On 19 October 2020, the Government of Vietnam issued Decree 123/2020/ND-CP (“Decree 123”) that provides guidance on the implementation of the new invoicing and documentary procedures relating to e-invoicing in Vietnam.
Decree 123 will now take effect from 1 July 2022 postponing the deadline for the compulsory implementation of e-invoicing in Vietnam from 1 November 2020 to 1 July 2022. Taxpayers that meet the information technology infrastructure requirements under the Decree are encouraged to implement e-invoicing before this deadline.
Source: dfdl.com
