Businesses and individuals are increasingly using digital signatures to sign contracts and complete transactions, particularly in the context of COVID-19 in Vietnam.
While digital signatures have been gaining popularity for years, their usage has exploded due to COVID-19, as many companies have shifted to remote or hybrid work models and conduct most of their business electronically.
Vietnam Briefing looks at how Vietnam regulates digital signatures, and what steps companies should take when using them to complete contracts.
As per Vietnamese laws, digital signatures, also in electronic form, use a cryptographic system on a digital platform. Such digital signatures are generally electronically attached to the contract that needs to be signed. These types of signatures go beyond an e-signature in terms of providing security as it provides encryption.
Typically, digital signatures are not…
