- Vietnam’s Ministry of Industry and Trade released the first draft of the Law on E-Commerce for public consultation on 22 June 2025.
- The Draft Law aims to modernize the legal framework for e-commerce by defining platform obligations and regulating foreign participation.
- E-commerce platforms are classified into four categories: Direct Sales Platforms, Intermediary Platforms, Social Media Platforms with E-Commerce Functions, and Integrated Multiservice Platforms.
- Each category has specific compliance requirements, such as business information disclosure, seller identity verification, and content moderation.
- The Draft Law introduces regulations for cross-border e-commerce activities, including local presence requirements and obligations for authorized representatives.
- Foreign investment in large-scale e-commerce platforms is subject to conditional market access and national security reviews.
Source: dfdl.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
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