The Hanoitimes - No longer having the Content Hosting Agreement from YouTube means that Yeah1 will not be able to aggregate third party channels and share passive advertising revenue on YouTube, according to Viet Dragon Securities Company (VDSC)’s latest report. Vietnam’s Yeah1 to offload US-based ScaleLab after two months of acquisition Youtube incident sends Yeah1 shares plummeting for fifth consecutive day The recent incident about YouTube terminating the Content Hosting Service Agreement (CHSA) with Vietnam’s media group Yeah1 will cause the company to lose its revenue share from its YouTube third party/partners’ channels, leaving the company to rely on its remaining businesses. Youtube: Yeah1 Network This segment is mostly based on advertising on YouTube platform, contributing 28% of revenue and 51% of net profit after tax (NPTA) for Yeah1 in 2018, including three revenue sources: Ads revenue received from YouTube by displaying ads on … [Read more...] about What would Yeah1 have left following YouTube’s incident?
Youtube partnership networks for small channels
Bamboo Airways and Petrolimex’s subsidiaries sign MoU Bamboo Airways Company Limited, a member of FLC Group, signed a memorandum of understanding (MoU) for co-operation with the Petrolimex Insurance Company (PJICO) and Petrolimex Aviation Fuel Joint Stock Company. The MoU was signed last week in the central province of Thanh Hoa. Under the terms, Bamboo Airways would give priority to use non-life insurance products of PJICO such as airplane insurance, airline liability insurance, machinery insurance and others as well as aviation fuel of Petrolimex. Meanwhile, the two subsidiaries of Petrolimex would give priorities to use airlines services of Bamboo. Speaking at the signing ceremony, Pham Van Thanh, Petrolimex’s chairman, said Petrolimex has been a member of the Joint Inspection Group (JIG), the world-leading organisation for the development of aviation fuel supply standards. "We committed to provide preferential to Bamboo Airways in its earlier … [Read more...] about BUSINESS NEWS IN BRIEF 23/11
Firms are teaming up to excel in insurance world The firm’s CEO Khamsaya Soukhavong spoke to VIR about the company’s vision to grow sustainably in the Vietnamese market. Could you tell us about the development strategy of Mirae Asset Prévoir? Khamsaya Soukhavong Vietnam’s economy achieved a high growth rate and generally stable macro-economic environment in 2017. The insurance market has itself maintained a high growth rate of around 20 per cent with great potential to develop, as Vietnamese people have increasingly better incomes and a growing awareness of the necessity of insurance. Given these circumstances, Mirae Asset Prévoir (formerly known as Prévoir Vietnam) aims to increase its investment in key resources like professionals, technology, distribution, products, and services, to capture the growth opportunities of the market and anticipate its needs as well as those of the target customers. Shopping behaviours of consumers have been … [Read more...] about Firms are teaming up to excel in insurance world