Made-in-Vietnam social network Lotus to be launched this week

VCCorp has announced that the pilot version of its VND700 billion ($30.1 million) Lotus social network will officially be launched on September 16.

Made-in-Vietnam social network Lotus to be launched this week

Nguyen The Tan, VCCorp’s general director

The news was announced at the press conference on September 9. It is hoped that Lotus could have 60 million users.

Nguyen The Tan, VCCorp’s general director said the project would attract users with diverse and quality content which would make Lotus different from other networks. Over 500 content creators in various fields such as education, lifestyle, and economics have been invited to work on Lotus.

Tan said they would create a more favourable working environment for the creators and users. They also approached celebrities in different fields to make the content more diverse and attract more users. There are nearly 100 commitments made for Lotus' content.

"On Lotus, everyone will be the creator. We'll provide tools so that the users can easily make fresher, livelier and more beautiful entries," Tan said.

The revenues will come from advertisements managed by VCCorp’s Admicro system. It is promised that there will be incomes within a month after Lotus starts working stably. Tan said there would be other revenue-generating ways.

 

Instead of getting friends on Lotus, the users will follow a source of information or a topic. VCCorp is calling for an additional VND500bn for the social network’s long-term development. In the first phase, VCCorp hopes to attract four million users, and 20 million users in the second phase and 60 million users in the last phase.

Another made-in-Vietnam social network, Gapo, was launched last month.

Nguoilaodong/Dtinews

Vietnam’s new social network to focus on content

Vietnam’s new social network to focus on content

Lotus is believed to be a direct rival to Facebook in Vietnam, but it is still too early to say if it can defeat the giant.

Vietnamese social networks thrive amid Facebook dominance

Vietnamese social networks thrive amid Facebook dominance

Since the beginning of 2019, there have been three social networks established in Vietnam.

 
 

Other News

.
Climate change: Study pours cold water on oil company net zero claims
Climate change: Study pours cold water on oil company net zero claims
SCI-TECH & ENVIRONMENTicon  12/05/2020 

Doubt is cast on claims fossil fuel companies are curbing their CO2 in line with net zero targets.

First Vietnamese professor awarded Europe Math Prize
First Vietnamese professor awarded Europe Math Prize
SCI-TECH & ENVIRONMENTicon  11/05/2020 

Professor Phan Thanh Nam has become the first Vietnamese professor winning prize of the European Mathematical Society (EMS).

Latest versions of Made-in-Vietnam Bphone launched
Latest versions of Made-in-Vietnam Bphone launched
SCI-TECH & ENVIRONMENTicon  11/05/2020 

Bkav Technology Group officially launched their latest series of Bphones in Hanoi on May 10, including the Bphone B40, B60, B86, and B86s models, the latest high-end smartphones which have been locally produced by the company.

Technology giant Apple will produce millions of AirPods in Vietnam
Technology giant Apple will produce millions of AirPods in Vietnam
SCI-TECH & ENVIRONMENTicon  11/05/2020 

US-based technology giant Apple will allegedly produce millions of wireless earphones called AirPods in Vietnam from this quarter – a clear move to diversify its manufacturing operations.

Young Vietnamese man's game-app startup ranked in top 15 in the US
Young Vietnamese man's game-app startup ranked in top 15 in the US
SCI-TECH & ENVIRONMENTicon  12/05/2020 

A graduate of the Vietnam Trade University and University of Amsterdam in Holland, Nguyen Tuan Cuong (Cuong Nguyen) is the co-founder of Amanotes, which is listed in the top 15 of Android application developers in the US.

Tuyen Quang tightens protection of wildlife
Tuyen Quang tightens protection of wildlife
VIDEOicon  11/05/2020 

The northern mountainous province of Tuyen Quang boasts more than 233,000 hectares of forests and a host of wildlife, 18 of which are in the Vietnam Red Book of endangered species and 15 in the World Red Book.

Start-ups benefit environment and poor women
Start-ups benefit environment and poor women
SCI-TECH & ENVIRONMENTicon  11/05/2020 

For Nguyen Thi Xuan Hang, a plastic straw was the one that broke the camel's back.

