24h Economy: Traders confused when implementing electronic invoices; CPI in May increased

Phương Anh |

Traders are confused when implementing electronic invoices; CPI in May increased; Experts predict gold prices... are notable economic news in the past 24 hours.

Many traders are confused when switching to electronic invoices

Walking around the An Dong Commercial - Service Center (District 5, Ho Chi Minh City), many stalls were still open but there were no customers, traders were sitting and surfing their phones. The third floor area, many kiosks were closed quietly. Some traders said they opened a few hours in the morning and closed early, not daring to import more goods because they were worried about inventory, while the electronic invoice software required the invoice to be issued immediately at the time of sale.

Tieu thuong tai cho Ben Thanh su dung may in hoa don, hoa don dien tu cho khach hang. Anh: Ngoc Le
Traders at Ben Thanh market use invoice and electronic invoice printing machines for customers. Photo: Ngoc Le

"This is a wholesale market, so customers are allowed to exchange products, debt pillows, and many customers return their inventory a few months later. With this new regulation, if customers are not allowed to exchange, they will lose customers and traders will have to pay monthly taxes according to issued invoices, so we are very concerned. The stalls are not paid to avoid taxes or check, but they are still confused about how to do it properly" - Ms. D.H, a trader at An Dong Trade - Service Center shared.

Recorded at An Dong Trade - Service Center (District 5) and Ben Thanh Market (District 1), after Decree 70/2025/ND-CP officially took effect, traders have begun to convert the form of tax payment from contract to registration and declaration according to actual revenue. Unlike the previous method of paying fixed monthly contract tax, traders now have to use electronic invoices, which has confused many people in the initial stage. See more...

CPI in May increased slightly, only one group of goods had a decreased price index

According to the Statistics Office (Ministry of Finance), the Consumer Price Index (CPI) in May 2025 increased by 0.16% compared to the previous month, mainly due to increased rental prices, home maintenance materials, electricity and food outside the home. CPI in May increased by 1.53% compared to December 2024; increased by 3.24% compared to the same period last year.

CPI thang 5.2025 tang 0,16% so voi thang truoc. Anh: Phuong Anh
CPI in May 2025 increased by 0.16% compared to the previous month. Photo: Phuong Anh

In the 0.16% increase of CPI in May 2025 compared to the previous month, there were 10 groups of goods and services with increased price indexes; the price index of the transport group alone decreased. See more...

Saying no to a transfer can be considered a tax evasion

According to lawyers, businesses that do not accept transfers for the purpose of evading revenue declaration may be prosecuted and prosecuted according to the provisions of law. Video: Hao Thien

Experts make surprising predictions about gold prices

Experts are giving mixed reviews about the gold price trend this week, after the precious metal fluctuated strongly last week.

I am still leaning towards gold and will seek new support so that the broader trend can continue, said James Stanley, senior strategist at Forex.com.

Gold has set a new high in the short term, with the price increase surpassing $3,350/ounce. Therefore, I do not rule out the possibility of this uptrend continuing, and will seek new support, especially at $3,300/ounce and $3,280/ounce," the expert said.

Sau tuan bien dong manh, cac chuyen gia trong nganh chia re ve trien vong gia vang. Anh: Phan Anh
After a volatile week, industry experts were divided about the outlook for gold prices. Photo: Phan Anh

Rich Checkan - Chairman and CEO of Asset Strategies International commented: "Current momentum supports gold and silver. While there may be some profit-taking, I predict gold will continue to rise next week thanks to the weakness of the US dollar, political tensions in the Middle East and Ukraine, impacts from tariffs, and the approval of major US laws that will increase public debt and lead to consumer inflation. These factors will continue to drive demand for gold as a safe asset. See more...

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