Vietnam government steps up e-payment to prevent Covid-19

Mar 11th at 16:36
11-03-2020 16:36:19+07:00

Vietnam government steps up e-payment to prevent Covid-19

Vietnam’s government is scheduled to integrate an additional 15 – 20 public online procedures to the national public services portal on March 13, with a focus on e-payment services.

Amid the spread of Covid-19 epidemic, the collection of fees for online public services through e-payment methods has significant meaning as it minimizes interactions and creates convenience for enterprises and citizens, according to Mai Tien Dung, minister – chairman of the Government Office.

Mai Tien Dung, minister – chairman of the Government Office, at the meeting. Source: VGP.

Vietnam’s government is scheduled to integrate an additional 15 – 20 public online procedures to the national public services portal on March 13, with a focus on e-payment services, Dung said at a government meeting on March 10.

These include collecting administrative fines in road transportation; income taxes; registration fees for automobiles and motorcycles; corporate taxes; and birth registration; among others.

Since the launch of the national public services portal on December 9, 2019, a total of 77,200 accounts have been set up with 20.9 million of visits and over 2.6 million applications, indicating positive responses from the people and enterprises, Dung said.

As of present, 13 out of 22 ministries, and government agencies, as well as all 63 provinces/cities have integrated their respective public online services to the portal.

Dung referred to the instruction of Prime Minister Nguyen Xuan Phuc that the government’s priorities in 2020 focus on administrative reforms and improving the quality and effectiveness in serving the people and enterprises.

“Efforts to reform public online services would bring substantial benefits to the people during the Covid-19 epidemic,” Dung concluded.

The main benefit of the national public services portal is to ensure full transparency of administrative procedures, enabling individuals and organizations to track the progress of processing public services and responsibilities of government agencies.

By logging in to the website https://dichvucong.gov.vn through a single account, citizens and enterprises could access all online public services provided by ministries and provinces from anywhere and at anytime.

The use of the portal is estimated to save VND4.22 trillion (US$181.54 million) per year for state budget. The figure would continue to rise with more online public services integrated into the portal.

As of present, just 40% of citizens in Vietnam have bank accounts. However, the majority of daily transactions are conducted in cash. Under the plan on non-cash payment in Vietnam in the 2016 - 2020 period approved by the prime minister, by the end of 2020, the ratio of cash transactions will be reduced from 90% in 2016 to below 10%. 

Hanoi Times





RELATED STOCK CODE (1)

NEWS SAME CATEGORY

Vietnam e-commerce market to surpass US$17 billion in 2023: GlobalData

Over the past five years, the country’s e-commerce market has doubled with total online spending increasing from US$3.9 billion in 2015 to US$9.4 billion in 2019.

Enterprises hurt by COVID-19 proposed five months tax payment leniency

Enterprises and individuals directly affected by the novel coronavirus (COVID-19) would be allowed to pay value-added tax (VAT) or land rent five months late...

Setting rules for household businesses poses questions

Regulating household businesses in Viet Nam is posing several problems as lawmakers debate whether the rules should be included in the amended Law on Enterprise or...

2020 inflation rate rides on outbreak eventualities

Vietnam is likely to experience difficulties in controlling inflation this year due to global uncertainties and unexpected price rises of many items in the local...

Priorities for ASEAN Economic Community approved

Viet Nam’s 12 priorities as ASEAN Chair in 2020 were approved by other member countries at the 26th ASEAN Economic Ministers (AEM) Retreat and the ASEAN Business...

Covid-19 threatens to knock 0.41 pct off Vietnam GDP

Though hurting less than other Asian economies, the ongoing Covid-19 epidemic could slash Vietnam's GDP by 0.41 percent as reported by ADB.

74 pct of enterprises face bankruptcy should Covid-19 linger: survey

If the Covid-19 epidemic lasts for over six months, 74 percent of firms in Vietnam would go bankrupt as revenues fail to cover operational expenses, a study found.

Lucrative business deals on South Korean radar

South Korean investors are continuing to bet on Vietnam’s prospects despite the coronavirus outbreak slowing down business activities both at home and abroad.

Viet Nam a world leader in having women in top corporate positions

Viet Nam has a greater percentage of women in senior leadership positions than the global average, according to Grant Thornton’s International Business Report.

HCM City records $480m of FDI in first two months

More than US$480 million worth of foreign direct investment (FDI) was poured into HCM City during the first two months of the year, which was equal to 47 per cent...


MOST READ


Back To Top