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Vietnam’s Push for E-Invoicing in Livestream Sales: Impact on Businesses and Tax Compliance

  • Vietnam Prime Minister Pham Minh Chinh instructs Ministry of Finance to study e-invoices for livestream sales
  • Aim to address tax revenue loss from livestream sales and e-commerce transactions
  • Proposed amendments to Decree 123 to strengthen regulations on e-invoices
  • Encouragement for local authorities to promote e-invoicing among consumers
  • Acknowledgment of inadequate legal framework for regulating e-commerce in Vietnam
  • Reviewing existing e-commerce regulations and relevant tax guidelines
  • General Department of Taxation tightens supervision of e-commerce taxes and e-invoices

Source: vietnam-briefing.com

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.

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