On 24 November 2023, the National Assembly approved and passed the new Law on Telecommunications No. 24/2023/QH15 (“2023 LOT“).
The 2023 LOT replaces the existing Law on Telecommunications that was enacted in 2009. The 2023 LOT will take effect from 1 July 2024, except for certain regulations concerning the following which take effect from 1 January 2025: (i) the provision of basic telecommunications services on the internet, data centre services and cloud computing services; and (ii) payment of fees for use of network numbers.
The proposed key changes introduced by the 2023 LOT relate to the following:
- Data centres and cloud computing services;
- Basic telecommunications service on the internet;
- New telecoms licensing regimes; and
- Wholesale activities in telecoms and competition management.
For more information, click here to read the full Legal Update.
