The draft law comprises seven chapters and 55 articles, defining the rights and responsibilities of entities like e-merchants, online business individuals, e-commerce platforms, logistics, payment, advertising services providers and foreign organisations and enterprises with cross-border activities in the country.
It proposes 10 prohibited acts for online businesses. These include using e-commerce to illegally raise capital; committing fraud or deceiving customers; and providing false or misleading information during administrative procedures or when supplying data to state authorities, according to domestic media reports.
The Ministry of Industry and Trade is responsible for the contents of the draft law, as well as the contents of the reports on acceptance and explanation of opinions of the National Assembly’s Standing Committee and government members on the law.
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