Digital Tax Support Rolls Out for Vietnamese Small Businesses

On 12 June in Hanoi, HDBank and Vietnam's tax authority signed a memorandum of understanding to help small‑business owners switch from lump‑sum tax to electronic filing, adopt e‑payments, e‑invoices, digital signatures and a sales‑management app. The bank will offer zero‑fee business accounts, free electronic invoicing and other tools to about 35,000 early‑adopting enterprises, aiming to accelerate the country’s digital tax transformation and improve financial transparency.

A week later, on 20 June in Brno, the Czech Republic’s Ministry of Finance and Vietnamese business groups signed a similar memorandum. The agreement will provide Vietnamese entrepreneurs in the Czech Republic with up‑to‑date tax and financial information and prepare them for the new electronic revenue‑recording system (EET 2.0) slated for 1 January 2027, using the DIS+ platform to simplify compliance. Both initiatives seek to modernise tax administration for Vietnamese businesses and promote broader digital adoption.