Regulations on e-commerce involving foreign traders supplemented
The Government has issued Decree No 85/2021/NĐ-CP amending and supplementing several articles of Decree No 52/2013/NĐ-CP on e-commerce involving foreign traders.
Illustrative image. — Photo vneconomy.vn
The Government has issued Decree No 85/2021/ND-CP amending and supplementing several articles of Decree No 52/2013/ND-CP on e-commerce involving foreign traders.
Accordingly, foreign traders and entities operating websites to provide e-commerce services with Vietnamese domains and language, and having over 100,000 transactions from Viet Nam each year, must register e-commerce activities in line with regulations, establish representative offices or appoint authorised representatives in the country.
Their representative offices or authorised representatives must work with Viet Nam’s State management agencies to prevent transactions of goods and services that violate the nation’s laws.
According to a study conducted by iPrice Group and SimilarWeb, the top 50 shopping sites’ web visits in Viet Nam's Map of E-commerce in the first six months reached more than 1.3 billion, the highest ever level and up by 10 per cent from the first quarter. — VNS
HCM City, in collaboration with Vietnam’s technology company, CMC announced on 21 February an ambitious initiative to establish the world''s first AI city model.
The Chairman of FPT, has highlighted Việt Nam''s immense potential as a high-tech investment destination, emphasising its existing technological strengths and the supportive stance of the Vietnamese government.
SSI Digital Ventures launched to provide capital support to innovative businesses, especially in the fields of digital technology and blockchain and will prioritise Vietnamese start-ups.
Việt Nam wishes to learn from experiences of countries with many achievements in this field such as Poland, as well as to promote cooperation to seek common solutions to global challenges, he said.