Commencing 8 September 2001, all internet activities in Vietnam are subject to the new Internet Regulations enacted under a Government Decree No 55/2001/ND-CP dated 23 August 2001. These new Regulations have replaced the Provisional Regulations of 1997 on the management, establishment and use of the Internet in Vietnam.
This is the first time since the date Vietnam logged onto the internet four years ago that there is an official legal framework in place for internet activities.
What is most welcome under these new Regulations is that Internet service provider business is open up for private sectors and foreign investors. Internet exchange provision business is still reserved only for state owned enterprises or enterprises in which the Vietnamese State holds absolute majority shares.