About 486,000 internet addresses had been registered with Vietnam’s top-level domain (TLD) “.vn” as of September 30, which tops all other ASEAN domains and is among Asia-Pacific’s top ten in terms of usage.

About 486.000 internet addresses have been registered with Vietnam’s top-level domain (TLD) “.vn” as of September 30, tops all other ASEAN domains and is among Asia-Pacific’s top ten in terms of usage number.

VietNamNet Bridge - The massive arrivals of new domain name extensions have brought great opportunities to both domestic enterprises and domain name registrars. 

VietNamNet Bridge - The Ministry of Finance (MOF) has lowered the fee for registering and using the national domain name ‘.vn’ in order to become more competitive with international domain name ‘.com’.

VietNamNet Bridge - The government has turned the green light on the establishment of a ‘.vn’ domain name market in Vietnam, but it has not set up a legal framework for the market to develop.

Viet Nam ranked first among the ASEAN countries for the number of country code top-level domains registered, with 318,812 domain names added by June 30.

 VietNamNet Bridge – Viet Nam's domain name ."vn" had the largest number of registrations among ASEAN countries' domain names as of September 2014,

 VietNamNet Bridge – More than 500,000 domain names had been registered as of June, according to the Vietnam Internet Network Information Center (VNNIC), but only 280,000 had been activated.

 VietNamNet Bridge – Only 20 percent of Vietnamese businesses have domain names, which opens up opportunities for businesses dealing in domain name trading.

 VietNamNet Bridge – The domain name market is taking shape in Vietnam. However, there are more sellers than buyers.

 VietNamNet Bridge – Vietnam has abrogated the regulation on prohibiting the domain name trade and transfer. However, domain name trade activities still cannot be carried out because of the lack of a legal framework.

 VietNamNet Bridge – Domain name traders have leaped for joy when the Ministry of Information and Communication made public the draft circular on the “.vn” domain name transfer.

 VietNamNet Bridge – Information and Communications inspectors punished four websites using the gov.vn domain name for granting visas illegally.

Instead of spending several hundreds of thousands of dong to register and maintain domain names every year, enterprises have to spend hundreds of millions of dong to buy back domain names from others.

Domain names are the national resources which need to be protected and not to be wasted. However, with the existing law loopholes, the national resources have been traded by individuals to seek profit.

Nguyen Trong Khoa, who is well known as the “domain name baron,” may be sued by Eurowindow as a blackmailer.