Nguyen The Tan, CEO of VCCorp In the last three years, three Vietnam’s social networks started with funding commitments from investors. In June 2019, Hahalolo, a social network believed to be the first developed by Vietnamese, integrates social network, online tourism services and e-commerce. Like other big social networks, Hahalolo has functions allowing users to make friends, and chat online without limitations in space and time. Hahalolo users can interact through the features of posting, commenting, sharing and expressing emotions. Hahalolo also integrates online travel and e-commerce service models, which helps it be a bridge which links travel enthusiasts, and link with travel service providers, retailers with customers. In July, another social network, Gapo, made its debut. At a press conference to introduce Gapo, Gap Technology, the developer, received commitment from G-Capital to invest VND500 billion. The amount of money would be used in the first phase of … [Read more...] about How will Vietnam’s social networks compete?
In a bid to create a healthy networking atmosphere in the country, the Ministry of Information and Communications (MIC) has completed a code of conduct on social networks for internet service providers and users, said Minister Nguyen Manh Hung. The latest report issued by social media marketing firm We are Social showed that roughly 55 million Vietnamese people (57 percent) use social media. (Photo: VNA) He said at a meeting on November 6 that the ministry has plans to prevent the spread of negative content on the internet and social media. The MIC would also create favourable conditions for the development of the country’s digital content ecosystem, fulfilling the target that users of social media platforms developed by Vietnamese companies account for 50 per cent of the total social media users by 2020, he said. The minister requested agencies and enterprises under his leadership to include expenses for information technology in their State budget estimations … [Read more...] about Social network ethics code complete: Minister
Almost a third of more than 4,100 enterprises surveyed in Vietnam do business on social networks, a slight decrease from the previous year. Vietnam E-commerce Association (VECOM) conducted the survey on Vietnamese e-commerce activities from September to November last year. Almost a third of more than 4,100 enterprises surveyed in Việt Nam do business on social networks, a slight decrease from the previous year. Thirty two percent said yes, they were using social networks, which is down 2 percent compared to 2016. Business on social networks is a trend among small- and medium-sized enterprises, business households and individuals in recent years, said the report. In addition to social networks, e-commerce platform is also a useful tool for small and medium enterprises, but the trend of using e-commerce trading floors has not changed dramatically over the past few years. Eleven percent of businesses surveyed said they traded on e-commerce sites last year, … [Read more...] about Third of local firms do business on social networks
The race among Vietnamese social networks is starting to become exciting but much needs to be done for them to develop. It was at 8am on September 21 at the National Convention Center in Hanoi and hundreds of people were queuing up to check-in for the launch ceremony of Astra, a Vietnamese tourism social network. Astra also signed investment cooperation deals with 22 venture investors at the ceremony, with capital of over $10,000 for each deal. Most notable was the $1 million investment from Mr. Pham Thanh Hung, Chairman of CenGroup. Astra expects to capture 5 per cent of the global online travel market in the next five years. Choosing a niche market like travel, Astra is the first social network to use the paying rewards model for users when they post content on its platform. Mr. Nguyen Tiep, CEO of Astra, said paying rewards to users through reputable reviews of destinations and travel services is a way to attract users to join the social network and encourage them to share their … [Read more...] about Local social networks hoping to gain popularity
Illustrative image (Source: VNA) Hanoi (VNA) – A conference was held in Hanoi on September 18 to discuss the enhancement of the role and initiatives of social organisations in caring for public health. Dr. Pham Van Tan, Vice President and Secretary General of the Vietnam Union of Science-Technology Associations (VUSTA), said public health care has received special attention from the Party and State. However, there are still many problems in the sector, including inadequate attention to the mobilisation of social resources and well as the promotion of social organisations and the private sector in the field, Tan said. He hoped the conference will help connect social organisations and State agencies in caring for public health, while seeking solutions and policy recommendations to enhance the engagement and contributions of social organisations in the work. Meanwhile, Do Thi Van, Director of the Non-governmental Organisations-Information Centre (NGO-IC)cited a VUSTA … [Read more...] about Measures sought to increase social organisations’ role in public health