Near 470 Vietnamese social networks granted licences

by VTV430 July 2019 Last updated at 09:43 AM

VTV.vn - According to the Ministry of Information and Communications, by June this year, 469 Vietnamese social networks were licensed.

Compared to 2017, 2018 saw an increase of 100 social networks. On average one new social network is registered every week. The main licensed areas are entertainment, education, cars, and motorbikes. Many experts said that the quantity of social networks created in Vietnam is high but the quality is still limited due to the lack of investment in technology infrastructure. This means many Vietnamese social networks crash easily when a large number of visitors log in at the same time.

Top VND Exchange Rates

Auto-refesh 15m

USD

EUR

AUD
1 VND
Inverse:
0.00004
22,510.0
0.00004
25,226.0
0.00006
15,674.0

Mid-market rates: 2024-11-08 06:48 UTC