Institutions and individuals using e-commerce websites will not be required to notify or register with the Ministry of Industry and Trade (MoIT) from October 2018.
This follows the ministry’s Circular 21/2018/TT-BCT revising some regulations relating to e-commerce management stipulated in Decree 47 dated in 2014.
According to Decree 47, e-commerce websites must be registered or notified to the ministry as prescribed by law. Almost all websites that sell and market goods and services on the internet are considered e-commerce websites.
Decree 47 required every organization and individual, who owned e-commerce websites to provide information of their names, business registration, business areas, headquarters and contact information.
The removal of the regulation has shown the ministry’s determination in completing administrative procedures for its deep and thorough reform.
In addition, the ministry has been active in reviewing business and investment conditions to support enterprises’ development.