[KPMG] An In-depth Look into the New Law on Telecommunications of Vietnam

On 24 November 2023, Vietnam’s National Assembly promulgated Law No. 24/2023/QH15 on Telecommunications (the “New Telecoms Law”), replacing the Law No. 41/2009/QH12 on Telecommunications dated 23 November 2009 (the “2009 Law”), aiming to introduce a new and updated version that is better aligned with the present digital economy.  The New Telecoms Law will take effect from 1 July 2024, save for certain provisions on (i) data center service, cloud computing services, and Telecommunication application or “Over-The-Top” (“OTT”) services, and (ii) the payment of fees for registering or maintaining the use of network numbers that will take effect from 1 January 2025. The implementation and enforcement of the New Telecoms Law are under the responsibility of the Ministry of Information and Communication.

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