Vietnam: New regulation on operation of e-commerce service websites

Recently, on August 20, 2018, the Ministry of Industry and Trade of Vietnam issued Circular No. 21/2018/TT-BCT amending a number of articles of Circular No. 47/2014/TT-BCT regulating the management of e-commerce websites and Circular No. 59/2015/TT-BCT on management of e-commerce activities via applications on mobile equipment.

 A notable content of Circular No. 21/2018/TT-BCT of the Ministry of Industry and Trade of Vietnam is the regulation on registrants for e-commerce service websites.

According to current regulation, registrants mean traders or organizations operating in trade promotion or enterprise support, having e-commerce websites providing at least one of the following services:

- E-commerce exchange services;

- Online promotion services;

- Online auction services.

However, according to new regulation, registrants only need to be traders or organizations having e-commerce websites that provide one of the above services to be eligible to register for websites providing e-commerce services.

View other amendments at Circular No. 21/2018/TT-BCT of the Ministry of Industry and Trade of Vietnam, effective from October 18, 2018.

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