Comprehensive financial solutions for business households
According to Resolution 68-NQ/TW and Decision 3389/QD-BTC, from 20252026, HKDs will have to use electronic invoices, open bank accounts and declare taxes on digital platforms. The shift from a contract tax model to a new form of management makes many traders worried. "I am used to taking notes and collecting cash. Moving to software and electronic invoices is really a challenge, said Ms. Diem My, owner of a restaurant.
In response to the great transformation needs of the HKD/small trader community, LPBank introduced a comprehensive set of financial - technology solutions to support core "accounting" of small traders in the new period. Accordingly, LPBank will provide preferential loans with a simple process, helping HKD/small traders quickly have resources to upgrade and expand business. In addition, to help HKD/small traders get used to cash flow management, LPBank equips a set of simple digital payment tools such as QRShop and Loa Loc Phat. In particular, the Loa Loc Phat device has the ability to read immediately balance change notification to help store owners track cash flow accurately without having to check their phones continuously, limiting the risk of loss in non-cash transactions.
With Tax connection infrastructure, LPBank will act as an electronic payment gateway, directly connecting declaration software (MISA) with the Tax Authority, helping taxpayers fulfill financial obligations quickly, accurately and minimize errors.
Mr. Dang Cong Hoan - Deputy General Director and Director of LPBank Retail Bank shared: LPBank wishes to become a trusted companion, contributing to the transparency of business finance according to the policy of the Party and State. We not only provide capital but also help customers manage, optimize and develop sustainably in the digital age.
Replicate the model nationwide
The highlight of the program is the 4-party coordination model, creating synchronization between management agencies, technology enterprises and commercial banks. This model is expected to promote effective tax management, reduce pressure on taxpayers and contribute to building a transparent financial ecosystem, helping people feel secure in doing business.
With a pioneering role in promoting financial inclusion, LPBank plans to replicate this model in many other localities such as Hanoi, Phu Tho, Nghe An, Da Nang and Can Tho. Thereby, the bank hopes to support millions of business households across the country to switch smoothly to the electronic tax application phase in the coming time./.
