Government decree cuts requirements for online businesses

May 25, 2018 | 15:02

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The Government has reduced the number of conditions and notification procedures required from online businesses in a bid to create a more favourable investment environment online.

government decree cuts requirements for online businesses

As many as 10 business conditions and 13 notification procedures have been removed from the list of requirements, according to the Ministry of Information and Communications.

This was announced during a conference on Tuesday in Hanoi on the promulgation of the Decree No 27/2018, which amends and supplements Decree 72/2013/ND-CP on the management, provision and use of Internet services and online information.

Deputy Minister of Information and Communications Hoang Vinh Bao said the amended Decree 27 removed unreasonable conditions to eliminate the difficulties faced by businesses.

Decree 27 abolished five conditions for the licensing of content of online video game scripts, three conditions for the operation of websites and social networking platforms, and two notification procedures for the amendment, supplementation, deadline extension and re-granting of licences for G1 video game services.

The decree also eliminated 11 types of documents required to register the provision of online video games, and two documents for the creation of websites and social networking platforms.

However, Decree 27 also added new regulations, such as the management of applications for the provision of integrated websites, social networking platforms, and online games in application stores. It also shortened the time required to grant licences for websites and social networking platforms from 15 to 10 working days.

The new decree also provides stipulations and details for the suspension and revocation of licences for the establishment of websites and social networking platforms.

VNA

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