Regulatory Policies for The Sharing Economy in The Digital Era: International Experience and Lessons for Vietnam
Abstract:
The development of digital platforms has transformed the sharing economy from a mechanism for matching underutilized assets or capacity into a market structure in which platform enterprises can establish rules, process data, set prices, allocate transactions, rank participants, and restrict access. This study addresses three questions: which combinations of regulatory instruments are employed in the selected jurisdictions; what are the advantages, limitations, and institutional conditions of each combination; and which elements Vietnam may adopt after the 2025 Law on E-Commerce entered into force. The study applies a structured institutional comparison to the European Union, the United States, China, Singapore, and Australia. Its sources comprise selected academic studies, official legal and policy documents, and statistical evidence reviewed through 12 July 2026. The findings identify five combinations of regulatory instruments: multilevel regulation based on rights, risks, and data; decentralized experimentation at state and municipal levels; direct administrative regulation of data and algorithms; targeted protection linked to social security; and the establishment of minimum standards through industrial-relations institutions. The study further demonstrates that no model is optimal in every context; transferability depends on data capacity, decentralization, labour relations, and mechanisms for constraining public and private power. Its contribution lies in integrating sharing-economy regulation, platform governance, digital labour, data, algorithms, and competition within a comparative matrix. For Vietnam, the study proposes a three-tier policy architecture comprising general platform obligations, sector-specific regulation, and evaluated adaptive mechanisms, implemented through six groups of measures directly linked to the identified gaps.
KeyWords:
sharing economy, platform economy, state regulation, data governance, algorithmic governance, platform labour, Vietnam
References:
- Basili, M., & Rossi, M. A. (2020). Platform-mediated reputation systems in the sharing economy and incentives to provide service quality: The case of ridesharing services. Electronic Commerce Research and Applications, 39, 100835. https://doi.org/10.1016/j.elerap.2019.100835
- Calo, R., & Rosenblat, A. (2017). The taking economy: Uber, information, and power. Columbia Law Review, 117(6), 1623–1690. https://columbialawreview.org/content/the-taking-economy-uber-information-and-power/
- Cohen, M., & Sundararajan, A. (2015). Self-regulation and innovation in the peer-to-peer sharing economy. University of Chicago Law Review Online, 82, 116–133. https://chicagounbound.uchicago.edu/uclrev_online/vol82/iss1/8/
- Collier, R. B., Dubal, V. B., & Carter, C. L. (2018). Disrupting regulation, regulating disruption: The politics of Uber in the United States. Perspectives on Politics, 16(4), 919–937. https://doi.org/10.1017/S1537592718001093
- Commonwealth of Australia. (2024). Fair Work Legislation Amendment (Closing Loopholes No. 2) Act 2024. https://www.legislation.gov.au/C2024A00002/latest
- Cyberspace Administration of China. (2021). Personal Information Protection Law of the People’s Republic of China. https://www.gov.cn/xinwen/2021-08/20/content_5632486.htm
- Cyberspace Administration of China. (2022). Provisions on the administration of algorithm-generated recommendations for internet information services. https://www.cac.gov.cn/2022-01/04/c_1642894606364259.htm
