Foreign e-commerce floors must supplement business licenses before January 1
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.
E-commerce is increasingly attracting consumers. (Photo: VNA)
Hanoi (VNS/VNA) - Foreign-invested e-commerce floors doing businessin Vietnam must supplement their business licenses before January 1 next yearif they have not provided enough according to regulations.
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The Vietnam E-commerce and Digital Economy Agency has just announced theaddition of business licenses for foreign-invested economic organisationsoperating in the field of e-commerce.
Decree 85 issued last year, which amends and supplements a number of articlesof the Government's Decree 52 (2013) on e-commerce, has specific provisions onsupplementing business licenses for foreign investors, and economicorganisations with foreign investment capital.
Decree 85 adds many new regulations in the field of e-commerce.
Specifically, foreign traders and organisations that have websites providinge-commerce services in Vietnam must register for e-commerce activities and setup representative offices in the country according to the provisions of law orappoint a representative according to regulations of authorisation in Vietnam.
Accordingly, the representative office or the content of authorisation must ensurethe responsibility to coordinate with State management agencies in preventingtransactions of goods and services in violation of Vietnamese law; performobligations on protecting the interests of consumers, product and goods qualityaccording to the provisions of Vietnamese law; and make reports as required.
To provide e-commerce services in the country, foreign traders andorganisations must carry out registration procedures with the Ministry ofIndustry and Trade within 12 months from the effective date of the Decree.
Vietnamese e-commerce trading floors must be responsible for verifying theidentities of foreign traders and organisations selling goods on theire-commerce trading floor.
Previously, the Vietnam E-commerce and Digital Economy Agency also had adocument requesting foreign traders and organisations that have e-commerceactivities in the country to comply with regulations of the management agency,which took effect from the beginning of this year./.
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E-commerce is increasingly attracting consumers. (Photo: VNA) 
