Vietnam's Ministry of Finance's draft decree aims to simplify e-invoicing for e-commerce and low-value transactions by involving platform operators for specific sellers. Small businesses can issue daily consolidated invoices, while services like finance may use bulk invoicing. New regulations on VAT, formats, and compliance are outlined.
Vietnam: Finance Ministry Simplifies E‑Invoicing for E‑Commerce and Low‑Value Deals
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Author: Ema Stamenković
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Content accuracy validation date:
20.04.2026
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Vietnam’s Ministry of Finance has issued a draft decree to simplify e-invoicing, focusing on e-commerce and low-value transactions. The proposal shifts invoice issuance to platform operators for certain sellers and introduces exemptions where compliance systems already exist.
- Small businesses and individuals below revenue and transaction thresholds may issue consolidated daily invoices.
- Financial services, transport, and utilities can generate periodic bulk invoices when customers do not request them.
10 Dec 2025: The Finance Ministry proposed extending mandatory e-invoicing or fiscal cash registers to businesses with sales above VND 1 billion (approx. €40,000). Businesses meeting IT conditions can register for coded e-invoices or connected cash registers with tax authority support. Those not registered must declare and pay tax before receiving a coded invoice per transaction.
June 2025: The Ministry published Circular 32/2025, providing guidelines on e-invoice numbers and formats, use cases (including financial services and bulk transactions), high-risk taxpayers, and standards for e-invoicing service providers.
Jun 2024: The Prime Minister issued Directive No. 129/CD-TTg to accelerate e-invoicing adoption among the remaining non-compliant businesses, particularly retail outlets and small local businesses.
E-invoice process and requirements
Invoices must include basic VAT information in XML format with a secure digital signature retained for at least 10 years. The following entities require a GDT verification code: self-employed individuals, larger businesses (revenue over VND 10 billion), and high tax-risk enterprises with poor compliance records.
Businesses can register directly with the General Department of Taxation (GDT) or use authorised third-party e-invoicing agents. They must maintain strict rules on system uptime, creation, storage, and backup.
Documents covered by e-invoicing
- Value-added tax (VAT) e-invoices
- Sales e-invoices
- Sales of public property and national reserve e-invoices
- Electronic stamps, tickets, cards, receipts, and other documents with e-invoice content
- Electronic warehouse delivery, transportation notes, and delivery notes to agents
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