WB assists Vietnam’s tax reform
A delegation from the World Bank (WB) recently worked with Vietnamese partners to prepare for a project modernising the tax system in Vietnam, according to Deputy Finance Minister Do Hoang Anh Tuan.
The WB delegation and Vietnamese partners also discussed potential projects to improve tax management in Vietnam.
Recently, Prime Minister Nguyen Xuan Phuc issued a directive assigning the Finance Ministry to build a Government decree on e-invoices and submit it to the Government before October.
The e-invoice system is expected to help tax offices improve tax collection, increase transparency and prevent fraud.