Super app MoMo was the most popular online payment option on social networks last year with a total score of nearly 150, four times the runner-up’s score, according to a fintech industry ranking by social listening platform Reputa.
Việt Nam needs to develop a proper legal framework to manage e-commerce on social networks in the context that e-commerce was booming in the country, according to the Việt Nam Chamber of Commerce and Industry (VCCI).
More Vietnamese mobile internet users access social networks daily than any other activity with their device, reported Appota in its report on the Vietnamese mobile market in the first months of 2017.
Social networks now rival search engines as an effective online marketing and advertising channel, gaining a significant market share and raking in huge revenues in Viet Nam and elsewhere.
The Ministry of Information and Communications has issued a new circular
specifying new regulations on the management, provision and use of
information on news aggregation websites and social networks.
The number of Internet users in Viet Nam had reached 36 million and of
them 25 million were Facebook users, according to a survey by Denmark''s
market research agency Epinion.
Cloud computing, big data, mobility and social networks will top the
agenda at a seminar titled Viet Nam Information and Communication
Technologies Outlook to be held in HCM City this week.