E-commerce website and must be registered or notified to the Ministry of Industry and Trade (MoIT).

Enterprises with foreign-owned capital (even one per cent) need to register distribution rights before trading goods purchased from other Vietnamese organisations or imported into the country.

When making an investment in Vietnam, foreign investors must study the feasibility of the project based on various factors. One of them is that the investor must make sure if the business sectors they plan to operate in are permitted by the laws of Vietnam or satisfy regulatory conditions and requirements.

Applying the Rules of Origin of Goods in Asean Trade In Goods Agreement (ATIGA) will help enterprises enjoy preferential tax rates and manage compliance costs that enterprises must bear under the form of documents and accounting cost.

When encountering difficulties in bank borrowing, enterprises usually take loans from individuals or other enterprises, which may entail many risks for both sides due to unclear regulations on Loan Agreements.

According to the Commerce Act 2005, although goods have been delivered to and are paid by the agents, goods’ owners are still the principals. The principals should, therefore, specify several contents to ensure their rights.

In the distribution relationship, the principal can deliver goods to a number of different agents. Therefore, drafting of the agent agreement, which not only meets the required needs, but also ensures the rights of the parties, should be taken into account.

The 2015 Civil Code, which will take effect January 1^st, 2017, discusses risks that enterprises should take into consideration when creating contracts for the sale of goods, machinery, equipment and raw materials.

Enterprises conducting false product advertising may be subject to legal liability in many respects, in particular, the risk of bearing criminal liability if the act of advertising shows sufficient signs to be considered a crime under the regulations.