Early January 2022, the Ministry of Industry and Trade released
the Draft Law on the protection of consumers' rights (Draft
Law) for public comments.
For the past few years, Vietnam has been a member of various
international treaties, such as CPTPP, EVFTA, UKVFTA, etc., many of
which regulate the members' commitment to policies to protect
consumers' rights and benefits. Therefore, it is essential to
replace the current Law on Protection of Consumers' Rights with
a more updated one to be in line with the common interest of the
international treaties.
In this legal update, we will set out specific noteworthy points
of the Draft Law.
1. Protection of Vulnerable Consumers
The protection of vulnerable consumers' rights is one of the
new regulations introduced by the Draft Law. According to the Draft
Law vulnerable consumers include elderly persons, disabled
persons, children, ethnic minorities and other groups as stated in
relevant regulations 1 .