Presenting the draft law, Minister of Industry and Trade Nguyen Hong Dien emphasized the necessity and urgency of enacting the E-commerce Law to promptly and comprehensively institutionalize the Party's new guidelines on e-commerce development, the digital economy, and align with international commitments that Vietnam is a part of.
This law aims to address the current legal inadequacies, promote sustainable e-commerce growth, protect consumer rights, and contribute positively to the country's socio-economic development in the new era.
The drafting process of the E-commerce Law project has been conducted in accordance with the prescribed procedures. The drafting agency has organized numerous conferences and seminars, soliciting opinions from ministries, sectors, localities, National Assembly delegations, experts, scientists, practitioners, affected parties, and the public to research, absorb, and refine the draft.
The draft law comprises 7 chapters and 48 articles, closely following six major policies approved by the Government. These include regulations on types of e-commerce platforms and the responsibilities of participating entities; regulations on social networks engaging in e-commerce, multi-service integrated platforms; regulations on e-commerce activities with foreign elements; regulations on livestream selling and affiliate marketing; regulations on support services for e-commerce; and policies supporting the development of green and sustainable e-commerce.
The draft law only adjusts the rights and obligations of entities using the internet platform to conduct commercial activities. Business and commercial activities and entities participating in e-commerce activities still comply with relevant specialized laws as in the physical environment.
The draft law has comprehensively supplemented the legal positioning of e-commerce models, from direct selling to multi-party models; enhanced the responsibility of platforms in reviewing, supporting the recall of defective products, protecting consumers, and storing transactions for inspection.
It also expands the responsibilities of social networks with e-commerce activities, multi-service integrated platforms; adds regulations on preventing abuse of dominance, ensuring fair competition.
According to the Minister, the draft law stipulates 20 administrative procedures in e-commerce activities. Compared to current administrative procedures, those in the draft law have been comprehensively reformed and restructured.
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