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?
Uncovering fake likes in online social networks
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
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
Illustrative image (Photo: The New Paper) Hanoi (VNA) - Singapore's new law to combat the spread of fake news and online fraud came into force on October 2. The Protection from Online Falsehoods and Manipulation Act, passed in May by the Singapore parliament, stipulates that individuals can be fined up to 100,000 SGD (72,100 USD) or jailed up to 10 years, or both, while companies can be slapped with fines of up to 1 million SGD. The law requires online platforms — including social networking, search engine and news aggregation services — to issue corrections or remove content that the government deems false. The government can also order internet or intermediary service providers to block access to offending websites or be fined up to 20,000 USD each day, or up to a maximum of 500,000 USD. Google, Facebook and Twitter will be given temporary exemptions to issue the required corrections in line with Singapore’s law. The Singaporean government said the law … [Read more...] about Singapore’s anti-fake news law takes effect
In recent weeks, the so-called ‘Momo challenge’ has triggered hysteria among Vietnamese netizens. Youtube Kids which require a parent’s information to open is recommended for children viewers. Images of a disturbing bug-eyed lady face on a chicken body have sowed seeds of panic to worrying parents as the hoax has been claime by some on social networks to entice children to commit suicide. Fuelled by media reports and fears about children’s online activities, the hysteria has bubbled into the mainstream and become a hot topic on parents’ forums. Last Thursday, YouTube said that there was no evidence of videos promoting Momo challenges on its platform. The UK’s The Guardian newspaper on the same day quoted the Samaritans and the UK-based National Society for the Prevention of Cruelty to Children stating that although there was no evidence the challenge could impose any harm to children, vulnerable people were put at risk by posts … [Read more...] about Momo challenge triggers online hysteria