Vietnam's Detailed E-Commerce Regulations: Overseas B2B Websites Must Support VND/USD Dual-Currency Settlement

On July 19, 2026, clearer implementation signals emerged regarding the supporting requirements for Vietnam's new Electronic Transactions Law. Based on the information disclosed, for overseas B2B websites selling products to Vietnamese enterprises, entering the supplier lists related to Vietnamese state-owned enterprise procurement will no longer be merely a commercial arrangement; settlement will become an explicit compliance threshold. This change deserves attention from exporters, independent website operators, procurement coordination teams, and cross-border payment and delivery coordination teams, as it directly affects quotation methods, payment routes, procurement access, and transaction traceability.

Clear Signals Released by the Detailed Rules

The confirmed information indicates that Vietnam's Ministry of Industry and Trade published the implementation details for Article 12 of the Electronic Transactions Law on July 19, 2026. The detailed rules require all overseas B2B websites selling products to Vietnamese enterprises to integrate a real-time dual-currency settlement gateway certified by the State Bank of Vietnam (SBV).

According to the summary, the settlement gateway must support synchronized VND and USD quotations, exchange-rate locking, and cross-border payment tracking. Websites that fail to meet these requirements have been confirmed as ineligible for inclusion on the whitelist for Vietnamese state-owned enterprise procurement.

The Change First Affects Transaction Entry Points and Procurement Access

Independent Website Operators Acquiring Customers from Vietnamese Enterprises

From an industry perspective, the overseas sellers most directly affected are those using independent websites to handle inquiries, quotations, and orders from Vietnamese enterprises. The reason is that this change directly links website payment and settlement capabilities to procurement access results. Its impact extends beyond financial collection to on-site quotation display, ordering procedures, and payment-tracking capabilities. Relevant businesses should focus not only on whether cross-border payments are supported, but also on whether a real-time dual-currency settlement gateway certified by SBV has been integrated and whether the website can present synchronized VND and USD quotations, exchange-rate locking, and transaction-tracking capabilities.

Exporters Relying on State-Owned Enterprise Procurement Opportunities

For exporters seeking to enter the procurement systems of Vietnamese state-owned enterprises, this regulatory change may affect their market-entry routes. Once whitelist eligibility is linked to the website settlement interface, online transaction infrastructure itself may become a prerequisite alongside sales capabilities and business negotiation skills. Companies should pay particular attention to whether tenders, access reviews, supplier registration, or procurement document submissions will introduce additional verification requirements concerning relevant interfaces, payment routes, or tracking capabilities.

Business Teams Responsible for Procurement, Reconciliation, and Delivery Coordination

Procurement coordination, order management, financial settlement, and delivery coordination teams will also be affected. Synchronized dual-currency quotations and exchange-rate locking will directly influence quotation sheets, contract communication, order confirmation, and payment reconciliation, while cross-border payment tracking may affect payment-status confirmation, audit trails, and the handling of after-sales disputes. What deserves greater attention now is whether companies have integrated front-end website quotations, payment gateways, order systems, and financial reconciliation processes into one compliance issue instead of handling them separately.

Service Providers Offering Payment, System Integration, and Compliance Support

For supply-chain service companies, technology service providers, and related compliance-support providers, this change means that customer demand may concentrate on settlement gateway integration, transaction-chain tracking, and the preparation of supporting materials for procurement access. Analysis suggests that these services involve more than technical deployment; they also concern whether customers meet the formal requirements accepted by procurement parties. Therefore, subsequent implementation procedures, certification and identification methods, and documentation requirements will become key variables in service delivery.

Which Practical Issues Should Companies Focus on Now?

First Verify Whether the Settlement Gateway Has the Required Certification

From a practical perspective, companies should first confirm whether their existing collection or payment solution falls within the scope of a real-time dual-currency settlement gateway certified by SBV. The available information only confirms the existence of the certification requirement; it does not provide more detailed certification methods, interface lists, or alternative routes. Therefore, this should currently be treated as a compliance matter requiring prompt verification, rather than a technical selection issue that can be determined independently based on existing experience.

