Electronic billing service makes Vietnam debut

04:10, 22/10/2013

The Vietnam Datacommunication Company (VDC), a subsidiary of the Vietnam Posts and Telecommunications Group (VNPT), officially launched Vietnam’s first e-Billing service on October 21.

The Vietnam Datacommunication Company (VDC), a subsidiary of the Vietnam Posts and Telecommunications Group (VNPT), officially launched Vietnam’s first e-Billing service on October 21.

VNPT Deputy General Director Nghiem Phu Hoan at the launch
VNPT Deputy General Director Nghiem Phu Hoan at the launch

The new feature saves enterprises money previously spent on printing, delivering and storing paper-based bills. It also saves time, as customers no longer have to wait for their bills to arrive by post. Electronic billing is green too, drastically reducing the amount of paper used and wasted.

The e-Billing service is an integral part of current efforts to modernise businesses’ accounting processes. Enterprises and organisations that issue bills in large quantities could benefit greatly, including those in the fields of telecommunication, electricity, oil and petrol, water, banking, credit and television.

VDC offers businesses the choice between two types of e-Billing services – ‘Package’ or ‘Solution model’. Customers who choose the first will be able to issue and manage electronic bills directly on the VDC network, while those who select the latter will invest in building proprietary infrastructure and acquiring the necessary hardware with consultation and instruction from VDC.

VDC has also rolled out digital signature authentication (VNPT-CA) and online tax declaration (VNPT-TAX) services to support and enable the rapid and widespread application of the e-Billing initiative. 

(Source:Nhan Dan)