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Joint work between ONA and HSF on Electronic Transactions
Workshop on “Legal regulations on electronic transactions: facts and recommendations”

Hanns Seidel Foundation Vietnam (HSF), the Office of the National Assembly (ONA), and the Committee of Science, Technology and Environment of the National Assembly successfully organized a two-day workshop on “Legal regulations on Electronic Transactions: Facts and recommendations”. The primary goal of this workshop is to foster a multistakeholder forum that will make recommendations for amendments of the Law on Electronic Transactions.

Participants of the workshop during the plenary discussion session

Participants of the workshop during the plenary discussion session

HSF

In an effort to promote and grow the digital economy, Vietnam is in the process of drafting amendments for its E-transaction Law which was first endorsed in the country in 2005. One of the key objectives of the revision is to create a healthy and safe regulatory environment that promotes electronic transactions. The creation of a sound and secure regulatory environment that supports electronic transactions is one of the revision's main goals. In light of this context, the Committee of Science, Technology, and the Environment, ONA and HSF collaborated to arrange a two-day workshop to identify potential legal improvements to the current E-transaction Law.

Nearly 100 representatives including officials from the ONA and committees of the National Assembly together with experts and deputies from 10 provinces in Central Highlands and Middle Vietnam gathered in Quy Nhon to discuss various issues related to the Draft of the amended Electronic Transaction Act. In the first day of the workshop, legal experts from the Vietnam’s Data Security Association, Ho Chi Minh University of Law, and Ministry of Information and Communication shared their sound knowledge on topics such as Laws regarding electronic transactions in Vietnam and abroad; shortcomings of the current Law on Electronic Transactions and suggestions for modification. On the second day, discussions of participants and speakers focused on the current situation of different aspects of electronic transactions such as e-signature, and e-payment, and electronic identification and authentication.  According to speakers, validity and authentication of these electronic elements should be written in the E-transaction Law. Furthermore, provisions on consumer protection in the digital marketplace and e-commerce activities should also be included in the E-transactions law (amended).

 

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