Asia Newsletter

Vietnam: New Decree for Purpose of Enhancing Regulations on E Commerce Service Providers

Asia Newsletter

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

*This article is also available in Japanese.

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