English 
Vietnamese Ho Chi Minh City – 14 November 2013 – AmCham HCMC ICT event was held successfully with 60 attendees during which Rick Yvanovich, Founder and CEO, TRG International, Chairman AmCham HCMC ICT group, Seck Yee Chung, Partner Baker & McKenzie, Vice-Chair AmCham HCMC ICT group and Nathan Lane, Economic Officer, US Consulate General, Ho Chi Minh City updated everyone on the IT regulations that an individual and a company ought to be aware about. Through a lively panel discussion they painted the larger picture contributing to the bigger regulatory IT framework that’s taking shape in Vietnam.
They stated the Top 5 IT regulations affecting business consisting of: Decree 72, Decree 52, Decree 174, Decree 181, and Decree X. Whilst a controversial law, Decree 72 had lost the media spotlight since its inception a year ago, however its recently gained the spotlight again with the issuance of one of the implementation circulars on OTT services. Despite the media attention that Decree 72 attracted, the upcoming Decree X: draft IT Services Decree, have potentially greater impact not only on IT businesses but also on those MNC’s who are providing IT services to themselves such as from the region or HQ and cross-charging for them.
According to the draft circular, foreign over-the-top (OTT) service providers are required to base at least one host server in Viet Nam and must have trade agreements with Vietnamese telecommunications companies licensed to provide Internet-based calls and texting messages. OTT enterprises which charge fees must follow regulations on fee management and service quality that are applicable to traditional telecommunications services in Viet Nam.
With the Draft IT Services Decree, Offshore service providers must designate a lawful agent in Vietnam on behalf of the cross-border IT service provider to deal with relevant issues before Vietnam's state bodies and provide the MIC with identity. Besides, Investors in the business of renewing and refurbishing hardware would be required to apply for a license from the MIC information of the lawful agent.
Finally, throughout this event, IT enterprises are hoped to understand and foresee the consequence of upcoming IT regulations on business so that they can raise their “voice” towards these challenging IT regulations.
About Amcham Vietnam
Amcham Vietnam in Ho Chi Minh City is an independent association of American and International business. With about 500 companies, and more than 1,000 representatives, our membership of manufacturing and sales transportation and logistics, professional and business services, and travel and tourism firms is unified by a common objective to promote trade and investment between Vietnam and the United States.
About TRG International
TRG International is a market-leading global professional services firm focused on delivering technical excellence. The company has been successful for more than 20 years in providing SunSystems for finance and accounting systems. TRG International adds value in a challenging and dynamic market by delivering the right IT solutions that work quietly and brilliantly in the background, freeing our customers up to focus on their core. We are a genuine consultant and partner who deeply understands the challenges of our customers’ business and is always ready to go the extra mile to deliver exactly the right solution for them. It is not about what we sell, it is all about how we think.
Our solutions include: Financial Management (Infor SunSystems), ERP (Infor LN and Infor Cloudsuite Industrial SyteLine), Dynamic Enterprise Performance Management (Infor CPM), Hospitality (Infor SunSystems for Hotels), Retail Management (Retail Pro 9), Virtualisation (CItrIx) , Professional Service Management and People Performance Management (system@work). To discover more about TRG, please visit http://trginternational.com
