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Vietnam Expands E-Invoicing to Businesses with Sales Over VND 1 Billion

  • The Vietnamese Finance Ministry plans to require e-invoicing for businesses with sales above VND 1 billion.
  • Businesses with adequate IT can register for coded e-invoices or use connected cash registers with tax authority support.
  • Businesses not registered but needing e-invoices must declare and pay tax before receiving a coded invoice for each transaction.

Source: vatcalc.com

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.



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