Categories: TechnologyWorld

Vietnam to conduct ‘comprehensive inspection’ of TikTok over harmful content

 Vietnam’s government said it will probe TikTok’s operations in the country from May, in a bid to ensure the video platform complies with regulations on content management, tax payments and commercial policies.

The popular Chinese-owned application, that carries bite-sized videos, has recently allowed “toxic, offensive, false and superstitious” content on its platform, ministry representative Le Quang Tu Do said in a statement this week.

“TikTok, Facebook and YouTube are all cross-border social media with international standards. But when operating in Vietnam, the platform needs to abide by local regulations on both content and tax obligations,” Do said.

The company said in February it was told by the Authority of Broadcasting and Electronic Information that a government delegation would visit its Vietnam offices in the second quarter.

“This is an interdisciplinary inspection activity planned by the government and in line with Vietnam law for companies operating in Vietnam, not only TikTok,” TikTok Vietnam said in an email.

The platform removed 1.7 million videos on the Vietnamese government’s request in the fourth quarter of last year, as they were deemed to be in violation of government policies, according to company data.

In a statement to Reuters, TikTok Vietnam also said it had upgraded its guidelines expected to take effect from April 24 to be more transparent about its rules and how it would enforce them.

The app has nearly 50 million users in Vietnam aged 18 and above, the government said in a separate statement, citing data from a research company DataReportal.

Source : Reuters

GLOBAL BUSINESS AND FINANCE MAGAZINE

Recent Posts

71% of surveyed emerging-market firms use AI. How deeply are they adopting it?

Last year, we surveyed firms in emerging markets backed by private equity (PE) and venture…

23 hours ago

Rising debt, shrinking buffers: The fiscal challenge facing commodity exporters

For commodity-exporting emerging market and developing economies (EMDEs), recent years have delivered something more unsettling…

23 hours ago

Financing the AI boom: Winners and losers in corporate bond markets

The expansion of artificial intelligence has triggered a surge of investment and rising equity values…

23 hours ago

Connecting payment systems, linking economies

Several countries are working to interlink their domestic fast payment systems in order to reduce…

24 hours ago

At risk or responsive: Rethinking unemployment policy

Public services increasingly use predictive algorithms to direct scarce support towards those most at risk.…

24 hours ago

Why downturns can make innovation greener

Green innovation is central for the transition to a low-carbon economy, but there are concerns…

24 hours ago