Overview of Decree 85/2021 regarding e-commerce on social
networks
Effective from January 1, 2022, Decree 85/2021 provides
significant amendments impacting foreign investors in
Vietnam's e-commerce sector, particularly in areas involving
social networks that facilitate transactions between businesses and
consumers. Below, we summarize key provisions affecting e-commerce
operations via social networks
Social network as e-commerce trading platform
Under Decree 85/2021, a social network is classified as an
e-commerce trading platform if it meets the following criteria:
- Platform Activities: The network allows users to (i) open
online shops to display or introduce goods/services, (ii) open
accounts to contract with customers, or (iii) host shopping
sections where users post sales information.
