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ARTICLE · 02 MAY 2022

Draft Law On Protection Of Consumers' Rights

Early January 2022, the Ministry of Industry and Trade released the Draft Law on the protection of consumers' rights (Draft Law) for public comments.

VietnamConsumer Protection

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 .

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