ICT firms report revenue reduction of up to 90 percent
ICT firms report revenue reduction of up to 90 percent
SCI-TECH & ENVIRONMENTicon  10/05/2020 

Revenue of information, communication and technology (ICT) firms was estimated to have fallen by 30-90 percent in the first quarter of the year due to the COVID-19 pandemic.

No appropriate solutions implemented to improve pollution: MONRE
No appropriate solutions implemented to improve pollution: MONRE
SCI-TECH & ENVIRONMENTicon  10/05/2020 

An increase in the number of industrial zones has been polluting Vietnam’s environment, and there are no appropriate solutions in place, the Ministry of Natural Resources and Environment (MONRE) warned in its draft 2019 report.

Nearly 1,100 scrap containers to be sent back
Nearly 1,100 scrap containers to be sent back
SCI-TECH & ENVIRONMENTicon  10/05/2020 

Nearly 1,100 containers of waste at Cat Lai Port, HCM City, which failed to meet Vietnam’s import requirements will be re-exported in the second quarter of this year.

Final supermoon of 2020 above Hanoi sky
Final supermoon of 2020 above Hanoi sky
SCI-TECH & ENVIRONMENTicon  09/05/2020 

A supermoon happens when the full moon coincides with the moon's closest approach to Earth in its orbit. Supermoons make the moon appear a little brighter and closer than normal, although the difference is hard to spot with the naked eye.

Biodiversity needs proper protection measures
Biodiversity needs proper protection measures
SCI-TECH & ENVIRONMENTicon  09/05/2020 

Vietnam’s biodiversity is facing many challenges, especially in the context of global climate change.

Vietnamese Covid-19 vaccine test on mice shows positive signs
Vietnamese Covid-19 vaccine test on mice shows positive signs
SCI-TECH & ENVIRONMENTicon  08/05/2020 

Vietnam has seen some initial positive results for the test of a locally-made Covid-19 vaccine on mice.

No appropriate solutions implemented to improve pollution
No appropriate solutions implemented to improve pollution
SCI-TECH & ENVIRONMENTicon  09/05/2020 

An increase in the number of industrial zones has been polluting Vietnam’s environment, and there are no appropriate solutions in place, 

Binh Thuan declares Level 2 drought emergency
Binh Thuan declares Level 2 drought emergency
SCI-TECH & ENVIRONMENTicon  08/05/2020 

The south-central coastal province of Binh Thuan declared a Level 2 emergency on May 7 regarding drought and water shortages.

Combination of factors causes extreme weather: experts
Combination of factors causes extreme weather: experts
SCI-TECH & ENVIRONMENTicon  11/05/2020 

A combination of bad factors, plus cold air mass and convergence of winds at a height of 5,000 meters, have caused extreme weather phenomena, including large hail and the 50-year historic cold spell on April 22-23.

ITU Digital World postponed until September 2021
ITU Digital World postponed until September 2021
SCI-TECH & ENVIRONMENTicon  07/05/2020 

The International Telecommunication Union (ITU) Digital World will be organised in Hanoi in September 2021, instead of September 2020, due to impacts of the COVID-19 pandemic.

Revenues of Vietnam’s software and IT services hit US$9 billion
Revenues of Vietnam’s software and IT services hit US$9 billion
SCI-TECH & ENVIRONMENTicon  08/05/2020 

The country is ranked among the five most attractive economies in terms of software export services.

Science-led solutions needed for Lower Mekong region: Experts
Science-led solutions needed for Lower Mekong region: Experts
SCI-TECH & ENVIRONMENTicon  08/05/2020 

Voices, opinions, and experiences from the local community and experts should be taken seriously for any policy making process.

Coronavirus mutations: Scientists puzzle over impact
Coronavirus mutations: Scientists puzzle over impact
SCI-TECH & ENVIRONMENTicon  07/05/2020 

A study has identified a mutation that its authors say could make the coronavirus more infectious.

 
 
 
Leave your comment on an article

OR QUICK LOGIN