The signing ceremony took place simultaneously in Hanoi and TP HCM, connecting with VPBank branches in 34 provinces and cities on 6/3. According to representatives from both entities, the partnership focuses on providing convenient digital solutions for business households to fulfill their tax obligations when transitioning from lump-sum tax to declaration-based tax. It also aims to promote electronic tax payments and cashless transactions, which are key pillars in the national digital transformation process and private economic development.

Representatives of VPBank and the Tax Department at the signing ceremony. Photo: VPBank

Accordingly, VPBank developed an "all-in-one" digital solution: transparently recording revenue and cash flow through accounts, managing sales activities, providing accounting support, connecting e-invoices, digital signatures, and performing tax declaration and payment steps on a single platform.

A bank representative stated that the solution helps business households track revenue more conveniently, manage documents systematically, reduce errors during tax declaration, and proactively fulfill tax obligations on time. Standardized data also assists household owners in managing cash flow more transparently, creating a foundation for accessing financial services and gradually transitioning to a corporate model when eligible.

Nguyen Duc Vinh, Chief Executive Officer of VPBank, stated that the bank aims to develop digital solutions based on the criteria of being "easy to use, easy to understand, and easy to maintain," to help business households simplify tax declaration and payment processes, and enhance transparency in cash flow management.

"VPBank is committed to collaborating with the Tax Department as part of our pledge to promote digital transformation and raise operational standards for the business household sector, establishing a foundation for this group to access mainstream financial services and achieve sustainable development," a VPBank leader shared.

Mai Son, Deputy Director of the Tax Department, speaks at the signing ceremony. Photo: VPBank

Mai Son, Deputy Director of the Tax Department, evaluated VPBank's integrated solution as helping to reduce costs, facilitating the transition for business households, and contributing to the development of a more modern and convenient tax management system.

VPBank is one of Vietnam's large joint-stock commercial banks, with strengths in retail and small and medium-sized enterprise (SME) segments. As of 31/12/2025, the bank's consolidated total assets exceeded 1.26 quadrillion VND, and its pre-tax profit for 2025 reached over 30.6 billion VND.

With its technology infrastructure, nationwide branch network, and over a decade of experience collaborating with tax authorities in implementing electronic tax payments, VPBank expects to support business households in accessing more convenient digital solutions.

(Source: VPBank)