LOOSEN PROVISIONS ON ESTABLISHING E-COMMERCE WEBSITE
Many provisions on business conditions under state management of the Ministry of Industry and Trade are loosen. This is the main content of Decree No. 08/2018/ND-CP dated January 15, 2018 of the Government.
In e-commerce field, this Decree defined that the trader, organization or individual that is issued with personal tax identification number are allowed to set up e-commerce websites, without having websites with valid domain names and complying with regulations on management of information on the Internet or having functions and tasks in compliance with law as before.
With regards to franchising field, the franchisor shall be entitled to franchise a business if it has been operating for at least 1 year. So, many previous conditions such as: Has registered franchising with the competent agency; In-business goods and/or services covered by commercial rights do not violate the provisions of law... are eliminated.
With regards to petrol and oil field, eliminated provision "enterprise that are allowed to import, export petrol and oil must having registered for petrol and oil trading as specified in its enterprise registration certificate". In conclusion, any enterprise that established lawfully, meets the requirement of relevant law is allowed to import, export petrol and oil without having registered for petrol and oil trading as specified in its enterprise registration certificate.
This Decree takes effect on the signing date.
