The Ministry of Finance makes a careful study of tax laws to collect taxes from electronic contract-based vehicles to avoid evasion and ensure a level playing field for ride-hailing and traditional taxi firms.
Minister of Transport Nguyen Van The said Viet Nam should learn from the European Union (EU) to manage the operation of companies such as Uber and Grab to ensure fair competition with traditional taxi firms.
The Ha Noi Department of Transport (DoT) is now asking for opinions on a regulation draft over the business and conditions for transportation business by auto within the city limit, set to be approved by the end of 2017.
The General Department of Taxation recently sent a document requesting the HCM City Department of Taxation to collect data to inspect tax payment of Uber B.V Netherlands Co., Ltd and GrabTaxi Co., Ltd.
The mounting clash between traditional taxi firms and ride-hailing platforms Uber and Grab has raised questions in management to ensure a fair competition in the passenger transportation market.
Taxi firms are calling for fair competition with tech-based rivals Uber and Grab, which have seen a rapid development in the past two years in Viet Nam.