Tuesday, July 23, 2024 2:55:50 PM - Markets open
VN-INDEX 1,231.81 -22.83/-1.82%
HNX-INDEX 234.60 -3.78/-1.59%
UPCOM-INDEX 94.16 -1.49/-1.56%
HDBank rolls out credit package worth $81.37 million to fund petrol stations switching to e-invoices
Vietnam News - 3/13/2024 5:07:46 PM
 (0 ratings. You must sign in to rate.)
HDBank is deploying a programme that provides a solution set and a credit package worth VNĐ2 trillion (US$81.37 million) for fuel retailers, including financing of up to 60 per cent of the cost of installing an electronic invoice issuance system from March 1.
It aims to provide petrol stations with an additional support channel to set up the system for issuing an electronic invoice for each sale in accordance with the Prime Minister's official dispatch.
HDBank is the first and only bank so far to provide a full set of solutions to petrol stations for e- invoice issuance.
The solutions include packages for payment and payment management, sales diary retrieval and management and issuance of automatic e-invoices.
Meanwhile, HDBank has unveiled a VNĐ2 trillion credit package to finance gas stations installing software for automatic e-invoice issuance. The loans will cover up to 60 per cent of the investment costs and be for a maximum term of three years. No collateral is required.
With this solution set and preferential loan, HDBank is helping petroleum businesses seize business opportunities, accelerate digital transformation and cashless payment and fully comply with the Government’s regulations.
Previously, under an official dispatch on strengthening the management and use of electronic invoices by petroleum retailers, Prime Minister Phạm Minh Chính instructed the Ministry of Finance to coordinate with other ministries and other government agencies and people's committees of provinces and cities to adopt comprehensive, effective and drastic solutions to ensure petroleum businesses issue electronic invoices for every sale and send the data to tax authorities.
HDBank has coordinated with the Vietnam National Petroleum Group (Petrolimex) to offer cashless payment at petrol stations in recent years. By the end of 2023 it had provided the service at Petrolimex’s 2,500 petrol stations.
HDBank provides individual customers with a 4-in-1 credit card with outstanding utilities and incentives such as offering unsecured loans, lowest interest rates in the market, automatic card issuance procedures, and completely 100 per cent online issuance.
It also issues a corporate credit card to pay for gasoline with a limit of up to VNĐ3 billion, helping organisations and businesses with legal status in Việt Nam to pay gasoline bills safely, quickly and conveniently. — VNS
Read original article here
Newer News
22/07 Consumer lending faces challenges
19/07 Savings of individual customers at banks hit record high
18/07 Petrol distributors not allowed to buy from each other: Draft
18/07 MoF considers withdrawing 50 per cent car registration fee reduction proposal
17/07 H1 State budget revenue increases over 17%: MoF
17/07 HCM City Tax Department refunds VNĐ4.7 trillion of VAT
16/07 Mobile Money users in Vietnam rise rapidly
16/07 Cheap money period in Vietnam forecast to come to an end
16/07 Taxing gold buyers is a tax-on-tax, say experts
15/07 Compulsory e-signature might be a cost burden: banking association
Older News
12/03 VCCI proposes zero tax rate to be maintained for exported services
01/03 Home Credit Vietnam sold to Thailand investors for 800 million euros
29/02 Multiple businesses delay dividend payments, disappointing investors
26/02 Overnight interbank rate hits nine-month record high
26/02 More policy rate cuts forecast in 2024 to support economic growth
23/02 Banks ask central bank to extend June 30 payment deadline
21/02 Credit growth declines by 0.6% in first month of 2024
19/02 Foreign exchange rate forecast to be under control in 2024
19/02 Many people buy gold on God of Wealth Day, gold prices down
16/02 Changes to Law on Credit Institutions reduce ownership limits in banks
Newsletter Signup
Top Stories
VCCI recommends mineral mining rights be granted through auction and bidding
Central bank works to raise interbank rates and ease forex market
Inflation a concern following salary increases
National Council for Sustainable Development established
Việt Nam, Cambodia look forward to $20 billion trade
Market Update
Last updated at 2:55:01 PM
VN-INDEX 1,231.81 -22.83/-1.82%
Real-time chart
Top 5 Actives
Top 5 Gainers
Top 5 Losers
My Favorite Quotes
Your most recently viewed tickers will automatically show up here if you type a ticker in the Get Quotes box on the top of the page.
Company Research
Type in the symbol above for thorough background information, key statistics and financial information.
Stock Sectors
We continuously improve our services, here are the latest updates...
Allow you to monitor a customised group of securities. You can set up multiple Portfolios to help you better manage your investments.
Trigger Alerts
Get up-to-date alerts delivered directly to your email address.
Stock Screener
Allow you to filter the market and find exactly what sort of company you are looking for.
Live Terminal
Get instant access to FREE REAL-TIME streaming quotes for hundreds of stocks from HOSE, HNX and UPCOM exchanges.