Oct 31, 2012

Vietnam - Vietnamese social networks change themselves to live together with Facebook

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VietNamNet Bridge – ‘Better a live coward than a dead hero’ is the principle followed by Vietnamese social networks now. They understand well that in order to exist, they should get out of the giant Facebook’s way.

Focusing on their advantageous fields, such as entertainment or games (Zing Me) or online education (Go.vn), and launching new apps for mobile phones such as messaging via Internet or app stores are the ways Vietnamese social networks are following in order to exist in a market, where there is the giant Facebook.

When domestic social networks outstrip Facebook

In late September 2009, Zing Me, a Vietnamese social network stated that it has made a big leap to become the most popular social network in Vietnam with 911,000 users, higher than Facebook with 900,000 users.

Since then, though having not made comments about the ranking or made any comparison with Facebook, VNG, which runs Zing Me, has been repeatedly affirming that Zing Me is the No. 1 social network in Vietnam.

However, a report of Com Score released in September 12, 2012, which counted the number of visitors to Facebook and Zing Me since January 2011, showed that Facebook was once the No. 1 in December 2011.

The statistics released by WeAreSocial on Vietnam’s Internet market also pointed out that by October 2012, with 8.5 million members, Facebook had left Zing Me (8.2 million members) behind, becoming the social network with the highest users in Vietnam.

The figures showed the rapid growth of Facebook thanks to the strong development of mobile devices and the young users.

WeAreSocial also pointed out that Vietnam has emerged as the fastest growing market of Facebook, which witnessed the growth rate of 146 percent over the last six months. Especially, the number of Facebook users increased by 500,000 just within the last two weeks, which means that Facebook has one new user after every three seconds.

In May 2010, at the Goonline.vn social network launching ceremony (now Go.vn), General Director of VTC Nguyen Lam Thanh, who then was the Assistant to the General Director, stated that VTC strived to have five million regular members after the first year of operation.

He said that the project would be considered a failure if the users of Goonline.vn cannot exceed that of Facebook in Vietnam after six months of operation.

However, it is really difficult for Facebook to implement the plan.

Focusing on local contents, shifting to services for mobile devices

An Internet expert said that it would be not a surprise if Facebook outstrips Vietnamese social network, because Facebook is a giant. He also said that in order to exist and develop, domestic networks should not confront the giant, but should focus on their local values and become the No. 1 in some niche markets.

Vuong Quang Khai, Deputy General Director of VNG, said the company would gather its strength on developing entertainment services and games – its advantageous fields.

Besides, Khai said VNG is also considering developing new products in the future, especially the ones for mobile devices.

On August 8, 2012, VNG launched Zalo, an app which allows to satisfy the demand for chatting and messaging on mobile phones, the app which has not been satisfied well by Facebook. Especially, VNG is planning to develop Zing Me app store following the model of App Store or Google Play.

Phan Anh Tuan, Deputy General Director of VTC Online, said that Go.vn would continue developing the services in online education – the field in which Go.vn is leading.

Tuan has also affirmed that Go.vn would join forces with VTC Mobile to develop the services on mobile devices.

Buu Dien


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