Summary of highlights - CV 348/CT-CS and Decree 70/2025/NĐ-CP

On March 28, 2025, the Tax Department issued Official Letter No. 348/CT-CS to disseminate the new contents stipulated in Decree No. 70/2025/ND-CP – the amending decree. 

Through this Official Letter, the Tax Department provided an overview and detailed insights into the significant changes in the current regulations, thereby helping businesses proactively review their invoicing, management, and storage processes to ensure compliance with legal requirements and minimize risks in tax declaration and settlement activities.

With the aim of summarizing important details, below are the key points that businesses need to pay special attention to, in order to adequately prepare for implementation starting from the effective date of Decree 70/2025/ND-CP on June 1, 2025.