At Thuongmai University, new Internet-based testing and assessment methods were applied during the last two years with the aim of satisfying the changes of online English language teaching and learning situation. This paper is attempted to present an overview of those testing and assessment methods under the perspectives of teachers and students. Questionnaires and interviews were employed as the main data collection tools while ten teachers of English and two hundred non-English major students were selected as the participants of the study. The research results revealed that the online testing and assessment methods exerted positive effects in terms of safety, convenience, flexibility and practicality, but they showed limitations in terms of variety, authenticity, reliability and technological aspects.