Prosperity and Development Joint Stock Commercial Bank (PGBank) signed a cooperation agreement with the Department of Taxation to implement programs to support business households, individual businesses and taxpayers nationwide, on June 10.
According to the signing content, the two units will coordinate to deploy programs to support business households and individual businesses in accessing banking and financial solutions, electronic payments, electronic invoices and business management tools on digital platforms. At the same time, the Tax Department and PGBank will promote propaganda, guidance and support for taxpayers in the process of implementing new regulations on taxes, electronic invoices and non-cash payments.
Signing ceremony of a Memorandum of Cooperation on implementing solutions and programs to support business households, individual businesses and taxpayers nationwide between PGBank and the Tax Department. Image: PGBank
Within the cooperation framework, the Tax Department will coordinate with local tax systems to create conditions for PGBank to implement a program to support business households nationwide. At the same time, the two sides will coordinate to propagate, disseminate policies, train and support in solving problems in the process of implementing electronic invoices, non-cash payments and solutions to serve digital transformation for business households.
Speaking at the ceremony, Mr. Mai Son, Deputy Director of the Tax Department, highly appreciated PGBank proactively connecting and mobilizing social resources to build a solution ecosystem to support business households. “With the close connection, sharing and companionship between PGBank and the Tax Department, I believe that the cooperation program will contribute to promoting the transformation of business households, supporting private economic development and realizing the economic development policies of the Party and State,” the representative of the Tax Department emphasized.
Mr. Mai Son, Deputy Director of the Tax Department spoke at the ceremony. Image: PGBank
PGBank representative said that cooperation with the Tax Department is part of the retail banking development strategy, and shows the orientation of accompanying the business community in the digital transformation process.
“In addition to providing financial solutions, PGBank wishes to become a trusted companion of business households on the entire digitalization journey, from sales management, payment, fulfilling tax obligations to accessing capital and expanding production and business activities,” shared Mr. Nguyen Van Huong, General Director of PGBank.
Mr. Nguyen Van Huong, Member of the Board of Directors and General Director of PGBank spoke at the ceremony. Image: PGBank
Within the framework of the cooperation program, PGBank also introduces the “Household Business Account” solution set for business households and individual businesses. The solution suite integrates many utilities such as payment accounts specifically for business households, transaction announcement speakers, sales management software, electronic invoices, digital signatures and modern payment support tools.
According to bank representatives, this solution helps customers standardize business operations, separate cash flows, manage revenue and improve transparency in operations.
PGBank also implemented a number of incentive programs for customers opening new business accounts such as cashback up to 600,000 VND, giving away beautiful account numbers, adding interest on online deposits and supporting technology solutions to serve business activities.
The cooperation program is implemented in the context that the Tax industry is promoting digital transformation, promoting the application of electronic invoices and non-cash payments. According to statistics from management agencies, household businesses are currently one of the important economic forces, contributing significantly to economic growth and job creation. However, many households are still in the process of converting from traditional management methods to digital business models, leading to increasing demand for financial solutions, electronic payments, electronic invoices and modern management tools.
In that context, the coordination between tax authorities and financial institutions is expected to contribute to helping taxpayers have more convenient access to digital tools, while improving the efficiency of implementing regulations on electronic invoices, electronic payments and tax obligations.
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