The bill consists of seven chapters and 55 articles, which define the rights and responsibilities of entities such as e-merchants, online entrepreneurs, e-commerce platforms, logistics, payment and advertising service providers, and foreign organizations and companies with cross-border activities in the country.
Vietnam recently approved the content of the draft law on e-commerce. The bill defines the rights and responsibilities of entities such as e-merchants, online entrepreneurs, e-commerce platforms, logistics, payment and advertising service providers and foreign organizations and companies with cross-border activities in the country. Proposes 10 prohibited acts for online businesses.
Proposes 10 prohibited acts for online businesses. These include using e-commerce to raise capital illegally; commit fraud or deceive customers; and providing false or misleading information during administrative procedures or when providing data to state authorities, according to national media reports.
The Ministry of Industry and Commerce is responsible for the content of the bill, as well as the content of the reports of acceptance and explanation of the opinions of the Standing Committee of the National Assembly and government members on the law.
Fiber2Fashion News Desk (DS)
