Vietnam is creating the foundation to implement e-commerce commitments

Anh Sơn |

As a member state of ASEAN, Vietnam is actively participating in free trade agreements (FTAs) that include provisions on e-commerce.

Anh: Bo Cong Thuong
Photo: Ministry of Industry and Trade

On information and communication technology infrastructure

Vietnam has significantly improved its IT infrastructure in recent years. According to the United Nations E-Government Development Index 2024 Report, Vietnam has moved up to the “Extremely High E-Government Development Index (EGDI)” group, ranking 71st in 2024. Key metrics such as the Online Services Index (OSI), Telecommunications Infrastructure Index (TII), Human Capital Index (HCI), and Electronic Participation Index (EPI) have all improved compared to two years ago. In Southeast Asia, Vietnam now ranks 5th out of 11 countries, up one place from 2022. Vietnam’s ranking in online public services has also improved significantly.

On the paperless trade facilitation system

The e-customs system is capable of performing relevant electronic functions, including e-Declaration; e-Manifest; e-Invoice; e-Payment; e-C/O; (selective) flow; risk profile management based on integrated risk criteria; import-export enterprise management; customs clearance and release of goods. The Vietnam Customs Information System (VCIS) is also integrated into the automated customs clearance system, forming two unified components of VNACCS/VCIS. The combined system combines all necessary customs processes in one automated platform.

Along with the e-Customs System, Vietnam's National Single Window (NSW) officially came into operation in November 2014, which is an important platform for effective data exchange.

About the legal framework

Regarding e-commerce, Vietnam is gradually perfecting the legal framework to support the implementation of e-commerce commitments in Free Trade Agreements.

Regarding e-transactions, Vietnam issued a new Law on E-Transactions in 2023 to create a favorable legal corridor for the conversion of activities from the physical environment to the digital environment in all industries and fields.

Regarding consumer protection: Vietnam promulgated a new Law on Consumer Protection in 2023. Accordingly, contents on consumer protection are added to adapt to changes in the economic and social environment, especially with business activities in the online environment.

Regarding personal information protection: this content is regulated in a number of laws and decrees of Vietnam such as the Law on Network Information Security, the Law on Cyber ​​Security... In 2023, Vietnam issued Decree No. 12/2023/ND-CP on personal data protection. Currently, the Law on Personal Data Protection is being discussed.

Thus, it can be seen that Vietnam's legal framework is aiming to cover the issues mentioned in e-commerce commitments in Free Trade Agreements, creating maximum convenience for implementing commitments and exploiting benefits from e-commerce commitments.

Anh Sơn
RELATED NEWS

Combining e-commerce methods in pharmaceutical business

|

Nowadays, buying and selling through e-commerce is becoming more and more popular. Accordingly, online buying and selling of pharmaceuticals is also increasing.

AI and e-commerce pave the way for cross-border startups

|

The 5th National Innovative Startup Forum - 2024 brings many business ideas and access to the cross-border AI intellectual energy market.

Iran declares to continue attacking the US and Israel

|

Iran affirmed that it would escalate the war, denied the assessment of weakening military capabilities and denied the current ceasefire negotiations.

Car crashes into barrier on Nhat Tan bridge, suspected to be due to driver drowsiness

|

Hanoi - A car moving on Nhat Tan bridge lost control and crashed into a barrier separating the lane.

Stock market unexpectedly adjusts

|

The stock market closed the second trading session of April emotionally, with continuous tug-of-war.

Man jumps into river to find girl suspected of jumping off bridge to commit suicide

|

Nghe An - A man jumped into the river to search for a young girl suspected of leaving her car on the bridge and then jumping down, functional forces are continuing the search.

29 record temperatures in Hanoi and 8 provinces and cities in March, summer signals

|

In March, the Northern region and provinces from Thanh Hoa-Hue had common temperatures 1-3 degrees Celsius higher than the average; 29 temperature records were recorded.

Nearly 20 months without pay, teacher works as a construction worker, teacher returns to sell spring rolls and sausages

|

Phu Tho - Nearly 20 months without salary, dozens of teachers at Song Hong Technical - Professional Secondary School (old) do all kinds of jobs to make a living.

Combining e-commerce methods in pharmaceutical business

Thùy Linh |

Nowadays, buying and selling through e-commerce is becoming more and more popular. Accordingly, online buying and selling of pharmaceuticals is also increasing.

AI and e-commerce pave the way for cross-border startups

Vũ Long |

The 5th National Innovative Startup Forum - 2024 brings many business ideas and access to the cross-border AI intellectual energy market.

Khai thác tối đa lợi thế từ thương mại điện tử

Nhóm phóng viên |

Những năm gần đây, thương mại điện tử Việt Nam ghi nhận tốc độ tăng trưởng nhanh và mạnh mẽ. Hiện tại, trên 73% dân số Việt Nam sử dụng Internet, trong số đó có tới 78% người dùng tham gia mua sắm trực tuyến. Để khai thác tối đa lợi thế mà thương mại điện tử mang lại, doanh nghiệp địa phương và cơ quan quản lý cần một nền tảng để phân tích và theo dõi, từ đó đưa ra chiến lược bắt kịp với sự biến đổi liên tục của thị trường.