State Treasury promotes cashless payment

State Treasury promotes cashless payment

After a short time of implementing the Scheme on Cashless Payment, cash transactions through State Treasuries drop rapidly
Vietnam’s taxman says VAT collection related to L/Cs lawful

Vietnam’s taxman says VAT collection related to L/Cs lawful

VCN- Vietnam’s top taxman recently requested its local tax departments instruct credit institutions on procedures for value added tax declaration and payment related to LCs.
Minimise cash transactions via State Treasury system

Minimise cash transactions via State Treasury system

By strictly implementing the process and coordinating to collect revenue with commercial banks in the area, the amount of cash transactions through the State Treasury has almost disappeared
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