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With seven days left before the May 4 deadline, household businesses (HKD) are entering the tax declaration season. The tax threshold for HKD, previously 500 million VND, will be abolished, with the threshold expected to apply at 1 billion VND per year. ACB has rolled out a package of supports to help HKD navigate the new regime and expand their businesses.
Under the new tax regime, handwritten cash flow records are no longer as straightforward as before. Manual entry can create ambiguities and discrepancies because personal accounts and business revenue are not clearly separated. In tax declarations, transparency down to every dong is required, and such ambiguity is not allowed.
HKD also face new questions for the first time, including how to declare small payments and missing invoices, and how to handle cases such as customers paying for services while tipping staff—situations that can make reported revenue appear higher in bank accounts than actual revenue.
To address these concerns, ACB, in collaboration with FinOne, developed a financial solution package valued at 10 million VND. The package waives device fees for payment acceptance (POS, QR codes and related devices) and waives software for sales, digital signatures, and 1,000 electronic invoices.
The software also enables users to export electronic invoices on mobile and connects directly to the tax system for online tax filing without intermediary steps.
ACB’s approach emphasizes a compact, easy-to-use payments infrastructure and revenue-management tools with a minimalist interface, designed to help even less technology-comfortable merchants adapt quickly.
As traditional HKD models based on foot traffic and local customers reach saturation, many look to online channels to grow and reach more customers. Social platforms such as Facebook and Zalo, e-commerce marketplaces, and livestream selling have become increasingly active in recent years.
However, the new tax declaration rules create regulatory concerns for businesses operating on platforms, because each platform has different tax withholding rules. Merchants also face challenges in determining voucher validity and managing inventory data before conversion. As a result, some merchants testing new selling formats may hesitate due to perceived complexity.
In addition to moving HKD into the digital environment, ACB provides training to help them sell immediately. The 20 million VND training package focuses on practical skills, including operating a digital store on e-commerce platforms such as TikTok Shop, and learning new selling methods such as livestreaming, affiliate marketing, digital advertising, and AI applications.
The package also includes in-depth tax content and detailed instructions on compliant invoicing and documentation in the digital environment, aimed at resolving questions about document validity.
Market volatility and rising capital costs are putting pressure on merchant margins. HKD often become cautious about restocking and investing in new selling tools, which can lead to missed opportunities. In addition, traditional handwritten revenue recording and fragmented cash flows—combined with limited transparency—can make it harder for financial institutions to grant HKD large credit limits quickly.
ACB’s loan discount program offers a 1.0% annual reduction for new customers needing short-term production and business loans. The total limit of the program reaches 5,000 billion VND, intended to ensure liquidity for the market.
Alongside the interest-rate concessions, the short-term working-capital loan product has an online disbursement limit of up to 20 billion VND, with fast processing. A separate Production and Business Overdraft product offers a flexible limit of up to 5 billion VND to meet short-term funding needs and maintain cash flow.
ACB said it has continued to offer timely support to HKD since the start of the year, including favorable policies for HKD loans serving production and business.
Special packages for HKD include:
For more information on these offers, customers can refer to the provided link or contact the 24/7 Contact Center at hotline (028) 38 247 247, or their nearest branch for advice and support.
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