After 17 years of implementation, the provisions of the Law on E-Transactions 2005 have revealed certain shortcomings and limitations when implemented in practice, and are no longer suitable for economic and social development. In order to overcome such limitations and improve the regulations on e-transactions, the Law on E-Transactions 2023 was promulgated by the National Assembly on June 22, 2023, and will take effect from July 1, 2024.
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Some provisions in the draft Law on E-transactions (amended)
In order to meet the practical requirements of socio-economic development and ensure the consistency with relevant legal provisions, the draft Law on E-Transactions (amended) is being drafted by the Ministry of Information and Communication and now in the process of collecting public comments. Some provisions in the draft Law on E-transactions (amended) are presented in this article.
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