Electronic contract formation

17:10 - 07/03/2026

Electronic contract formation

Electronic contract formation has become an increasingly common method in modern commercial and digital business activities.

Under Vietnamese law, contracts concluded through electronic means have the same legal validity as written contracts, provided that they satisfy the essential conditions regarding the parties’ capacity, the contract content, and the clear expression of mutual consent.

However, businesses should pay close attention to issues such as identity verification, electronic signatures, data security, and the proper storage of transaction records.

Establishing a well-structured electronic contracting process can help enterprises minimize legal risks and effectively protect the rights and interests of all parties involved.

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