E-commerce in Vietnam: licensing, trading and registration provisions for foreign investors.
In this episode, we are discussing about requirements, processes and procedures for foreign investors seeking to start an e-commerce business in Vietnam, delving into the approval levels with various ministries, business lines, types of licenses and restrictions for certain activities. In the podcast, we cover:
- There are 4 types of e-commerce websites: e-commerce sales website, e-commerce trading floor, online promotion website, and online auction website;
- General process for registering an e-commerce website
- Where a company seeks to provide e-commerce services via an E-Commerce Trading Floor, an Online Promotion Website (or App) or an Online Auction Website (or App), it also needs to register the e-commerce business lines (issued by the relevant DPI) and hold a Trading License for e-commerce services (issued by the relevant DoIT)
- Recommended approach for foreign companies that are seeking to operate with e-commerce business lines in Vietnam