Recently, the Government of Vietnam issued Decree No. 165/2018/ND-CP on e-transactions in financial operations.
According to Decree No. 165/2018/ND-CP of Vietnam’s Government, an electronic document shall be invalidated under any one of the following conditions:
- It is invalidated in compliance with procedures and regulations of the unit in charge of generating and processing the document according to regulations.
- It is invalidated by consensus between parties.
Note:
- The invalidated electronic document shall be marked and the time and person in charge of invalidation shall be recorded in the information system and notified to relevant parties.
- The invalidated electronic document shall be stored to serve retrieval by competent authorities within the time limit prescribed by specialized law.
- The physical document (if any) converted from the invalidated electronic document is invalid and no longer usable.
Provisions on deletion of electronic documents can be found in Decree No. 165/2018/ND-CP of Vietnam’s Government, which takes effect from February 10, 2019.
- Thanh Lam -
Address: | 19 Nguyen Gia Thieu, Vo Thi Sau Ward, District 3, Ho Chi Minh City |
Phone: | (028) 7302 2286 |
E-mail: | info@lawnet.vn |