Electronic contract (VNPT eContract) researched and developed by the Vietnam Posts and Telecommunications Group (VNPT) is one of the effective solutions which is expected to create a revolution in the method of contracting in business and trade activities in Vietnam in the coming time.
With the combination of the most advanced technology and solutions researched and mastered by VNPT, VNPT eContract is a platform which provides electronic contract solutions and allows parties to enter into various types of contracts by electronic means. VNPT eContract helps businesses and people significantly reduce transaction costs and time, initiate, negotiate, sign and manage the storage, search of contracts, contact more easily with customers, as well as expand business on the domestic and international markets.
With VNPT eContract, users can completely eliminate the use of paper. The parties to the contract have had a convenient tool to create, negotiate, sign, store, search, and look up contracts by using a convenient IT application. Travel costs for face-to-face meetings and signing contracts are also significantly reduced, helping to limit disease transmission during the period of the Covid-19 epidemic.