Check Whether Quotations and Payment Routes Support Synchronized Dual-Currency Pricing and Exchange-Rate Locking

The confirmed requirements cover not only payment collection, but also synchronized VND and USD quotations and exchange-rate locking. This means companies need to determine whether website displays, quotation generation, order confirmation, and payment initiation can present consistent information. If front-end quotations are disconnected from settlement results, compliance and execution risks may arise during procurement review, reconciliation, or performance communication. Since the summary of the detailed rules does not disclose more specific format requirements, relevant companies should currently prioritize process reviews and system preparation.

Monitor Procurement Materials and Whitelist Access Documents for New Wording

Since websites that fail to meet the requirements may not be included on the whitelist for Vietnamese state-owned enterprise procurement, it is worth continuing to monitor whether procurement applications, supplier registration, tender responses, or qualification review materials will subsequently include wording related to settlement interfaces, payment tracking, or certification evidence. At this stage, this should not be presented as a comprehensive and already implemented uniform documentation requirement. However, for companies that rely on orders from state-owned enterprises, it is already an area of review that requires advance preparation.

Include Payment-Tracking Capabilities in Delivery and After-Sales Audit-Trail Management

The fact that cross-border payment tracking is directly included in the confirmed requirements shows that transaction traceability has a clear position in this regulatory change. During internal preparation, companies can prioritize checking whether payment-status records, order mapping, dispute reconciliation, and after-sales audit trails can be connected. The focus here should be on the areas requiring attention, rather than inferring a specific retention format, because the available information does not provide further implementation details.

This Appears More Like a Tightening of Procurement Compliance and Transaction Infrastructure

This information should not be understood merely as a requirement to upgrade payment functions. It more clearly reflects a direction of regulatory change: for overseas B2B transactions involving Vietnamese enterprises, website settlement capabilities are being brought within the scope of procurement access and transaction compliance reviews. In particular, the consequence that non-compliant websites may not be included on the procurement whitelist of Vietnamese state-owned enterprises gives this requirement a clear implementation orientation.

At the same time, although this change already shows clear threshold characteristics, how companies should demonstrate compliance, how procurement documents should reflect the requirements, and how certification procedures should be implemented remain dynamic matters requiring continued monitoring. In other words, this is no longer merely a policy-direction signal, but there may still be details to confirm before a complete enterprise-level implementation checklist can be established.

For Now, It Is More Appropriate to Treat This as a Combination of a Clear Threshold and Ongoing Monitoring

Overall, the detailed rules release a relatively strong implementation signal: if an overseas B2B website sells to Vietnamese enterprises, its settlement interface capabilities are now directly related to procurement access. For relevant companies, the impact will first be reflected in independent website systems, quotation logic, payment routes, procurement coordination, and compliance-document preparation, rather than remaining at the level of general market assessment.

Rationally speaking, this information is currently better understood as a regulatory change in which the threshold has become clear while implementation details still require continued observation. Companies should neither treat it as an ordinary payment-function adjustment nor expand the interpretation independently without further official guidance. They should continue following developments in certification identification, changes to procurement documents, and market implementation feedback.

Basis of This Article and Directions for Further Verification

This article was generated based on the information title, event date, and event summary provided by the user. The confirmed factual scope is limited to the following: the implementation details for Article 12 of the Electronic Transactions Law published on July 19, 2026; overseas B2B websites selling products to Vietnamese enterprises as the applicable subjects; the requirement to integrate a real-time dual-currency settlement gateway certified by SBV; the gateway's required support for synchronized VND and USD quotations, exchange-rate locking, and cross-border payment tracking; and the exclusion of websites that fail to meet the requirements from the procurement whitelist of Vietnamese state-owned enterprises.

For events of this type, cross-verification is also normally required against official announcements, publications by regulatory authorities, information from the trade authorities, industry association information, standards or implementation documents, and reports from authoritative media. Since no specific official source link was provided, the relevant original documents and subsequent interpretation remain subject to ongoing verification. Matters requiring continued observation include further development of the detailed policy rules, SBV certification procedures, changes in procurement and tender-document wording, industry feedback, and actual enterprise implementation.