Vietnam's Ministry of Finance has issued a draft decree to streamline e-invoicing for e-commerce and low-value transactions, shifting invoice issuance to platform operators and allowing small businesses below thresholds to issue consolidated daily invoices. The Finance Ministry also proposed extending e-invoicing to businesses with sales above VND 1 billion on 10 December 2025, and Circular 32/2025 provides detailed guidelines on numbering, use cases, and service provider standards. A June 2024 directive urges the remaining non‑compliant businesses, especially retail outlets, to adopt e‑invoicing, following the successful Phase 2 rollout in 2022 that registered 92 % of obligated taxpayers.
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Key Takeaways
On 10 December 2025, the Finance Ministry proposed extending e‑invoicing to those businesses.
It provides guidelines on e‑invoicing numbering formats, use cases for financial services and bulk transactions, clarification of high‑risk taxpayers, and operational standards for e‑invoicing service providers.
The directive targets the small proportion of businesses not yet compliant, especially retail outlets and local businesses, and was issued in June 2024.
During Phase 2 (April–July 2022), 92 % of the obligated taxpayers were registered, covering 57 provinces and cities.
It shifts invoice issuance to platform operators for certain sellers and allows small businesses below revenue and transaction thresholds to issue consolidated daily invoices.
Primary source
Read the full article at VatCalcThis summary was published on VATfaqs.com on 14 April 2026. It relates to VAT developments in Vietnam. The original source is VatCalc.
