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The rise of technology media entertainment businesses at APEA 2022

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“We are always striving to bring revolutionary changes in enjoyment and social values to our audience, and the Original & Blockbuster content that DatVietVAC Group Holdings has been creating will not only attract audiences across the country but also the overseas Vietnamese community,” Bao Thai, deputy director of Vie Channel, a member of DatVietVAC, shared during the APEA 2022 awards ceremony.

On October 7, three representative members of DatVietVAC excellently conquered the important categories of the 2022 Asia Pacific Enterprise Awards (APEA 2022).

Accordingly, Dong Tay Promotion and Vie Channel jointly won the Corporate Excellence category in the Media – Entertainment Industry.

Furthermore, VieON Entertainment App claimed the Inspirational Brand category.

It comes as no surprise that DatVietVAC’s members have obtained many impressive achievements at this prestigious APEA 2022 because behind the companies are always the serious investment and powerful support of DatVietVAC Group Holdings.

Vie Channel won the Corporate Excellence category at the 2022 Asia Pacific Enterprise Awards.

Vie Channel won the Corporate Excellence category at the 2022 Asia Pacific Enterprise Awards.

Dong Tay Promotion – Conquering new limits

In 2022, Dong Tay Promotion, Vietnam’s largest TV content producer, promotes its inherent strengths, constantly creating and transforming, while maintaining its unique identity.

It is known that this is the third consecutive year that Dong Tay Promotion has clinched this prestigious award.

Dong Tay Promotion has been continuously airing many attractive TV programs.

The most prominent programs are 2 Days 1 Night Vietnam, Thank God You Are Here, and First and Last, with unique formats, fascinating content, and positive feedback by a large audience. These programs have attracted more than 300 million views on the YouTube platform.

Concurrently, Dong Tay Promotion’s high-quality content provides thousands of broadcast hours on prominent Vietnamese TV channels including VTV3 and HTV7.

Aside from impressing on the small screen, Dong Tay Promotion also has particular success on the digital platform with more than 8.3 million followers on YouTube.

The All-Star Concert of The Masked Singer Vietnam will be held in November 2022.

The All-Star Concert of The Masked Singer Vietnam will be held in November 2022.

Vie Channel – Pioneering, Innovative, and Leading the trends

Belonging to the core Media and Entertainment business of DatVietVAC, Vie Channel is a prominent name in the entertainment media field thanks to the content creativity and agility in creating trends, thereby continuously dominating YouTube Trending Vietnam with many impressive products including The Masked Singer Vietnam, Rap Viet, Who is Single?, The Brain Vietnam, Cay Tao No Hoa, Gao Nep Gao Te, and more.

Currently, Vie Channel is investing in, managing, and operating three of the most popular entertainment TV channels in Vietnam, namely Vie Channel – HTV2, Vie GIAITRI – VTVCab 1, and Vie DRAMAS – VTVCab 19, broadcast on ten TV network platforms and six digital platforms.

It has led the audience market share in the country since 2012.

Most recently, Vie Channel officially became the first TV channel in Vietnam to obtain the YouTube Diamond button with more than 10 million followers. 

Although receiving the Corporate Excellence award in Media & Entertainment for the first time, this is a combined recognition of Vie Channel’s successes in recent years, on the journey of ‘Pioneering – Innovative – Leading the Trend – Changing the Way of Thinking about Media and Entertainment in Vietnam.’

VieON App claimed the Inspirational Brand category at the 2022 Asia Pacific Enterprise Awards.

VieON App claimed the Inspirational Brand category at the 2022 Asia Pacific Enterprise Awards.

VieON – ‘Sowing seeds’ and constantly spreading sustainable values to the community

Launched in 2020, VieON app quickly developed explosively with more than 30 million users when owning a store of high-end and copyrighted content in Vietnam.

VieON gradually contributes to changing the mindset and building the habit of watching online TV with applications on smart devices (phones, tablets, laptops) of the audience.

In parallel with business activities, VieON focuses on maintaining practical sustainability activities that surpass popular brands and won the prize in the Inspirational Brand category this year.

VieON’s success comes from careful investment in technology as well as ‘distilling’ a diverse content store from many countries.

In addition to focusing on investing in high-quality content, reflecting honestly and multi-dimensionally societal matters, VieON also invests resources in exploiting and producing original content (VieON Originals).

