According to VCCI, from the above data, it can be seen that Vietnamese businesses are considered “large” when they reach 10,000 visitors/month, which is only 1/10 of the “large” threshold for cross-border businesses. . The reason for setting the threshold of 10,000 is because only a few domestic businesses reach this threshold, let alone the threshold of 100,000 visits.
The Vietnam Federation of Commerce and Industry believes that domestic enterprises are relatively small in scale and do not greatly affect public interests. Therefore, there is no need to apply strict measures such as licensing.
Mr. Nguyen Minh Duc, representative of the research team of VCCI’s Legal Department. Photo: Trong Dat
According to VCCI’s report, not only in terms of regulations, Vietnamese businesses also suffer discrimination in the actual implementation process. Many businesses reflect that for the same violation, Vietnamese businesses will be recorded and fined immediately, while foreign businesses seem to be more “comfortable”. The management agency only sent requests to foreign businesses to coordinate in removing them, without even imposing any fines.
VCCI said businesses did not complain about being fined. However, what makes businesses worried is the unfairness in sanctions between domestic and foreign enterprises, thereby leading to the business investment environment in this field becoming less favorable for domestic enterprises. .
The legal environment makes it difficult for domestic social networks to compete with foreign countries
According to Mr. Nguyen Minh Duc, representative of the research team of VCCI’s Legal Department, social networks are a type of business where VCCI evaluates that legal regulations cause domestic businesses to be subject to heavier regulations than foreign businesses.
Vietnamese businesses are subject to more onerous licensing procedures than foreign businesses providing cross-border social network services. The obligations that Vietnamese businesses must fulfill are also much greater.
“There are some specific obligations that only domestic social networks must comply with, such as collecting more user information, foreign social networks do not have to collect user ID numbers or citizen identification numbers. application, but domestic social networks must collect this information“, Mr. Duc cited evidence.
Explaining the lack of sanctions and requirements for foreign platforms, according to Mr. Duc, Vietnam does not have effective regulations outside its territory. VCCI experts believe that Vietnamese social networks will not be able to compete with foreign social networks in such a legal environment.
