E-enterprise and the Law: Realizing the Potential Risks

Tran Van Long and Quoc Tan Phan

Chapter 30 in Recent Developments in Vietnamese Business and Finance, 2021, pp 745-758 from World Scientific Publishing Co. Pte. Ltd.

Abstract: In the digital economy, the concept of e-enterprise is not new but keeps constantly developing, which results in a series of challenges for lawmakers: How to regulate this new model of business beneficially, on the one hand, and manage risks thereof effectively, on the other? This chapter aims to study the practice of establishment and development of e-enterprises and the current legal framework regulating e-business. Moreover, the authors point out the legal risks that can arise from this new model and suggest some legal solutions thereof. In doing so, the chapter starts with an in-depth discussion of the definition of e-enterprise in a literature review. Secondly, the chapter addresses the legal risks of e-enterprise in the case of Vietnam, where the model of e-enterprise can be abused to form a bogus company (or shell corporation). Finally, the chapter sketches out some recommendations relating to business law. Current Vietnamese laws need to be reconsidered to regulate this new type of business efficiently.

Keywords: Vietnam; Business; Finance; Economy; Economics; Banking; Gender Equality; Management; Business Research (search for similar items in EconPapers)
JEL-codes: F2 F3 F4 (search for similar items in EconPapers)
Date: 2021
References: Add references at CitEc
Citations:

Downloads: (external link)
https://www.worldscientific.com/doi/pdf/10.1142/9789811227158_0030 (application/pdf)
https://www.worldscientific.com/doi/abs/10.1142/9789811227158_0030 (text/html)
Ebook Access is available upon purchase.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:wsi:wschap:9789811227158_0030

Ordering information: This item can be ordered from

Access Statistics for this chapter

More chapters in World Scientific Book Chapters from World Scientific Publishing Co. Pte. Ltd.
Bibliographic data for series maintained by Tai Tone Lim ().