Media giant YeaH1 set for capital base growth, private offering

Media giant YeaH1 set for capital base growth, private offering

YeaH1 Group, a leading media and entertainment company in Vietnam, plans to conduct a private placement to issue 54.8 million shares at VND10,000 ($0.39) apiece this year, as revealed at the firm’s 2024 AGM held on Monday.

Companies - Tue, May 7, 2024 | 9:30 am

Malaysia urges Meta, TikTok to curb harmful content

Malaysia urges Meta, TikTok to curb harmful content

Malaysia on Tuesday required tech giants Meta and TikTok to come up with plans to counter harmful content online.

Southeast Asia - Wed, April 10, 2024 | 8:57 pm

What lies behind the success of record live stream in Vietnam?

What lies behind the success of record live stream in Vietnam?

A recent TikTok live stream in Vietnam which generated up to VND75 billion ($3 million) in sales revenue during a single session has been hailed as a success by simply targeting the right customer, utilizing the right channel, delivering the right message, and timing it effectively.

Companies - Sat, March 16, 2024 | 8:33 am

Top 5 Vietnam e-commerce platforms’ 2023 revenue grows 53% to $9.46 bln

Top 5 Vietnam e-commerce platforms’ 2023 revenue grows 53% to $9.46 bln

Top five e-commerce platforms in Vietnam – Shopee, Lazada, Tiki, Sendo, and Tiktok Shop – recorded total revenues of VND232.1 trillion ($9.46 billion) in 2023, up 53.4% year-on-year.

Companies - Wed, January 17, 2024 | 3:38 pm

Adoption of revised Telecommunications Law tops Vietnam’s 10 ICT events in 2023

Adoption of revised Telecommunications Law tops Vietnam’s 10 ICT events in 2023

The amended Law on Telecommunications, which will have a profound impact on the information and communication technology (ICT) industry, tops the list of Vietnam’s 10 outstanding ICT events in 2023 selected by the ICT Press Club.

A year in review and 2024 forecasts - Wed, December 27, 2023 | 3:31 pm

Leading Vietnam food firm Kido joins hands with Tiktok

Leading Vietnam food firm Kido joins hands with Tiktok

Vietnam's leading food producer Kido on Saturday launched its first E2E (entertainment and e-commerce) channel on the Tiktok Shop platform.

Finance - Mon, November 20, 2023 | 10:57 am

Major e-commerce platforms in Vietnam post 23% growth to $2.6 bln in Q3

Major e-commerce platforms in Vietnam post 23% growth to $2.6 bln in Q3

Five of the leading e-commerce platforms operating in Vietnam, namely Shopee, Tiktok Shop, Lazada, Tiki and Sendo, recorded a combined revenue of VND63.23 trillion ($2.58 billion) in the third quarter of this year, up 22.7% from Q2, according to a new report by local e-commerce analyst Metric.vn.

Companies - Tue, October 24, 2023 | 11:36 am

Vietnam taxman collects big money from tech giants Facebook, Google, TikTok

Vietnam taxman collects big money from tech giants Facebook, Google, TikTok

Vietnam collected a total of VND5.8 trillion ($237 million) from 67 cross-border companies, including transnational tech giants such as Meta, Google, Apple, and Microsoft, via an electronic portal in the first nine months of this year, according to the General Department of Taxation (GDT).

Finance - Wed, October 11, 2023 | 5:09 pm

TikTok needs to correct violations in Vietnam: ministry

TikTok needs to correct violations in Vietnam: ministry

Short-form video hosting service TikTok needs to correct several violations it has committed in providing a transnational commercial platform in Vietnam, according to the Ministry of Information and Communications.

Companies - Sat, October 7, 2023 | 10:53 pm

Tiktok Shop overtakes Lazada, becomes Vietnam’s second biggest e-commerce platform

Tiktok Shop overtakes Lazada, becomes Vietnam’s second biggest e-commerce platform

Tiktok Shop surpassed Lazada to become the second biggest e-commerce platform in Vietnam in the second quarter of 2023, after Shopee, according to local e-commerce analyst Metric.vn.

Companies - Thu, July 20, 2023 | 6:00 pm

Shopee, Lazada dominate e-commerce in Vietnam

Shopee, Lazada dominate e-commerce in Vietnam

Shopee and Lazada have been named the top e-commerce platforms in Vietnam in terms of gross merchandise volume (GMV) and social media presence, according to reports.

Companies - Sat, June 17, 2023 | 4:11 pm

TikTok announces billion dollar investments in Southeast Asia to exploit e-commerce

TikTok announces billion dollar investments in Southeast Asia to exploit e-commerce

TikTok said on Thursday it will invest billions of dollars in Southeast Asia over the next few years as it doubles down on the region amid intensifying global scrutiny over its data security.

Industries - Thu, June 15, 2023 | 4:04 pm

Vietnam's top e-commerce platforms record $1.66 bln revenue in Q1

Vietnam's top e-commerce platforms record $1.66 bln revenue in Q1

Vietnam’s leading e-commerce platforms Shopee, Lazada, Tiktok Shop, Tiki, and Sendo posted a total revenue of VND39 trillion ($1.66 billion) in the first quarter of 2023, up 21.8% year-on-year, according to local e-commerce analyzer Metric.vn.

Companies - Fri, June 9, 2023 | 8:38 am

Vietnam regulators to continue probe into TikTok over harmful content

Vietnam regulators to continue probe into TikTok over harmful content

Vietnam’s Ministry of Information and Communications (MIC) will continue to inspect TikTok’s activities in the country this month following infringements found in May.

Society - Tue, June 6, 2023 | 3:21 pm