
HCM City Customs takes measures to increase state revenue

HCM City Customs takes measures to increase state revenue

VCN – According to HCM City Customs Tax Department, there are many reasons for the state revenue reduction, so the department has provided eight solutions to fulfil the State revenue target in 2024.
Ministry of Finance proposes seven solutions for combating tax evation for e-commerce

Ministry of Finance proposes seven solutions for combating tax evation for e-commerce

VCN - Vietnam e-commerce will reach US$30.5 billion in 2035 hence according to Minister of Finance Ho Duc Phoc, it will pose challenges to the management of tax, quality of goods, and anti-fraud.
Developing State budget estimates for 2025: carefully taking factors increasing, decreasing and shifting revenues into account

Developing State budget estimates for 2025: carefully taking factors increasing, decreasing and shifting revenues into account

VCN - The Ministry of Finance is developing a circular guiding the development of state budget estimates for 2025 and the 3-year state budget and financial plan for the 2025-2027 period; 5-year financial plan for the 2026-2030 period.

Latest News

Completing site clearance and accelerating disbursement of public investment in key transportation projects

Completing site clearance and accelerating disbursement of public investment in key transportation projects

VCN - By the end of April 2024, the total disbursed capital of nine important national projects in the transportation industry reached 17.6% of the assigned plan, reported by the Ministry of Finance.
Fed’s latest rate decision won

Fed’s latest rate decision won't have significant impact on Việt Nam

The dollar depreciation is also a good sign for Việt Nam’s import activities, with global raw material prices expected to decrease and inflationary fears for imports receding.
Enterprises expect the stock market to be upgraded by 2025

Enterprises expect the stock market to be upgraded by 2025

VCN - Vietnam is in the final stages of completing the remaining criteria for the stock market to be upgraded to an emerging market after nearly 10 years of starting the stock market upgrade process. According to assessments, the upgraded stock market to an emerging market will bring benefits in many aspects, especially in terms of reputation as well as the ability to attract foreign capital flows. Currently, enterprises are very hopeful about the market's upgrade ability in 2025.
Banks are ready to deploy biometric authentication

Banks are ready to deploy biometric authentication

VCN - According to Decision No. 2345/QD-NHNN dated December 18, 2023 of the State Bank, which will take effect from July 1, money transfer transactions over 10 million VND/time or over 20 million VND/day will require facial authentication. Accordingly, banks are urgently preparing to be ready to implement new regulations within the set deadline.

More News

13 cases subject to direct tax registration with Tax authority

13 cases subject to direct tax registration with Tax authority

VCN – The Ministry of Finance collects comments on a draft Circular guiding tax registration to replace Circular 105/2020/TT-BTC. According to the draft, if the National Population Database
Ministry of Finance: Focusing on improving independent audits

Ministry of Finance: Focusing on improving independent audits

VCN - According to Minister of Finance Ho Duc Phoc, in recent times, the Ministry of Finance has focused on improving the quality of independent audits through training, inspection, and examination.
Digitizing the process, banks actively lend online

Digitizing the process, banks actively lend online

VCN - Many banks promote online lending to save time and costs for both parties and creating conditions to promote credit growth.
The finance sector

The finance sector's firm stance on combating tax evasion in e-commerce

VCN - Addressing and clarifying some opinions raised by National Assembly deputies during the questioning session on issues related to the commerce and industry sectors on the afternoon of June 4, Minister of Finance Ho Duc Phoc stated that in the coming period, the finance sector would rigorously enforce tax collection on e-commerce to ensure fairness in the fulfillment of taxpayers' obligations.
Total State revenue managed by Tax sector is estimated at VND767,415 billion

Total State revenue managed by Tax sector is estimated at VND767,415 billion

VCN – The total state revenue in the first five months of 2024 managed by the Tax authority is estimated at VND 767,415 billion, meeting 51.6% of the target and 114.9% year-on-year.
Tax sector cooperate with Police agency to prevent fraud of tax invoice

Tax sector cooperate with Police agency to prevent fraud of tax invoice

VCN - Over the years, the acts of law violation on electronic tax invoices took place complicatedly with many different tricks. To prevent fraud, the tax sector has applied several drastic measures, including strengthening cooperation with the Police agency.
Over 4.49 billion USD raised through G-bond auctions in five months

Over 4.49 billion USD raised through G-bond auctions in five months

The State Treasury mobilised more than 127 trillion VND (4.49 billion USD) from G-bond auctions on the Hanoi Stock Exchange (HNX), or 31.76% of the annual plan.
Five-month budget revenue reached half of the whole year 2024 revenue estimate

Five-month budget revenue reached half of the whole year 2024 revenue estimate

VCN - According to the Ministry of Finance, in May 2024, total state budget revenue is estimated to reach VND150.9 trillion. In the first five months of 2024, total budget revenue is estimated to reach VND898.4 trillion, equal to 52.8 percent of the estimate.
Bank savings of individual customers recover while institutional savings decline

Bank savings of individual customers recover while institutional savings decline

Deposits of individual customers at banks have increased again since February this year, after declining in January, the latest statistics from the State Bank of Vietnam (SBV) showed.
Read More

Your care

Latest Most read
Completing site clearance and accelerating disbursement of public investment in key transportation projects

Completing site clearance and accelerating disbursement of public investment in key transportation projects

VCN - By the end of April 2024, the total disbursed capital of nine important national projects in the transportation industry reached 17.6% of the assigned plan, reported by the Ministry of Finance.
Fed’s latest rate decision won

Fed’s latest rate decision won't have significant impact on Việt Nam

The dollar depreciation is also a good sign for Việt Nam’s import activities, with global raw material prices expected to decrease and inflationary fears for imports receding.
Enterprises expect the stock market to be upgraded by 2025

Enterprises expect the stock market to be upgraded by 2025

Vietnam is in the final stages of completing the remaining criteria for the stock market to be upgraded to an emerging market after nearly 10 years of starting the stock market upgrade process.
Developing State budget estimates for 2025: carefully taking factors increasing, decreasing and shifting revenues into account

Developing State budget estimates for 2025: carefully taking factors increasing, decreasing and shifting revenues into account

VCN - The Ministry of Finance is developing a circular guiding the development of state budget estimates for 2025 and the 3-year state budget and financial plan for the 2025-2027 period; 5-year financial plan for the 2026-2030 period.
Ministry of Finance proposes seven solutions for combating tax evation for e-commerce

Ministry of Finance proposes seven solutions for combating tax evation for e-commerce

Vietnam e-commerce will reach US$30.5 billion in 2035 hence according to Minister of Finance Ho Duc Phoc, it will pose challenges to the management of tax, quality of goods, and anti-fraud.
Mobile Version