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Cross-border firms with local offices face stricter supervision, more red tape

Concerns have been raised that foreign cross-border service providers may be reluctant to open local offices in Vietnam due to the recent investigation of TikTok by the Ministry of Information and Communications (MIC), Vietnamnet is reporting. The article notes that the MIC has set out to assuage these concerns with a spokesperson quoted as saying that even though these platforms “will have to bear stricter supervision and satisfy more requirements” they will also have more “favourable conditions” in which to operate. The article does not specify what these “favourable conditions” are. 

TikTok faces fines and sanctions from the recent findings which mostly centre around censorship of content and the speed at which it is carried out.

See also: Results of Vietnam’s TikTok inspection announced

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