Cross Border Platforms News Today

An interdisciplinary inspection team will be established to check the operation of TikTok Vietnam Technology Co., Ltd and TikTok Vietnams representative office.

The Ministry of Information and Communications (MIC) plans to ask five large TV manufacturers to remove TV viewing apps on screen interfaces and TV controllers that violate the law.

The procedures on treating artists and Key Opinion Leaders (KOL) who violate the law will be issued in October.

The Ministry of Information and Communications (MIC) has pointed out violations made by cross-border platforms in the Vietnamese market. The breaches were found on TikTok, Facebook and YouTube.

Vietnam collected VND1.8 trillion ($78.26 million) in tax from cross-border platforms, such as Google, Meta, Netflix, and TikTok in 2022, according to the General Department of Taxation.

With cooperation from the Ministry of Health (MOH), the Ministry of Information and Communications (MIC) has requested cross-border platforms to block exaggerated and untrue ads.

Deputy Minister of Information and Communications Nguyen Thanh Lam said that Vietnam would not accept foreign firms that do not observe Vietnamese laws when providing movies through cross-border platforms.

Up to 42 foreign service providers have registered, declared and paid tax with a total amount of VND 1.9 trillion (US$ 82 million) to the portal for tax payment of cross border activities, according to the General Department of Taxation.

Ecommerce platform operators in Vietnam will have to provide tax agencies with information about sellers, instead of having to pay taxes on their behalf.

Cross-border TV OTT platforms will have to have operating licenses and pay tax, and domestic firms will be subjected to looser censorship, thus creating opportunities for domestic firms to compete with foreign ones.