VIETNAM – Update 15th April
Vietnam delays mandatory e-invoicing
Vietnam has issued a draft decree to delay the mandatory requirement for businesses to produce electronic invoices. The implementation date is being moved from 1 November 2020 to 1 July 2022. The delay recognises the difficulties businesses are experiencing during the COVID-19 crisis. However, there was still many issues outstanding, including reporting cross-border transactions or how different government agencies would accept e-invoices.
Source credit – Richard Asquith (Avalara)