Petrolimex simultaneously deploys electronic invoices according to Decree No. 70/2025/ND-CP

Nowadays, digital transformation has become a core element in the development strategy not only of businesses but also of the whole economy. The implementation of electronic invoices for each sale increasingly places strict requirements on transparency in management and convenience in transactions, especially in the petroleum business at retail stores.

Buying and selling gasoline and oil at a gasoline and oil retail point in Hanoi . Illustrative photo: Tran Viet/VNA

Following the success in implementing Decree No. 51/2010/ND-CP and Decree No. 123/2020/ND-CP, Vietnam National Petroleum Group ( Petrolimex ) continues to pioneer the implementation of electronic invoices for selling gasoline to individual customers who are not doing business in compliance with Decree No. 70/2025/ND-CP dated March 20, 2025 of the Government (Decree 70).

On March 20, 2025, the Government issued Decree No. 70/2025/ND-CP, amending and supplementing a number of provisions in Decree No. 123/2020/ND-CP related to invoices and documents. Decree 70 with many new points aims to optimize the management of electronic invoices, while strictly perfecting the invoice creation process of enterprises to meet state management requirements.

In the context of the whole country's determination to implement Resolution No. 57-NQ/TW dated December 22, 2024 of the Politburo on breakthroughs in science, technology, innovation and national digital transformation (Resolution 57), along with Resolution No. 03/NQ-CP of the Government on the Action Program to implement Resolution 57, Petrolimex has prepared to implement Decree 70 immediately upon its effective date.

Specifically, from June 1, 2025, the entire system of nearly 2,800 Petrolimex gas stations nationwide will simultaneously apply the process of issuing electronic invoices for gasoline sales according to Decree 70. Accordingly, each gasoline sales invoice will be digitally signed and sent directly to the tax authority immediately after the transaction is completed.

This process is operated through the ERP-SAP enterprise management system and the EGAS retail management system, automatically connecting to the AGAS petrol pump data management system, ensuring accuracy, safety and transparency. Thanks to the integration of modern payment methods such as bank cards, e-wallets and QR codes, RFID... Petrolimex brings convenience, speed and safety to customers.

Invoice management is also more convenient thanks to the direct lookup feature on the website hoadondientu.gdt.gov.vn or via mobile applications; supporting customers in preparing financial and accounting reports; simplifying tax declaration and payment procedures.

The pioneering spirit in implementing regulations of the Government and management agencies has demonstrated the role of important state-owned enterprises such as Petrolimex in complying with the law, while contributing to the transparency of business activities, especially in the petroleum sector.

Previously, Petrolimex was the first enterprise in the petroleum industry to successfully pilot the issuance of electronic invoices from January 1, 2018 according to Decree No. 51/2010/ND-CP of the Government regulating invoices for the sale of goods and provision of services; and was also the pioneer in issuing electronic invoices after each sale at the petroleum station system nationwide through an automatic technology solution platform, ensuring transparency, accuracy and convenience according to Decree No. 123/2020/ND-CP dated October 19, 2020.

Petrolimex's invoice issuance and initialization solutions have been highly appreciated by state management agencies and have brought satisfaction to customers nationwide. This could be one of the important bases for the Government and state management agencies to issue Decree 70 to optimize management, improve operational efficiency, create favorable conditions for consumers and transparency in business.

The implementation of Decree No. 70 from June 1, 2025 will create an important milestone in the digital transformation strategy, aiming to become the leading energy group in Vietnam, providing green, clean, high-quality and environmentally friendly products, based on 4.0 technology and comprehensive digital transformation.

Petrolimex does not stop at meeting legal requirements but also aims to build a digital, sustainable and environmentally friendly future. Pioneering the implementation of e-invoices according to Decree 70 and digital transformation solutions is a testament to the commitment to innovation, improving service quality and meeting customer expectations.

According to VNA

Source: https://doanhnghiepvn.vn/kinh-te/petrolimex-dong-loat-trien-khai-hoa-don-dien-tu-theo-nghi-dinh-so-70-2025-nd-cp/20250529081252851