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Article 292 of Criminal Code to be removed

The Prime Minister and members of the Government have agreed to propose to the National Assembly that Article 292 of the Criminal Code 2015 be removed due to it hindering the development of internet and telecommunications-based companies and startups in particular.

The article, which is yet to take effect, requires all internet service providers work strictly within the terms of their licensing, including gold trading, e-commerce, multi-level marketing, payments, games online, and other internet-based services.

The article is considered unsuitable and unfair for internet-based business activities and should be removed to avoid other unnecessary amendments to the Criminal Code.

There are as many as 267 conditional business activities in Vietnam, all of which are subject to the provisions of the Civil Law, but only internet-based business activities are subject to the Criminal Code, so the article needs to be removed, that is what the Government concluded at its monthly meeting on 01 September 2016.