E-invoices to take effect in November

by VTV420 October 2018 Last updated at 10:07 AM

VTV.vn - At a conference held in Hanoi on Friday, the General Department of Taxation announced the implementation of Decree 119 on converting from paper invoices to electronic data. Starting November 1, e-invoices will be used nationwide.

According to the Decree, goods and service sellers must provide buyers with e-invoices that follow a standard data format regulated by the Ministry of Finance. E-invoices will save time and costs.

This is one of the government's initiatives aimed at facilitating business operations in Vietnam.

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