- Degen, K., & Gleiss, A. (2025). Time to break up? The case for tailor-made digital platform regulation based on platform-governance standard types. Electronic Markets, 35, Article 5. https://doi.org/10.1007/s12525-024-00747-7
- Edelman, B. G., & Geradin, D. (2016). Efficiencies and regulatory shortcuts: How should we regulate companies like Airbnb and Uber? Stanford Technology Law Review, 19, 293–328. https://law.stanford.edu/publications/efficiencies-and-regulatory-shortcuts-how-should-we-regulate-companies-like-airbnb-and-uber/
- European Union. (2022a). Regulation (EU) 2022/2065 on a Single Market for Digital Services. https://eur-lex.europa.eu/eli/reg/2022/2065/oj
- European Union. (2022b). Regulation (EU) 2022/1925 on contestable and fair markets in the digital sector. https://eur-lex.europa.eu/eli/reg/2022/1925/oj
- European Union. (2024a). Regulation (EU) 2024/1028 on data collection and sharing relating to short-term accommodation rental services. https://eur-lex.europa.eu/eli/reg/2024/1028/oj
- European Union. (2024b). Directive (EU) 2024/2831 on improving working conditions in platform work. https://eur-lex.europa.eu/eli/dir/2024/2831/oj
- Eurostat. (2023). Employment statistics - digital platform workers: Results of the 2022 pilot survey. https://ec.europa.eu/eurostat/statistics-explained/index.php?title=Employment_statistics_-_digital_platform_workers
- Fair Work Commission. (2026a). Regulated workers and businesses hub. https://www.fwc.gov.au/about-us/new-laws/regulated-workers-and-businesses-hub
- Fair Work Commission. (2026b). Unfair deactivation for employee-like workers. https://www.fwc.gov.au/job-loss-or-dismissal/unfair-deactivation-or-termination-regulated-workers/unfair-deactivation
- Fair Work Commission. (2026c). Decision and draft minimum standards order published in on-demand delivery case. https://www.fwc.gov.au/about-us/news-and-media/news/decision-and-draft-order-published-demand-case
- Frenken, K., & Schor, J. (2017). Putting the sharing economy into perspective. Environmental Innovation and Societal Transitions, 23, 3–10. https://doi.org/10.1016/j.eist.2017.01.003
- Gorwa, R. (2019). What is platform governance? Information, Communication & Society, 22(6), 854–871. https://doi.org/10.1080/1369118X.2019.1573914
- Government of Vietnam. (2026). Decree No. 248/2026/ND-CP detailing several articles of the Law on E-Commerce. https://vanban.chinhphu.vn/?docid=218747&pageid=27160
- Gurran, N., & Phibbs, P. (2017). When tourists move in: How should urban planners respond to Airbnb? Journal of the American Planning Association, 83(1), 80–92. https://doi.org/10.1080/01944363.2016.1249011
- International Labour Organization. (2021). World employment and social outlook 2021: The role of digital labour platforms in transforming the world of work. https://www.ilo.org/publications/flagship-reports/role-digital-labour-platforms-transforming-world-work
- International Labour Organization. (2026). Decent Work in the Platform Economy Convention, 2026 (No. 193). https://normlex.ilo.org/dyn/nrmlx_en/f?p=1000:12100:::::P12100_INSTRUMENT_ID:4496059
- Möhlmann, M., Zalmanson, L., Henfridsson, O., & Gregory, R. W. (2021). Algorithmic management of work on online labor platforms: When matching meets control. MIS Quarterly, 45(4), 1999–2022. https://doi.org/10.25300/MISQ/2021/15333
- Miller, S. R. (2016). First principles for regulating the sharing economy. Harvard Journal on Legislation, 53, 147–202. https://journals.law.harvard.edu/jol/wp-content/uploads/sites/86/2016/02/HLL107_crop.pdf
- Ministry of Planning and Investment. (2020). Report assessing the impact of selected major sharing-economy models on the economy. Hanoi.
