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payment

SACOMBANK, VNPAY launch digital payment, tax-filing solutions for businesses

SACOMBANK, VNPAY launch digital payment, tax-filing solutions for businesses

Designed to be simple and user-friendly, they help optimise payments, sales management, electronic invoicing, and banking connectivity, facilitating the digitalisation of business activities.
Global trade payment platform launched

Global trade payment platform launched

Payment method provider Visa has announced a partnership with Vietnam Prosperity Joint Stock Commercial Bank (VPBank), Shinhan Bank Vietnam and Military Commercial Joint Stock Bank (MB) to launch a global trade payment platform.
Ministry proposes full bank account reporting by household businesses

Ministry proposes full bank account reporting by household businesses

The aim of the proposal is to strengthen tax administration and improve cash flow transparency.
VIB wins nine Mastercard awards, strengthening its leadership in Việt Nams card market

VIB wins nine Mastercard awards, strengthening its leadership in Việt Nam's card market

The recognitions pave the way for deeper strategic collaboration between VIB and Mastercard to bring superior payment experiences and convenience to Vietnamese users.
Lawmakers discuss proposal to raise revenue threshold exempt from tax for business households

Lawmakers discuss proposal to raise revenue threshold exempt from tax for business households

The Government proposed raising the revenue threshold exempt from tax for business households from VNĐ200 million (over US$7,580) to VNĐ500 million per year.
Việt Nam launches cross-border QR payment connectivity with China

Việt Nam launches cross-border QR payment connectivity with China

Việt Nam and China have launched a bilateral QR payment link, enabling seamless cross-border transactions for travellers and businesses.
Mobifone Digital Payment licensed to provide intermediary payment services

Mobifone Digital Payment licensed to provide intermediary payment services

The State Bank of Vietnam has licensed MobiFone Digital Payment Joint Stock Company (MDP) to conduct intermediary payment services.
Ministry proposes increasing tax-free revenue threshold for household businesses to VNĐ500 million

Ministry proposes increasing tax-free revenue threshold for household businesses to VNĐ500 million

The VNĐ500 million threshold would allow 90 per cent of household businesses to be exempted from paying tax and reduce the tax burden on them by an estimated sum of VNĐ11.8 trillion per year.
Sacombank wins J.P. Morgan award for excellence in USD payment processing

Sacombank wins J.P. Morgan award for excellence in USD payment processing

Sacombank has been honoured by J.P. Morgan Chase, one of the world’s leading financial institutions, with ‘The 2025 U.S. Dollar Clearing Elite Quality Recognition Award’.
Ministry considers taxing household businesses on profits, not revenue

Ministry considers taxing household businesses on profits, not revenue

The Ministry of Finance said on Tuesday it is considering taxing household businesses on profits rather than on total revenue after the revenue-based taxation system caused a stir among the public.
Việt Nam weighs raising tax threshold for household businesses as lump-sum regime ends

Việt Nam weighs raising tax threshold for household businesses as lump-sum regime ends

While Minister of Finance Nguyễn Văn Thắng said that the ministry will continue to study an appropriate revenue threshold for taxation on household businesses to ensure fairness, opinions remain divided over what level would be appropriate.
Hà Nội suports household businesses as lump-sum tax is abolished

Hà Nội suports household businesses as lump-sum tax is abolished

Hà Nội gears up to support 300,000 business households shifting from lump-sum tax to self-declaration, boosting transparency and growth.
Nearly 18 billion cashless transactions recorded in nine months

Nearly 18 billion cashless transactions recorded in nine months

Nearly 18 billion cashless transactions were recorded in the first nine months of this year, with total value surpassing VNĐ260 quadrillion (nearly US$10 billion).
Conference promotes ISO 20022 in interbank payment system

Conference promotes ISO 20022 in interbank payment system

The State Bank of Vietnam is holding a two-day conference in Hà Nội to boost adoption of ISO 20022 standards in the interbank electronic payment system under an ADB-funded project supporting inclusive finance and climate initiatives.
Tax authority ramps up support for household businesses nationwide

Tax authority ramps up support for household businesses nationwide

After abolishing the lump-sum tax system from the beginning of 2026, the tax authority will shift to a new household business management model based on revenue thresholds and the level of business development.