Which revenues and expenditures in Vietnam are non-cash payment?

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Question date: 04/10/2022

Related to the field of corruption prevention: What revenues and expenditures inState organizations are required to use non-cash payment?

    • In Clause 1, Article 29 of the Anti-Corruption Law 2018, it is stipulated:

      Article 29. Non-cash payment in Vietnam

      1. State organizations shall ensure that the following transactions are non-cash payment:

      a) High-value revenues and expenditures where non-cash payment is possible according to regulations of the Government;

      b) Payment of salaries, bonuses and other regular expenditures.

      Thus, according to the above-mentioned regulations in Vietnam, the above revenues and expenditures to ensure publicity and transparency are compulsory, the payment is not allowed to use cash.

      Best Regards!

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    "This English translation is for reference purposes only and not a definitive translation of the original Vietnamese texts"

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