Vietnam: New Decree for Purpose of Enhancing Regulations on E Commerce Service Providers
Although the e-commerce market has grown rapidly in Vietnam due to, among other factors, the COVID-19 pandemic, Decree No. 52/2013/ND-CP (Decree 52) on e-commerce, which is the key conventional legislation, has proven to be insufficient and unclear in terms of regulations applicable to foreign e-commerce service providers that do not have a presence in Vietnam. In response to this, on September 25, 2021, the Ministry of Industry and Trade of Vietnam (the MOIT) enacted Decree No. 85/2021/ND-CP, which amends and supplements some of the regulations of Decree 52 (New Amending Decree). The New Amending Decree came into effect on 1 January 2022. The main amendments of the New Amending Decree that are noticeable to foreign investors are as follows, and...To read the full article, please see the PDF file
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Asia Newsletter (January 20, 2022) (1.19 MB / 5 pages)
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Stationed in Singapore in 2010 and in Vietnam since 2013, and supported foreign investors in their investments and business development in South East Asia. Provided legal advice on various projects including the following: • M&A deals • infrastructure development projects including smart city, road, and railway • natural resources and energy projects including renewable energy projects • real-estate development projects including residential housing, commercial/logistics, offices, hospitality properties, complex buildings Kazuhide has also advised foreign invested companies in South East Asia in various areas, such as labor, trade, information security, digital regulations, crisis management, and compliance.