Lotus is a social network centred around content developed and owned by Vietnamese people, said Nguyen The Tan, VCCorp's general director. — Photo nhipsongso.vn

VCCorp has announced that the pilot version of its ‘Lotus’ social network will officially be launched on September 16.

The project has been developed by over 200 technical engineers at the firm, who are working in various fields of mobile applications, artificial intelligence (AI), and Big Data.

The social networking project was established, invested and implemented by VCCorp, with the participation of domestic companies and individuals.

Designed by a group of user-experience experts, Lotus is a social network that goes in a different direction with the content as its focus, thus creating an effective platform to support content creators and individuals to create better content for users.

Nguyen The Tan, VCCorp’s general director said the project has mobilised more than VND700 billion (US$30.1 million) from VCCorp and some other local investors. It is expected that it would mobilise an additional VND500 billion for the social network’s long-term development.

Lotus is a social network centred around content developed and owned by Vietnamese people. It has been developed over the past year.

It will be made public in two forms – online at http://lotus.vn, and in a mobile app.

Developing a made-in Viet Nam social network has been urged by the Ministry of Information and Communications. Another “made in Viet Nam” social network, called Gapo was launched last month. — VNS