The Vietnam Digital Communications Association (VDCA) has raised concerns over a proposed 10% VAT on exported digital services, highlighting potential setbacks for the industry.

Though the strong development of digital technology and cyberspace has brought many job opportunities, especially for young people, Vietnam has not had appropriate overall goals and strategies to support the digital content industry.

The Ministry of Information and Communications (MIC) will conduct a comprehensive inspection over TikTok's activities in Vietnam from May 5, given its continuous and regular violations, the ministry announced on May 5.

Digital content creation has become a potential new land for content producers and brands and digital advertising businesses.

The Digital Content Creation Alliance (DCCA) at the Vietnam Digital Communications Association (VDCA) has recommended a zero value added tax, or VAT, on digital service revenues generated from foreign markets.

VietNamNet Bridge - The digital content industry could exceed the textile & garments and oil sectors in economic value in the future, experts say.

The domestic digital content market, estimated to be worth billions of dollars, may be out of the reach of domestic enterprises if they cannot receive the appropriate support from the state.

Weak in creativeness, lacking the qualified labor force, while having no considerable support from the State, digital content firms have been living, but in poor conditions.