- Mosaad, M., Benoit, S., & Jayawardhena, C. (2023). The dark side of the sharing economy: A systematic literature review of externalities and regulatory strategies. Journal of Business Research, 168, 114186. https://doi.org/10.1016/j.jbusres.2023.114186
- National Assembly of Vietnam. (2023). Law No. 20/2023/QH15 on Electronic Transactions. https://vanban.chinhphu.vn/?docid=208421&pageid=27160
- National Assembly of Vietnam. (2025). Law No. 122/2025/QH15 on E-Commerce. https://vanban.chinhphu.vn/?classid=1&docid=216503&pageid=27160&typegroupid=3
- National Development and Reform Commission of China. (2021). Policy explanation on protecting workers in new forms of employment. https://www.ndrc.gov.cn/fggz/jyysr/jysrsbxf/202107/t20210728_1291917.html
- New York City Mayor’s Office of Special Enforcement. (2026). Short-term rental registration and verification by booking services. https://www.nyc.gov/site/specialenforcement/registration-law/registration.page
- Nieuwland, S., & van Melik, R. (2020). Regulating Airbnb: How cities deal with perceived negative externalities of short-term rentals. Current Issues in Tourism, 23(7), 811–825. https://doi.org/10.1080/13683500.2018.1504899
- Ogunde, F. (2024). Algorithmic management of platform workers: An examination of the Canadian and European approaches to regulation. European Labour Law Journal, 15(4), 803–821. https://doi.org/10.1177/20319525241239632
- Prime Minister of Vietnam. (2019). Decision No. 999/QD-TTg approving the Scheme for Promoting the Sharing-Economy Model. https://vanban.chinhphu.vn/default.aspx?docid=197604&pageid=27160
- Quattrone, G., Proserpio, D., Quercia, D., Capra, L., & Musolesi, M. (2016). Who benefits from the sharing economy of Airbnb? Proceedings of the 25th International Conference on World Wide Web, 1385–1394. https://doi.org/10.1145/2872427.2874815
- Rahman, K. S., & Thelen, K. (2019). The rise of the platform business model and the transformation of twenty-first-century capitalism. Politics & Society, 47(2), 177–204. https://doi.org/10.1177/0032329219838932
- Ranchordás, S. (2015). Does sharing mean caring? Regulating innovation in the sharing economy. Minnesota Journal of Law, Science & Technology, 16(1), 413–475. https://doi.org/10.24926/15529541.3715
- Rani, U., Frosch, M., & Williams, M. (2026). Digital labour platforms: Number of platforms and workers. International Labour Organization. https://www.ilo.org/publications/digital-labour-platforms-number-platforms-and-workers
- Rosin, A., & Parviainen, H. (2025). Improving transparency of algorithmic management in platform work. European Labour Law Journal, 16(4), 472–493. https://doi.org/10.1177/20319525251375023
- Singapore Central Provident Fund Board. (2026). How much CPF contributions to pay platform workers. https://www.cpf.gov.sg/employer/platform-operators/obligations/how-much-cpf-contributions-to-pay-platform-workers
- Singapore Ministry of Manpower. (2024). Commencement of Platform Workers Act from 1 January 2025. https://www.mom.gov.sg/newsroom/press-releases/2024/1217-commencement-of-platform-workers-act-from-1-jan-2025
- Singapore Ministry of Manpower. (2025). Platform Workers Act: What it covers. https://www.mom.gov.sg/employment-practices/platform-workers-act/what-it-covers
- Singapore Ministry of Manpower. (2026). Written answer to parliamentary question on platform workers’ CPF opt-in rate. https://www.mom.gov.sg/newsroom/parliament-questions-and-replies/2026/0112-written-answer-to-pq-on-pw-cpf-opt-in-rate
- State of California. (2020a). Labor Code § 2775. https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?sectionNum=2775.&lawCode=LAB
- State of California. (2020b). Proposition 22: App-based drivers as contractors and labor policies initiative. https://voterguide.sos.ca.gov/propositions/22/
- Supreme Court of California. (2024). Castellanos v. State of California, S279622. https://supreme.courts.ca.gov/case/s279622-castellanos-v-state-california-protect-app-based-drivers-and-services
- Thelen, K. (2018). Regulating Uber: The politics of the platform economy in Europe and the United States. Perspectives on Politics, 16(4), 938–953. https://doi.org/10.1017/S1537592718001081
- Veale, M., Silberman, M. S., & Binns, R. (2023). Fortifying the algorithmic management provisions in the proposed Platform Work Directive. European Labour Law Journal, 14(2), 308–332. https://doi.org/10.1177/20319525231167983
- World Bank. (2023). Working without borders: The promise and peril of online gig work. https://doi.org/10.1596/40066