Ministry of Finance: E-invoices have been used by all enterprises across the country

According to the Ministry of Finance, at 24h on June 30, 2022, there were 851,372 organizations, firms, and branches registered to utilize e-invoices nationwide (representing 100 per cent of the total number of organizations and enterprises).

Overview diagram of electronic invoices
Overview diagram of electronic invoices.

Furthermore, according to Decree No. 123/2020/ND-CP and Circular No. 78/ 2021/TT-BTC, 65,576 business households and people conducting business using the declaration method have registered and converted to using electronic invoices (HDDT). The total number of e-invoices issued was 536,627,159.

In particular, in the second phase of e-invoice implementation, there are 57 provinces and cities with 377,484 organizations, firms, and branches successfully registered on the e-invoice system, attaining 100%. 

Households and persons doing business using the declaration method have registered and converted to using e-invoices following Decree No. 123/2020/ND-CP and Circular No. 78/2021/TT-BTC phase 2 in 42,701 business households and individuals in 57 provinces and cities.

A total of 109,332,248 invoices were received and processed by 57 Tax Departments.

Merit awards are given to units that successfully adopt e-invoices (Photo: VGP/HT)
Merit awards are given to units that successfully adopt e-invoices (Photo: VGP/HT).

Previously, the General Department of Taxation completed the pilot implementation of the e-invoice system in six provinces and cities during phase one: Hanoi, Ho Chi Minh City, Binh Dinh, Quang Ninh, Hai Phong, and Phu Tho.

According to the plan, all firms, business houses, and people doing business using the declaration method with invoices must migrate to using e-invoices beginning July 1, 2022. Cao Anh Tuan, Director General of the General Department of Taxation, has requested that the standing groups of e-invoices, from the central government to the local tax offices, be on duty 24 hours a day, seven days a week to handle and resolve any issues that arise.

Mr Pham Quang Toan, Director of the Information Technology Department (General Department of Taxation), stated that the adoption of e-invoices has contributed to the promotion of digital transformation in enterprises, financial agencies, and other state agencies.

The deployment of e-invoices will contribute to the transformation of the way people are served, management, and tax authorities are implemented in the direction of automation, to reform administrative procedures, facilitate and decrease expenses, and boost company productivity.

Huy Thang

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