Recently, the Ministry of Information and Communication of
Vietnam (MIC) released a new draft Law on E
transactions (Draft Law) for public comments,
which will supersede the existing Law on E-Transactions
(Law on E-Transactions 2005). The deadline for
public comments is 4 July 2022. It is expected that the Draft Law
will be presented for consideration and approval of the National
Assembly in April 2023. In general, the Draft Law proposes
amendments and supplements existing provisions about digital
platforms, digital signatures, digital identity, and
e-contracts.
In this update, we set out some notable points of the Draft
Law.
1. Expansion of Scope of Application
The Law On E-Transactions 2005 does not apply to several
activities including the issuance of certificates of land use
rights, house ownership and other immovable properties, inheritance
documents, marriage certificates, decisions on divorce, birth
certificates, death certificates, bills of exchange and
