The Ministry of Finance (MoF) has proposed that the State provide free accounting software to micro-enterprises, small enterprises, and business households and individuals.

This software will feature integration with e-invoicing from cash registers and digital signature services, in accordance with Clause 3, Article 12 of  the National Assembly's Resolution No. 198/2025/QH15.

In conjunction with this, the ministry has also proposed that the State cover 100% of the costs for training courses in business administration, covering topics such as accounting, tax, and human resources for these entities.

Under the proposal, these businesses will be given accounts to use the services online via a digital platform. The MoF will be responsible for organizing the procurement of products and services for these digital platforms and accounting software to ensure they meet the required standards.

The proposal is part of the fourth draft of a decree providing guidance on the implementation of the National Assembly's Resolution No. 198/2025/QH15, dated May 17, 2025, which outlines a number of special mechanisms and policies for the development of the private economic sector.

Previously, in a report accompanying the draft decree, the MoF noted that as of the end of December 2024, the total number of business households and individual businesses stood at 3.6 million, an increase of 106% compared to 2023. Of this total, 2.2 million are stable business households, but only 1.3 million are required to pay taxes.

Notably, 4,187 business households (including 1,850 that declare their own taxes and 2,337 under the presumptive tax system) recorded annual revenues of VND10 billion (nearly $380,000) or more, contributing approximately VND996 billion (nearly $38 million) in taxes to the state budget.

Decree No. 70/2025/ND-CP, which took effect on June 1, 2025, mandates that business households with an annual revenue of VND1 billion (more than $38,000) or more must use electronic invoices generated from cash registers connected to the tax authorities.