Starting from June 1, 2025, Decree No. 70/2025/NĐ-CP officially comes into effect, bringing significant changes to electronic invoices and documents. For the leadership team, executives, and accounting departments, compliance with this regulation ensures legal compliance and presents an opportunity to optimize management processes and enhance operational efficiency.
Entrosoft ERP, powered by advanced technology from Entrosoft, is a comprehensive solution that helps businesses seamlessly adapt to the new Decree and take the lead in the digital transformation era.
KEY POINTS OF DECREE NO. 70/2025/NĐ-CP
Decree No. 70/2025/NĐ-CP amends and supplements Decree No. 123/2020/NĐ-CP, requiring businesses to adjust their accounting processes and technology systems to meet the new standards.
Here are 5 key points to note:
Strict timing for issuing e-invoices:Sales of goods: Invoices must be issued immediately upon the transfer of ownership, regardless of whether payment has been received.
Services: Invoices must be issued upon completion of the service or when advance payment is received.
Special industries (e.g., casinos, insurance): Invoices must be issued according to specific deadlines — for example, casinos must issue invoices no later than one day after revenue is determined.
E-invoices generated from cash registers:Businesses and household enterprises with annual revenue exceeding VND 1 billion are required to use e-invoices generated from cash registers, directly connected to the tax authority.
Applies to restaurants, hotels, transportation, entertainment, and personal services.
No cancellation of incorrect invoices:Incorrect invoices cannot be canceled but must be adjusted or supplemented to ensure compliance with the new regulations.
Mandatory information additions:Invoices must include the citizen identification number, passport number, payment method, and information related to the legal representative.
Invoice issuance authorization:Businesses and household enterprises are allowed to authorize third parties to issue e-invoices on their behalf, helping to simplify the process.
These changes pose significant challenges, especially the requirement to issue a large volume of e-invoices immediately at the time of transaction, demanding that technology systems efficiently handle Big Data. Entrosoft ERP offers a breakthrough solution to address this challenge.
OPTIMIZING E-INVOICING SOLUTIONS WITH THE ENTROSOFT ERP SYSTEM
Entrosoft integrates the latest updates as a comprehensive enterprise management system, designed to support Vietnamese businesses in complying with Decree No. 70/2025/NĐ-CP and optimizing operations. With a proactive approach to policy updates, Entrosoft offers the following key features:
Mass e-invoice issuance:Supports batch e-invoice issuance, meeting the requirement to generate large volumes of invoices immediately at the time of transaction, ensuring high speed and performance in handling Big Data.
Directly connects with cash registers, automatically transmitting data to the tax authority in real-time, suitable for industries such as restaurants, hotels, and casinos.
Remote digital signature integration:Entrosoft encourages the integration of remote digital signature technology, enabling businesses to quickly process large volumes of e-invoices while ensuring security and legal compliance.
This solution minimizes manual operations and optimizes the invoice approval process.
Integration with reputable e-invoice providers:Entrosoft ERP supports integration with leading e-invoice providers such as Viettel, ensuring optimal processing performance and invoice issuance speed.
Businesses can customize their connection with suitable providers based on technical capabilities and specific requirements.
Intelligent invoice error handling:Supports adjustment or supplementation of incorrect invoices, complying with the regulation prohibiting invoice cancellation, thereby reducing legal risks.
Accurate invoice information management:Automatically updates mandatory fields such as citizen identification numbers and payment methods, ensuring e-invoices are legal and transparent.
Accounting process automation:Integrates finance, accounting, and sales modules to automate data entry, storage, and reporting, reducing errors and saving time.
Multi-industry support:The solution is customizable for manufacturing, trading, service businesses, as well as individual household enterprises, catering to all scales and business specificities.
OUTSTANDING BENEFITS FOR EXECUTIVE MANAGEMENT AND ACCOUNTING DEPARTMENTS
Ensured legal compliance: Entrosoft ERP continuously updates according to new regulations, reducing legal risks and ensuring the business always stays on the right track.
Enhanced operational efficiency: Automation of processes and Big Data handling allows the accounting department to focus on strategy rather than manual tasks.
Cost savings: Optimizes resources, reduces operating expenses, and increases profits through efficient e-invoice issuance processes.
Professional support: The Entrosoft team offers 24/7 consultation and assistance, combined with extensive implementation experience, ensuring a smooth transition process.
READY FOR DIGITAL TRANSFORMATION WITH ENTROSOFT ERP
Decree No. 70/2025/NĐ-CP is not only a challenge but also an opportunity for businesses to modernize management and enhance competitiveness. With Entrosoft ERP, integrating advanced solutions, your business will not only comply with regulations but also lead in the digitalization era.
