Vietnam to promote electronic bills via lottery
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Vietnam is set to use lottery prizes to promote the use of electronic bills as the country seeks to boost digital transformation.
Since April, seven billion electronic bills, or 93 percent of the total, have been recorded, and starting July 1 all businesses in the country will have to utilize electronic billing, Minister of Finance Ho Duc Phoc told the National Assembly on Wednesday.
To promote electronic bills, the ministry will use lottery service Vietlott to award random people using the electronic billing code submitted to the national database whenever a customer purchases a product or service.
Promoting electronic bills is among Vietnam’s latest efforts to create an e-government as its leaders have vocalized the need to digitally transform the country to boost economic growth.
Deputy Head of the General Department of Taxation Dang Ngoc Minh said earlier this month that tax payers can now scan a QR code to have tax bills delivered to their smartphone within 10 seconds.
Questions & Answers
Q.What percentage of total bills in Vietnam are currently electronic?
What percentage of total bills in Vietnam are currently electronic?
Since April, seven billion electronic bills have been recorded in Vietnam. This figure represents 93 percent of the total bills, indicating a high adoption rate before the new mandate comes into effect.
Q.When will all Vietnamese businesses be required to use electronic billing?
When will all Vietnamese businesses be required to use electronic billing?
From July 1, all businesses across Vietnam will be mandated to utilise electronic billing. This was confirmed by Minister of Finance Ho Duc Phoc when speaking to the National Assembly recently.
Q.How will the lottery system encourage the use of electronic bills?
How will the lottery system encourage the use of electronic bills?
The Ministry of Finance will partner with Vietlott to award prizes to random people. These prizes will be linked to the electronic billing code submitted to the national database when a customer makes a purchase.
Q.How can taxpayers now receive their tax bills digitally?
How can taxpayers now receive their tax bills digitally?
Taxpayers can now scan a QR code to receive their tax bills directly on their smartphone. This service delivers the bills within ten seconds, according to the Deputy Head of the General Department of Taxation.
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