New Decree on e-commerce to be submitted in January

VGP – The Government has asked the Ministry of Industry and Trade to finalize draft Decree on e-commerce and submit it to the Prime Minister for approval in January this year, the Government Office announced Wednesday.

January 09, 2013 4:05 PM GMT+7

The draft aims to replace the Government’s Decree on e-commerce which was issued in 2006.

According Chairman of the Viet Nam International Arbitration Center (VIAC) Tran Huu Quynh, the document is a good signal for e-commerce because it concentrates on establishing trustworthiness and ways of solving conflicts.

"Enterprises have expressed concern about e-commerce security while consumers are afraid of running into problems not completely covered in the previous decree," Mr. Quynh said. "The lack of security has cost many enterprises hundreds of billions of dong - and consumers find no help when they get into trouble."

Meanwhile, Nguyen Tan Nhat Linh, chief of the Legal Department of Ministry of Industry and Trade (MoIT), said: "The rapid development of e-commerce across the country calls for an update. The draft decree is expected to become law next year."

More than 30% of the population was now using the Internet, said Mr. Tran Huu Linh, Head of the E-commerce and Information Technology Agency./.

By Huong Giang