As of 1st November 2020, e-invoicing will be mandatory in Vietnam. Approval of decree 119 regulating e-invoicing in September 2018 ends the two-year transition period.
The decree represents a decisive step for Vietnam which will serve to advance digitalization and make e-invoicing common practice in the public and private sector (B2B2G). The aim of the decree is to increase business competitiveness and to combat tax fraud.
Source: Edicom
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