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 - Mon, Dec 22, 2021 | 11:30 am GMT+7

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 - Mon, Dec 22, 2021 | 11:30 am GMT+7

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 - Mon, Dec 22, 2021 | 11:30 am GMT+7

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 - Mon, Dec 22, 2021 | 11:30 am GMT+7

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 - Mon, Dec 22, 2021 | 11:30 am GMT+7

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, Dec 22, 2021 | 11:30 am GMT+7

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 - Mon, Dec 22, 2021 | 11:30 am GMT+7

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 - Mon, Dec 22, 2021 | 11:30 am GMT+7

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 - Mon, Dec 22, 2021 | 11:30 am GMT+7

TikTok must censor ‘toxic’ content or face a ban: regulator

TikTok must censor ‘toxic’ content or face a ban: regulator

TikTok will be prohibited in Vietnam if it continues to be uncooperative with the government, while other cross-border social media platforms like YouTube and Facebook must observe Vietnamese laws, regulators said.

Society - Mon, Dec 22, 2021 | 11:30 am GMT+7

Vietnam regulators to inspect TikTok over ‘toxic’ content

Vietnam regulators to inspect TikTok over ‘toxic’ content

Government agencies in Vietnam will make an inspection of social media platform TikTok next month to crack down on harmful content and false information.

Society - Mon, Dec 22, 2021 | 11:30 am GMT+7

Vietnam e-commerce can reach $32 bln, shoppertainment $8 bln in 2025

Vietnam e-commerce can reach $32 bln, shoppertainment $8 bln in 2025

The e-commerce market in Vietnam can reach $32 billion in 2025, while the shoppertainment section can grow to $8 billion, according to reports by Lazada and TikTok Shop, among the most popular e-commerce platforms in Vietnam.

Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7

46 cross-border service providers pay taxes of $78 mln in Jan-Feb

46 cross-border service providers pay taxes of $78 mln in Jan-Feb

Vietnam's General Department of Taxation collected VND1,852 billion ($78.06 million) in taxes from 46 cross-border service providers, including Facebook, Google, Tik Tok and Youtube, in the first two months of the year.

Banking & Finance - Mon, Dec 22, 2021 | 11:30 am GMT+7

Vietnam’s e-commerce market value approaches $57 bln

Vietnam’s e-commerce market value approaches $57 bln

The size of Vietnam’s e-commerce market could grow from $4 billion in 2015 to $57 billion in 2025 as Google forecast, says the Vietnam E-commerce Association (Vecom).

Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7