In a recent report sent to the National Assembly’s Economics Committee, the ministry called Uber taxi “unlabelled taxi” as it was merely a mediator, and not an owner of taxis or employer of drivers.
The Deputy Minister of Industry and Trade, Cao Quoc Hung, said Uber Company is not a passenger transportation company but just a technical solution provider, and as such was obliged to comply with regulations on e-commerce business in Vietnam.
If it were recognised as a transportation firm, its business model would still make it high-tech support, a new area in Vietnam and lacking regulations to control operations.
“The Ministries of Finance, and Transport should cooperate in streamlining a solution to manage Uber’s fee calculation as well as its commission policies for involved transportation firms in order to ensure healthy competition with other transporation firms,” the Ministry of Industry and Trade said.
As Uber applies payments by international bank cards without any signature by the card holders, the ministry is worried about possible risks for customers using Uber services.
The State Bank of Vietnam should issue regulations on such transactions and take measures to control the flow of funds in the Uber’s system in Vietnam, the ministry said.
