LEGAL UPDATES – OCTOBER 2023 – NEW LAW ON E-TRANSACTIONS PASSED TO BOOST DIGITAL TRANSFORMATION IN VIETNAM

After 18 years since the first Law on E-Transactions was adopted paving the way for technology development in Vietnam, the National Assembly passed the new Law on E-Transactions No. 20/2023/QH15 in June 2023. This new Law on E-Transactions will supersede the existing law from 1 July 2024 and aims at addressing inadequacies under the current legal framework and promoting digitalization in Vietnam. Please check out the Legal Updates of RHTLaw Vietnam here to catch up with the new regulations.