One case in point is Giac Mo Cua Me – a family psychological drama that currently attracts the love and acceptance of the audience on the VieON application by building content extremely close to Vietnamese culture.

“In the coming time, VieON will continue to focus on conveying the messages of the beautiful life and the high spiritual and cultural values of the Vietnamese people, constantly striving to bring more useful values to serve the community and society,” a VieON representative emphasized.

Source: https://tuoitrenews.vn/news/business/20221012/the-rise-of-technology-media-entertainment-businesses-at-apea-2022/69528.html

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Retailers improve quality to gain competitive advantage

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The presence of foreign-invested enterprises in Vietnam’s retail sector has increased competition among businesses, jointly regulating supply and demand in the domestic market.

According to trade experts, not only Thailand but also many other foreign retail businesses and domestic ones have expanded their business in the Vietnamese market.

As a result, the competitiveness of Vietnam’s retail market and local businesses has improved.

Over the years, Vietnam has issued a fairly comprehensive system of policies on attracting and managing foreign investment capital as well as developing orientations for the domestic retail market.

To create favourable conditions for retail businesses, experts said that besides attracting foreign investment, it is also important to build Vietnamese retail channels by Vietnamese people.

Vietnamese retail businesses should both compete and cooperate with foreign entities to learn experience and advanced retail technology. It is necessary to promote the link between domestic production and distribution system, and create a strong association to Vietnamese enterprises./.

Source: https://en.vietnamplus.vn/retailers-improve-quality-to-gain-competitive-advantage/253767.vnp

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Owners of condotels, officetels get title deeds

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Buyers of condotels, officetels and resort villas can have ownership certificates from May 20 under a new decree guiding the implementation of the Land Law.

On April 3, 2023, the Government issued Decree No.10 on amending and supplementing several decrees guiding the implementation of the Land Law from May 20.

The ownership term of the condotel depends on the purpose of land use following current regulations but not exceeding 50 years of the ownership term for land allocated or leased by the State for commercial or service use.

Buyers may only own land and apartments during the remaining land use period, not for long-term use as residential land.

According to experts, the Government’s decree will remove legal bottlenecks for investors and buyers of condotels, officetels and resort villas.

Experts said that if legal problems in the condotel, officetels and resort villa market are resolved, it can restore nearly 239 frozen projects nationwide, with a total value of about 30 billion USD./.

Source: https://en.vietnamplus.vn/owners-of-condotels-officetels-get-title-deeds/253607.vnp

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Vietnam invests over 316 million USD abroad in five months

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Vietnam invested nearly 316.4 million USD abroad in the first five months of this year, equivalent to 93.5% of the figure recorded in the same period last year, according to the Foreign Investment Agency under the Ministry of Planning and Investment.

Vietnam invests over 316 million USD abroad in five months hinh anh 1Illustrative image (Source: VNA)

Hanoi – Vietnam invested nearly 316.4 million USD abroad in the first five months of this year, equivalent to 93.5% of the figure recorded in the same period last year, according to the Foreign Investment Agency under the Ministry of Planning and Investment.


Of the total, 142.7 million USD was poured into 47 new projects, or 48.6% of the figure in the same period in 2022 while 173.7 million was added to 16 underway ones, a year-on-year increase of 3.9 times.

Vietnamese investors abroad invested in 13 sectors, especially retail and wholesale, information and communications, finance, banking, agro-forestry-fisheries.

In the January-May period, Vietnamese investments landed in 20 countries and territories, led by Canada with one new and one expanded project worth over 150.2 million USD. It was followed by Singapore, Laos, and Cuba.

The agency said that as of May 20, Vietnam had operated 1,648 valid projects abroad with combined investment of nearly 22.1 billion USD, including 141 by State-owned enterprises worth 11.67 billion USD, accounting for 52.8% of the country’s total.

Vietnamese investment abroad is mostly in mining (31.5%) and agro-forestry-fisheries (15.6%).

Leading destinations for Vietnamese investors are Laos (24.4%), Cambodia (13.3%), and Venezuela (8.3%)./.

Source: https://en.vietnamplus.vn/vietnam-invests-over-316-million-usd-abroad-in-five-months/253762.vnp

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