E-invoicing launched in six localities (14:58 23/11/2021)

HNP - The Ministry of Finance held an online conference to launch the electronic billing in six localities, namely, Hanoi, Ho Chi Minh City, Binh Dinh, Quang Ninh, Hai Phong and Phu Tho on November 21.

Hanoi's leaders kick start the electronic billing.

The event saw the attendance of member of the Party Central Committee (PCC) and Deputy Prime Minister Le Minh Khai, PCC member and Minister of Finance Ho Duc Phoc, and Chairman of the Vietnam Chamber of Commerce and Industry (VCCI) Pham Tan Cong. 
From localities, joining the conference were PCC member and Chairman of the Hanoi People's Committee Chu Ngoc Anh; PCC member and Chairman of the HCMC People's Committee Phan Van Mai; PCC alternate member and Chairman of the Binh Dinh province People's Committee Nguyen Phi Long; Chairman of the Hai Phong city People's Committee Nguyen Van Tung; Chairman of the Quang Ninh province People's Committee Nguyen Tuong Van; and Chairman of the Phu Tho province People's Committee Bui Van Quang. 
Representatives of local tax departments and enterprises also attended the conference. 
The move to e-invoices aims to help clamp down on tax fraud by using a big data system able to handle a large number of transactions.
Chairman of the Hanoi People's Committee Chu Ngoc Anh attends the event.
Addressing the event, Chairman of the Hanoi People's Committee Chu Ngoc Anh said that Hanoi was honored to be one of six localities nationwide to deploy the e-invoicomg  that is a big step forward to modernize local  management system, contributing to improving the business environment as well as national competitiveness.
The electronic billing is expected to save costs for businesses and society, create open and transparent business environment, he stated, adding that the municipal authorities have identified the e-voice’s important role in accelerating national digital transformation process.
According to Anh, in an effort to create the best conditions for  businesses and taxpayers in  switching to e-invoicing, the municipal government has asked the Department of Taxation to cooperate with relevant agencies in dealing with the taxpayers' difficulties during the process. 
The mayor said that Hanoi has been willing to kick-start the electronic billing in the city, while pledging that the municipal authorities would accompany businesses and taxpayers in the application of e-invoices.
Statistics show, since 2014, over 837,000 or 99% of all businesses across the country have used the department's electronic system to pay their taxes. The government's electronic tax return scheme, since its implementation in 2017, has facilitate tax payments to over 8,000 firms among 8,200 eligible firms.

By Tran Huong

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