How to Register Mobile Application in E-commerce in Vietnam? | ANT Lawyers
The service conducted via mobile applications is no longer a trend, but actually it has become an essential tool for any business that wish to grow and compete in the marketplace. E-commerce applications on mobile platforms, referred to as mobile applications, are applications installed on networked mobile devices that allow users to access databases of other traders, organizations and individuals to purchase, sell, or use services, including sales applications and e-commerce service applications. Owners of sale applications, including traders…
Vietnam Sets to Develop E-commerce and Target 55% of the Population to Shop Online | ANT Lawyers
On May 15, 2020, the Prime Minister issued Decision No. 645/QD-TTg approving the National Master Plan on e-commerce development in the 2021-2025 period aiming to develop e-commerce business area through changing in policy, creating favourable environment, increasing government spending, and attracting investors participating and setting up business in developing e-commerce in Vietnam to transform the economy toward industry 4.0. Specifically, the Vietnam Prime Ministers set the following goals to be achieved by 2025: 55% of the population pa…
How Payment by Documentary Credit in International Commerce Works? | ANT Lawyers
Documentary Credit (also known as letter of credit or bankers commercial credit, or letter of undertaking) is one of the payment instruments that institutions providing non-cash payment services (banks, foreign bank branches, etc.) deal with to make a valid payment transaction at the request of the account holder. Documentary credit is the most commonly used for payment of international sales of goods. The supply of international payment services by institutions providing non-cash payment services shall be conducted in accordance with regulati…
Whats New in the Draft of the Decree on Amending the Decree 52 on E-Commerce?
The Decree No.52/2013/ND-CP (Decree 52) on e-commerce will be effective from July 1st, 2013. However, this Decree does not have specific regulations on e-commerce activities for foreign investors conducting e-commerce activities in Vietnam. Therefore, the draft of the Decree amending Decree 52 shall fill the missing gap for foreign investors with particulars in conducting e-commerce activities in Vietnam. The draft decree has supplemented regulations on management of e-commerce activities for foreign investors setting up business in Vietnam . …
Whats New in the Draft of the Decree on Amending the Decree 52 on E-Commerce? | ANT Lawyers
The Decree No.52/2013/ND-CP (Decree 52) on e-commerce will be effective from July 1st, 2013. However, this Decree does not have specific regulations on e-commerce activities for foreign investors conducting e-commerce activities in Vietnam. Therefore, the draft of the Decree amending Decree 52 shall fill the missing gap for foreign investors with particulars in conducting e-commerce activities in Vietnam . The draft decree has supplemented regulations on management of e-commerce activities for foreign investors setting up business in Vietnam. …
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