Netflix confirmed its willingness to pay taxes in Vietnam

A Netflix spokesperson confirmed that he was ready to pay taxes in Vietnam and was negotiating with the local authorities on this issue.

In a statement, Netflix said it was in favor of implementing a mechanism that would help foreign service providers like Netflix pay taxes in Vietnam, but there is no such mechanism yet.

Earlier, speaking to the National Assembly, Vietnamese Minister of Information and Communications Nguyen Manh Hung said foreign platforms, including Netflix, are estimated to earn $ 44 million in annual revenue from subscriber numbers. in Viet Nam.

However, some cross-border platforms do not pay taxes or have to comply with Vietnamese laws and this is creating unfair competition.

Regarding the content on Netflix’s services, Information and Communications Minister Nguyen Manh Hung said that Netflix has many contents that violate Vietnamese laws on newspapers, movies, and children.

Specifically, Netflix misrepresents history as the Vietnam War series; distorting Vietnam’s territorial sovereignty like the film Madam Secretary; Content of violence, drug use, pornography …

“Netflix subscribers in the first quarter of 2020 in Vietnam increased by 60% compared to the same period last year. Netflix has many contents that violate Vietnamese laws such as the law on press, cinema, and children, specifically. wrongly reflect history, such as a series about the Vietnam War, distorting Vietnam’s territorial sovereignty like Madam Secretary, with violent content, drug use, pornography … “- Ministry Chief Nguyen Manh Hung stated.

Regarding solutions, the Minister of Information and Communications emphasized that it is necessary to soon amend Decree No. 06/2016 on the management of the provision of radio and television services on the Internet to manage cross-border platforms. Currently, the Ministry of Information and Communications has finished drafting and is submitting to the Government for consideration.