The Electronic Transactions Law of 2005 outlined prohibited conduct in electronic transactions. However, to keep pace with the current trend towards cashless payments, on June 22, 2023, the National Assembly issued the Electronic Transactions Law No. 20/2023/QH15, detailing the prohibited conduct as follows:

According to Article 6 of the Electronic Transactions Law 2023, eight acts are prohibited in electronic transactions, including:

Abusing electronic transactions to infringe upon national, ethnic, national security, public order, social safety, public interests, or the legitimate rights and interests of agencies, organizations, and individuals.

Illegally obstructing or preventing the creation, sending, receiving, or storing of data messages, or other acts aimed at sabotaging the information system serving electronic transactions.

Collecting, providing, using, disclosing, displaying, distributing, or trading data messages unlawfully.

Forging, falsifying, deleting, destroying, copying, or illegally moving part or all of a data message.

Creating data messages to perform illegal acts.

Fraudulently, falsifying, appropriating, or unlawfully using electronic transaction accounts, electronic certificates, electronic signature certificates, and electronic signatures.

Obstructing the choice to conduct electronic transactions.

Other acts prohibited by law.

This law takes effect from July 1, 2024.

This bulletin is for informational purposes only regarding newly enacted legal regulations and is not intended for advising or applying to specific cases.

Bizlawyer is honored to accompany our esteemed readers!