Keyword: "e-invoice"

Under a draft to amend and supplement the Government's Decree 125/2020/ND-CP on administrative sanctions for violations of tax and invoice regulations, the Ministry of Finance has proposed classifying the failure to issue invoices into five different levels. Infraction levels will correspond to fines of 1 million VND to 80 million VND, depending on the nature and number of invoicing violations.

As many as 92,080 business establishments had registered to use e-invoices generated via cash registers by the end of 2024, rising 2.3-fold from the previous year, heard a recent conference reviewing finance and state budget affairs.

Generation of e-invoices for all gold transaction will ensure transparency for the gold market, which has gone volatile over the past time, according to experts.

The Ho Chi Minh City People's Committee has asked relevant departments and agencies to apply measures to accelerate the use of e-invoices generated from cash registers, towards ensuring the implementation of the set roadmap.

The central province of Thanh Hoa collected about 26.33 trillion VND (1.12 billion USD) to the State budget in the first six months of this year, completing 94% of its plan for the period.

As many as 764,314 firms, or more than 92 percent of Vietnamese total, have registered to convert to electronic invoices, according to deputy head of the General Department of Taxation Dang Ngoc Minh.

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 percent of the total enterprises and organisations in the localities, according to the General Department of Taxation (GDT).

The number of firms using e-invoice has increased significantly in recent years due to its convenience and cost effectiveness.

The online tax refund pilot project would be implemented in 13 municipal taxation departments this year and expanded in 2017.