DECREE NO 1562016ND CP DATED NOVEMBER 21, 2016, ON AMENDMENTS TO THE GOVERNMENTS DECREE NO 272007ND CP ON e TRANSACTIONS IN FINANCIAL OPERATIONS

THE GOVERNMENT
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THE SOCIALIST REPUBLIC OF VIETNAM
Independence - Freedom - Happiness
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No. 156/2016/ND-CP

Hanoi, November 21, 2016

DECREE
ON AMENDMENTS TO THE GOVERNMENT'S DECREE NO. 27/2007/ND-CP DATED
FEBRUARY 23, 2007 ON E-TRANSACTIONS IN FINANCIAL OPERATIONS
Pursuant to the Law on Government organization dated June 19, 2015;
Pursuant to the Law on Electronic transaction dated November 29, 2005;
At the request of the Minister of Finance;
The Government promulgates a Decree on amendments to the Government's Decree No.
27/2007/ND-CP dated February 23, 2007 on e-transactions in financial operations.
Article 1. Article 14 of Government's Decree No. 27/2007/ND-CP dated February 23, 2007 on
e-transactions in financial operations shall be amended as follows:
“Article 14. Use of digital signatures
1. Digital certificates that are used in digital signatures in financial operations between
organizations, individuals and financial authorities: Digital certificates issued by providers of public
authentication of digital signatures; digital certificates issued by providers of authentication of
digital signatures serving the agencies of the political system; foreign digital certificates that are
accredited; foreign digital certificates that are accepted in Vietnam; foreign digital certificates that
are accepted in international transactions.
Conditions, scope and eligible entities of each digital certificate in financial operations shall be
specified in accordance with law on digital signatures and authentication of digital signatures.
2. Financial authorities entering into e-transactions shall be legally bounded by international

treaty(ies) on digital signatures to which the Socialist Republic of Vietnam is a signatory.
3. The Ministry of Finance shall provide guidelines for e-transactions in financial activities under its
management for which digital signatures are compulsory.”
Article 2. Effect
1. This Decree comes into force January 10, 2017.
2. Clause 5 Article 3, Article 13, Point g and Point h Clause 1 Article 16 of Decree No.
27/2007/ND-CP shall be annulled.
3. Ministers, Heads of ministerial-level agencies, Heads of Governmental agencies, Presidents of
the People’s Committees of provinces and central-affiliated cities, and relevant organizations and
individuals shall implement this Decree./.


ON BEHALF OF THE
GOVERNMENT
PRIME MINISTER

Nguyen Xuan Phuc

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