The use of e-portfolios which provides a more effective method for recording and managing competency achievement has become increasingly popular. For Malaysian Skills Certification (MSC), students are required to create paper-based portfolios to demonstrate their knowledge and competence level. Nevertheless, existing literature indicated that paper-based portfolios were problematic i.e. they tend to be static, had limited portability, active management and evaluation and were difficult in updating information. E-portfolios have the potential to address these problems. This paper investigates the pontential of e-portfolios for competency assessments and virtual learning in accordance with the standards stipulated in MSC. A modified delphi study was conducted with a panel of 11 experts who are competent and experienced in the use of portfolios and ICT in TVET.