Four more commercial banks offer online tax payments

Jul 15th at 09:41
15-07-2014 09:41:58+07:00

Four more commercial banks offer online tax payments

The General Department of Taxation under the Ministry of Finance and four commercial banks signed an agreement to facilitate online tax payments on July 11 in Ha Noi.

These banks are Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank), Vietnam Joint Stock Commercial Bank for Industry and Trade (VietinBank), Vietnam Bank for Agriculture and Rural Development (Agribank) and Military Commercial Joint Stock Bank (MBBank).

According to the agreement, the department and the banks will set up a system to transmit, receive and check the data of online tax payments. The service will use digital signatures to certify the online data. The banks are expected to offer online tax payment services to 5,000 taxpayers in 18 cities and provinces, such as Ha Noi, Quang Ninh and Binh Duong.

Bui Van Nam, general director of the taxation department, said that the service would be expanded to 63 cities and provinces in the country, aimed at enterprises and individuals doing business.

Speaking at the agreement signing ceremony, MBBank general director Le Cong said that this was a new step towards applying information technology in services for taxpayers and increasing the facilities provided by commercial banks to their customers.

The department had carried out a pilot run of the online tax payment facility in Ha Noi, Bac Ninh and Vinh Phuc for taxpayers having accounts at the Joint Stock Commercial Bank for Investment and Development of Vietnam (BIDV). So far, 250 enterprises have paid their taxes online, amounting to more than VND148 billion (over US$7 million). — VNS



NEWS SAME CATEGORY

Larger lenders on track to hit annual targets

Several banks have posted satisfactory profits, achieving around half of the annual targets, during the first half of this year, the Sai Gon Dau Tu (Sai Gon...

Banks eye ways to convert deposit boom into lending

Commercial banks are seeking ways to boost lending as bank deposits have increased in the past few months.

State Bank to crack down on bitcoin exchange

The State Bank of Viet Nam will work with the public security forces to seize operators of the Viet Nam real-time bitcoin exchange (VBTC) that was launched on...

Banks achieve half their annual profit targets

Several banks have posted satisfactory profits, achieving around half of the annual targets, during the first half of this year, the Sai Gon Dau Tu (Sai Gon...

Central bank assuages foreign currency lending fears

Increasing foreign currency lending does not present a risk to the Vietnamese economy, said Nguyen Thi Hong, director of the Monetary Policy Department under the...

Businesses rush to buy dollars, betting on carry-trade deals

In its report released on July 2, the Vietnam National Finance Supervision Council highlighted the sharp increase in outstanding loans in foreign currency, warning...

Forex rate falls in commercial banks

The US dollar prices in commercial banks fell sharply on July 10 after the State Bank of Viet Nam announced that the domestic currency market was still stable.

HDBank offers preferential interest rates

The HCM City Development Bank (HDBank) is offering preferential interest rates for business households and individuals nationwide, who borrow money between now and...

An Binh Bank to launch lending package

An Binh Bank will launch a VND1trillion (US$46 million) lending package on July 14 to finance production and consumers.

SBV Governor plans flexible monetary policy for H2

State Bank of Viet Nam's Governor Nguyen Van Binh is planning a more flexible monetary policy in the second half of this year to achieve credit growth of 12 to 14...

Bank stocks

Insurance stocks


MOST READ


Back To Top