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Over 92 percent of Vietnamese firms register to use e-invoices

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.
Over 92 percent of Vietnamese firms register to use e-invoices ảnh 1Over 92 percent of Vietnamese firms register to use e-invoices (Photo: VNA)
Hanoi (VNA) – As many as 764,314 firms, or more than 92 percent of Vietnamese total, have registered to convert to electronicinvoices, according to deputy head of the General Department of Taxation DangNgoc Minh.

Over 52,770 business households and individuals nationwidehave also registered to use this kind of document.

Minh said that the use of e-invoices is a key andimportant task of the tax sector to promote digital transformation atbusinesses, financial agencies as well as other state ones.

The work will contribute to automating the way ofserving the people, the management and organisation methods in order to reformadministrative procedures, reduce costs, increase productivity of businesses,and at the same time contribute to promoting the development of e-commerce.

Vietnam launched its national e-invoice system on April 21.It is expected to help create an equal, transparent, and favourable businessenvironment for people and enterprises, thus helping improve labourproductivity and carry out the national digital transformation strategy./.
VNA
#General Department of Taxation Dang Ngoc Minh#e-invoice#digital transformation#Vietnam#Vietnamplus#Vietnam News Agency
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