Foreign e-commerce floors must supplement business licenses before January 1
E-commerce is increasingly attracting consumers. (Photo: VNA)
Foreign-invested e-commerce floors doing business in Vietnam must supplement their business licenses before January 1 next year if they have not provided enough according to regulations.
The update is done online through portal online.gov.vn.
The Vietnam E-commerce and Digital Economy Agency has just announced the addition of business licenses for foreign-invested economic organisations operating in the field of e-commerce.
Decree 85 issued last year, which amends and supplements a number of articles of the Government's Decree 52 (2013) on e-commerce, has specific provisions on supplementing business licenses for foreign investors, and economic organisations with foreign investment capital.
Decree 85 adds many new regulations in the field of e-commerce.
Specifically, foreign traders and organisations that have websites providing e-commerce services in Vietnam must register for e-commerce activities and set up representative offices in the country according to the provisions of law or appoint a representative according to regulations of authorisation in Vietnam.
Accordingly, the representative office or the content of authorisation must ensure the responsibility to coordinate with State management agencies in preventing transactions of goods and services in violation of Vietnamese law; perform obligations on protecting the interests of consumers, product and goods quality according to the provisions of Vietnamese law; and make reports as required.
To provide e-commerce services in the country, foreign traders and organisations must carry out registration procedures with the Ministry of Industry and Trade within 12 months from the effective date of the Decree.
Vietnamese e-commerce trading floors must be responsible for verifying the identities of foreign traders and organisations selling goods on their e-commerce trading floor.
Previously, the Vietnam E-commerce and Digital Economy Agency also had a document requesting foreign traders and organisations that have e-commerce activities in the country to comply with regulations of the management agency, which took effect from the beginning of this year./.
Related News

E-commerce tax collection estimated at VND 116 Trillion
07:54 | 31/12/2024 Finance

Violations via e-commerce in HCM City surges
13:45 | 28/12/2024 Anti-Smuggling

Sustainable Green Development: New Driving Force for the Retail Industry
07:44 | 31/12/2024 Import-Export

Paving the way for Vietnamese agricultural products in China
11:08 | 26/12/2024 Import-Export
Latest News

Embracing green exports: a pathway to enter global supply chains
10:33 | 20/02/2025 Import-Export

New policy proposed to prevent transfer pricing, tax evasion of FDI enterprises
10:32 | 20/02/2025 Import-Export

Việt Nam’s durian exports to China plummet by 80%
16:18 | 19/02/2025 Import-Export

Coconut exports reach 14-year high
15:29 | 18/02/2025 Import-Export
More News

Shrimp exports grow in the first month of 2025
15:28 | 18/02/2025 Import-Export

Rice export prices drop, but decline expected to be short-term
08:10 | 17/02/2025 Import-Export

Key agro products expected to maintain export growth this year
08:08 | 17/02/2025 Import-Export

EU issues 12 warnings against Việt Nam’s food and agricultural exports
08:07 | 17/02/2025 Import-Export

Việt Nam to impose VAT on low-value express-imported goods
08:06 | 17/02/2025 Import-Export

Exchange rate risks need attention in near future
16:31 | 15/02/2025 Import-Export

Vietnam kicked off the year with a strong start in trade, exceeding US$63 billion in the first month
16:30 | 15/02/2025 Import-Export

Import and export turnover reaches about US$29 billion in the second half of January 2025
14:52 | 14/02/2025 Import-Export

Market edges up slightly as liquidity remains low
14:48 | 14/02/2025 Import-Export
Your care

Embracing green exports: a pathway to enter global supply chains
10:33 | 20/02/2025 Import-Export

New policy proposed to prevent transfer pricing, tax evasion of FDI enterprises
10:32 | 20/02/2025 Import-Export

Việt Nam’s durian exports to China plummet by 80%
16:18 | 19/02/2025 Import-Export

Coconut exports reach 14-year high
15:29 | 18/02/2025 Import-Export

Shrimp exports grow in the first month of 2025
15:28 | 18/02/2025 Import-Export