Deputy Prime Minister Ho Duc Phoc signed Official Dispatch No. 124/CD-TTg (dated July 30, 2025) of the Prime Minister sent to ministries, branches and localities on promoting non-cash payments.
The dispatch clearly stated: In recent times, the Government and the Prime Minister have given many drastic, timely and effective instructions to the State Bank of Vietnam , relevant agencies and credit institutions on promoting non-cash payments, including Decision No. 1813/QD-TTg dated October 28, 2021 of the Prime Minister on approving the Project on developing non-cash payments for the period 2021 - 2025.
However, recently, cash payments have shown signs of increasing, negatively affecting the economy, wasting resources, and can be used for tax evasion, money laundering, and illegal activities.
To continue developing non-cash payments in accordance with the set goals and solutions, the Deputy Prime Minister requested ministries, ministerial-level agencies, government agencies, and People's Committees of provinces and centrally-run cities, according to their assigned functions, tasks, and authority, to promptly implement solutions to promote non-cash payments; strengthen direction, guidance, and propaganda to continue promoting the development of non-cash payments, ensuring to meet the payment needs of people and businesses, save resources, prevent tax losses and crimes; and strictly handle violations of the law.
The Ministry of Finance, within its authority, shall preside over and coordinate with relevant ministries and agencies to strengthen inspection, examination, and close supervision of state budget payment activities, tax collection and payment according to regulations, and compliance with legal regulations on invoices and payment documents for purchase and sale, and transactions of goods and services according to the provisions of the Law on Value Added Tax.
Decree No. 181/2025/ND-CP dated July 1, 2025 detailing the implementation of a number of articles of the Law on Value Added Tax; promptly and strictly handle violations according to regulations, especially for organizations, units and individuals who intentionally pay in cash to evade taxes and violate the law.
Developing payment infrastructure and technology to promote cashless payments
The State Bank of Vietnam, within its authority, shall preside over and coordinate with relevant ministries and agencies to urgently deploy tasks and solutions to promote the development of non-cash payments in accordance with Resolution No. 57-NQ/TW dated December 22, 2024 of the Politburo on breakthroughs in science, technology, innovation and national digital transformation, Resolution No. 03/NQ-CP dated January 9, 2025 of the Government promulgating the Action Program to implement Resolution No. 57-NQ/TW; Organize a summary of the implementation of the Project on developing non-cash payments for the period of 2021 - 2025 in accordance with the provisions of Decision No. 1813/QD-TTg dated October 28, 2021, report to the Prime Minister before December 1, 2025, clearly stating the results of implementing each set goal and solution, fully identifying difficulties and obstacles; recommending and proposing specific plans and instructions from the Prime Minister to relevant agencies to continue promoting the development of non-cash payments.
At the same time, strengthen inspection, examination, supervision, and prevention of money laundering in banking activities; promptly warn, detect, and strictly handle violations of the law, money laundering, and illegal payments. Continue to strengthen the development of payment infrastructure and technology to promote non-cash payments.
In addition, direct credit institutions to urgently continue to develop and provide products and services that promote cashless payments; increase investment and apply information technology in the payment sector, creating the best conditions for customers, people and businesses to make safe, fast and smooth payments.
Vietnam+Source: https://baohaiphongplus.vn/xu-ly-nghiem-cac-truong-hop-co-tinh-thanh-toan-bang-tien-mat-de-tron-thue-417604.html
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