Topic: legal corridor

Vietnamese enterprises taking part in the internet economy face major challenges. The legal framework on intellectual property in the country is quite complex, and includes the Law on Intellectual Property, the Law on Competition, and the Law on Cybersecurity. Vietnam has also joined certain international conventions. However, effective tools to combat unfair competition are still lacking, which protect businesses in cyberspace, especially in terms of intellectual property rights.

Amendments to the Law on Medical Examination and Treatment have become necessary. Financial mechanisms are now an issue in the health sector that requires a legal corridor for medical examination and treatment facilities to feel secure.

On July, 29, the “Tax on e-commerce and cross-border digital services: International experience and Vietnamese practice” conference was held by the Institute of Financial Strategy and Policy in cooperation with General Department of Taxation. Analysts believe that tax revenue from e-commerce could skyrocket with control over cross-border trading and payment transactions for digital services based on completing a legal corridor and using technology.