Lawmakers pass revised Law on Electronic Transactions

Deputies of the 15th National Assembly (NA) passed the Law on Electronic Transactions (revised) with 468 voting in favour, equivalent to 94.74% of the total number of NA deputies, on June 22 - the 21st working day of the fifth session.
Lawmakers pass revised Law on Electronic Transactions ảnh 1NA deputies vote to pass the revised Law on Electronic Transactions (Photo: VNA)

Hanoi (VNA) – Deputies of the 15th National Assembly (NA) passed the Law on Electronic Transactions (revised) with 468 voting in favour, equivalent to 94.74% of the total number of NA deputies, on June 22 - the 21st working day of the fifthsession.

The document, which will come into effect on July 1, 2024, consistsof eight chapters and 53 articles.

The policy for electronic transactiondevelopment aims to protect the interests of the state, the public, and thelegitimate rights and interests of agencies, organisations, and individuals. Itensures voluntary choices in conducting electronic transactions and allowsparties to agree on the selection of technology, electronic means, electronicsignatures, and other electronic confirmation methods for conducting electronictransactions, except others stated in the document.

State agencies are required to ensure that the results of administrative proceduresettlement or other official activities that are not classified as statesecrets are available in electronic form with the same legal validity as paperdocuments.

They must receive and process requests from organisationsand individuals through the electronic environment, unless otherwise specifiedby the law.

They are also responsible for preparing contingency plansfor emergency situations, particularly in case of disruptions to onlinenetwork environment. These plans should include both response measures andstrategies to address and recover from such incidents, ensuring the continuityof transactional activities.

During the sitting, lawmakers also voted to pass a resolution onthe list and amount of capital for tasks and projects under the socio-economicrecovery and development programme; the allocation, adjustment, and supplementof the mid-term public investment plan from the central budget in the 2021-2025period; and the allocation of the central budget for the national targetprogramme.

Accordingly, the NA decided to allocate a total of over 13.3trillion VND (565.7 million USD) of the remaining capital of the socio-economic recovery anddevelopment programme to ministries, central and local agencies to implement investmentprojects that have completed the necessary procedures./. 

VNA

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