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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VatCalc · about 2 months ago
Vietnam has temporarily set VAT on gasoline, diesel and aviation fuel to 0% from 26 March to 15 April 2026, exempting businesses from VAT declaration and payment while allowing input VAT recovery. The measure also waives environmental protection tax and zeroes special consumption tax on gasoline, expected to cut state revenue by about 7.2 trillion VND per month.
Vietnam Briefing · 3 months ago
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Seoul Economic Daily · 1 day ago
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VatCalc · 2 days ago
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China has expanded its instant VAT refund scheme for foreign tourists, allowing refunds at the point of sale and simplifying customs checks. From 1 July 2026, customs will conduct random inspections for claims below CNY 10,000, while tourists must validate claims within 28 days of purchase. The reforms aim to boost inbound tourism and consumer spending.
Economic Times · 7 days ago
The Supreme Court dismissed Uttar Pradesh’s attempt to levy a 21% state VAT on natural gas transported from Andhra Pradesh to Uttar Pradesh, ruling the transaction is an interstate sale governed by the Central Sales Tax Act. The decision upheld a 2012 Allahabad High Court judgment that quashed UP’s assessment orders against Reliance Industries, Tata Chemicals and IFFCO. The ruling confirms that gas transported through common pipelines remains an interstate sale even when co‑mingled.
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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.
