Nguyen The Tan, Director General of VCCorp – the network’s developer, said at a press conference on September 9 that the project has mobilised more than 700 billion VND (30.2 million USD) from VCCorp and some domestic investors.

The interface of Vietnamese social network Lotus.

In the initial stage of Lotus, the firm will raise another 500 billion VND to promote the network on its long-term development path, Tan added.

The project has been developed by over 200 Vietnamese engineers working in various fields like artificial intelligence, big data, data mining and image processing to design and operate a social network of Vietnamese people.

He further said Lotus is created not to defeat others but focus on the contents for which existing social networks haven’t met demand.

It will be made public in two forms, on the website at www.lotus.vn and mobile app.

Made-in-Vietnam social network launched

 New social network Gapo developed by Vietnamese made its debut in Hanoi on July 23.

Provincial leader urges to timely detect enterprises in debt of labors’ salary and social insurance to protect their rights

(BGO) – On July 2, Vice Chairman of the Bac Giang provincial People’s Committee (PPC) Le Anh Duong chaired a meeting to discuss the solution to protect the labors’ rights in the enterprises which encounter difficulties in production or hire the factory and owe the salary, social insurance and other benefits.

Vietnamese startup launches social network site for travellers

Vietnamese online travel agent and startup Hahalolo launched the first social travel site in Vietnam in Ho Chi Minh City on June 10. 

Nearly 40 billion VND for social welfare programme

(BGO) – Nearly 40 billion VND (1.7 million USD) has been donated by the enterprises, organizations, agencies and kind-hearted people in the northern province of Bac Giang to realize the 2019 social welfare programme. 

Foreign workers entitled to compulsory social insurance

The Vietnam Social Security has directed its branches in cities and provinces nationwide to collect compulsory social insurance premiums of foreign employees in the country.

Source: VNA