IMPACT OF THE ASEAN ELECTRONIC COMMERCE AGREEMENT ON VIETNAMESE LAW

Abstract

Purpose: The purpose of this study is to investigate the impact of the ASEAN Electronic Commerce Agreement on Vietnamese law. Theoretical framework: Currently, electronic commerce plays an increasingly important role in meeting human needs and significantly contributes to economic development. The advent of the ASEAN Electronic Commerce Agreement has necessitated the enhancement of the legal framework for electronic commerce activities within the ASEAN region. Design/methodology/approach: The ASEAN Electronic Commerce Agreement has a profound impact on the electronic commerce laws of ASEAN countries, serving as a basis for regulating electronic commerce issues in the region and aligning with global electronic commerce trends. Findings: As a member of the ASEAN region, the ASEAN Electronic Commerce Agreement has opened up opportunities for Vietnam to develop and integrate with the international market. However, Vietnam also faces challenges, highlighting the urgent need to improve the national legal framework for electronic commerce.