Traditional markets in Ho Chi Minh City support traders in tax conversion

NHƯ QUỲNH |

HCMC - Dien Hong Ward Market is focusing on supporting traders to get acquainted, declare taxes and electronic invoices, and prepare to complete the conversion before the deadline of January 1, 2026.

Recorded at Dien Hong Ward Market (formerly Nguyen Tri Phuong Market), many older traders are still confused when deciding on tax or issuing electronic invoices. However, they also recognize that this form helps business operations to be more transparent and convenient when working with partners, but comes with the requirement to continuously update technology and bear additional operating costs.

To resolve these problems, on December 2, the People's Committee of Dien Hong Ward coordinated with the Management Board of Dien Hong Ward, tax authorities, banks and related units to organize the program "Accompanying traders in digital transformation".

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Tax authorities visit traditional markets to support people to make electronic invoices and declare taxes electronically according to regulations. Photo: Nhu Quynh

Ms. Nguyen Thi Gon, who has been in business at traditional markets for more than 40 years, said that converting initially encountered many difficulties, especially for those who are used to keeping a handbook record.

"Using electronic invoices is convenient for tax declaration, easy to control the amount of goods and revenue. I will have to learn to gradually adapt to technology and overcome immediate difficulties," said Ms. Gon.

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Traditional market traders access electronic invoices. Photo: Nhu Quynh

Ms. Dam Van - Deputy Head of Dien Hong Ward Market Management Board said that the unit has closely coordinated with tax authorities, 3 banks and related units to support traders to open accounts, practice applying, accessing electronic invoices as well as answering questions.

The Management Board will accompany traders to gradually access electronic invoices and declare taxes electronically. Digital transformation not only changes the way of collecting taxes, but also helps businesses form more transparent management habits, Ms. Van shared.

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Units coordinate to gradually guide traders to use electronic invoices and declare taxes. Photo: Nhu Quynh

On the tax authority's side, Ho Chi Minh City Tax has organized many direct training sessions at the market, guiding the process of declaration, invoice management and how to choose a supplier for electronic invoice solutions, especially invoices generated from cash registers. This is the key content for businesses to prove the origin of goods when switching to the declaration model.

The support is coordinated with consulting units, tax agents and service providers, helping traders gradually get used to digital operations.

The Ho Chi Minh City Tax Department aims to complete the conversion of all 345,493 households paying contract tax to the form of declaration by January 1, 2026, towards a transparent, self-declared, self-submitted governance model in business.

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