Stringent e-commerce rules for Vietnam coming up ahead
09:00 | 08/05/2021
Vietnamâs e-commerce market is attractive to both domestic and foreign investors â however, there are no specific regulations on foreign investment in this sector. In an effort to enhance the legal framework, the government has recently released a draft of a new decree amending Decree No.52/2013/ND-CP on e-commerce. Partner at Allens Law Firm Linh Bui points out the changes under the draft decree.
Linh Bui
The draft decree provides for more stringent conditions for foreign investment in the e-commerce sector to prevent foreign investors (through their investment in Vietnamese companies) from dominating the Vietnamese distribution market.