HANOI, Jan. 21 (Xinhua) -- Vietnamese Ministry of Industry and Trade has proposed that cross-border e-commerce enterprises doing business in Vietnam must register for an operating license, local media reported Tuesday.

According to the draft law on e-commerce, which calls for open opinions and feedback, cross-border e-commerce enterprises must also establish an office, or appoint a legal entity as a representative, as per authorization in the country.

Cross-border e-commerce platforms will be banned from selling goods or providing services if they have not completed the compliant procedures with the e-commerce regulatory authorities.

The value of Vietnam's e-commerce market surpassed 25 billion U.S. dollars last year, up nearly 20 percent compared to 2023, said the ministry. Enditem

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