Regulatory updates - Vietnam

Get the latest news and updates on e-invoicing, e-ordering, e-archiving and indirect tax regulatory requirements.

Get the latest news and updates on e-invoicing, e-ordering, e-archiving and indirect tax regulatory requirements for Vietnam.
July 19 2023

Vietnam Introduces a Reduced VAT Rate from 1 July 2023

On 30 June 2023, the Government of Vietnam reduced the VAT from 10% to 8% through Decree No. 44/2023/ND-CP. This decree implements the VAT rate reduction policy approved by the National Assembly in Resolution 101/2023/QH15.

October 18 2021

Vietnam confirms the introduction of the nationwide e-invoicing mandate in July 2022

The Vietnamese Ministry of Finance has announced a roadmap for ensuring the implementation in two phases. Six provinces and cities will pilot the e-invoice implementation already from November 2021.

October 27 2020

New timelines on mandatory e-invoicing in Vietnam

The Vietnamese government has issued a decree nullifying the November 2020 deadline for mandatory e-invoicing in Vietnam and pushing forward the date of entry into force. The decree also announces exceptions and further requirements for the future mandate.

Country specifications

E-Invoicing/CTC Model:

Clearance

Mandatory Infrastructure:

The General Department of Taxation portal

Mandatory Format:

Local XML from 2022

Mandatory for Issuing:

Starting from July 2022

Mandatory for Receiving:

No explicit requirements

eSignature:

Mandatory

Archiving Period:

10 years

Archiving Abroad:

Allowed under conditions

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