Decree 70/2025: Major Amendments to E-Invoice Regulations Effective June 2025
On March 20, 2025, the Government issued Decree 70/2025/ND-CP amending Decree 123/2020/ND-CP on electronic invoices, effective June 1, 2025. Key changes include mandatory POS e-invoices for retail and hospitality businesses with revenue over 1 billion VND, new compliance requirements for foreign e-commerce suppliers operating in Vietnam, and tighter invoice issuance timelines for goods exports — now required within one working day of customs clearance. Export processing enterprises engaged in non-export activities must also adopt e-invoices.
Key Changes
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POS E-Invoice Mandate: Businesses in retail, hospitality, catering, food services, and personal services with annual revenue exceeding VND 1 billion must use electronic invoices generated by POS cash registers.
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Foreign E-Commerce Suppliers: Foreign digital service providers without a permanent establishment in Vietnam may voluntarily register to use electronic invoices with VAT. Domestic and individual businesses may authorize third parties to issue e-invoices on their behalf.
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Export Invoice Timeline: For goods exports, including processing for export, electronic commercial invoices must be issued no later than the working day following customs clearance.
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Export Processing Enterprises: EPEs engaged in business activities beyond export processing must use e-sales invoices (direct VAT method) or e-VAT invoices (deduction method).
Source
Decree 70/2025/ND-CP, amending and supplementing Decree 123/2020/ND-CP on invoices and documents.