Lotus is working with over 500 content creators in 20 different fields such as education, economy, photography, story writing, blog and vlog writing, lifestyle, entertainment, music, and marketing. It also makes good use of more than 30 sources of formal news.
In addition, the content management system of social network ‘Lotus’ helps content creators design and edit their products to reflect their unique styles and characteristics. The developer has built toolbars to help users to easily create more beautiful and vivid new content.
Speaking at the ceremony, Minister Nguyen Manh Hung said that Lotus is a meeting of technology workers, who aspire to establish a new social network, with a new approach and new technology; and Vietnamese investors with the aspiration of a mighty Vietnam, along with the Government's ‘Make in Vietnam’ programme. It is necessary to have more tripartite combinations to solve many problems of the country, especially the big and fundamental problems, to help Vietnam develop.
After the launching ceremony, the beta version of Vietnamese social network Lotus will run for three to six months.
After this time, ‘Lotus’ will adjust minor mistakes and formally accept new users. It will also receive feedback from the public to add more necessary features or content.With the theme “Content is King”, the VND700 billion ($30.1 million) network, run by VCCorp, will attract users with diverse and quality content.
VCCorp is calling for an additional VND500billion ($21.5 million) 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.
Earlier this year, Information and Communication Minister Nguyen Manh Hung called for the creation of a home-grown social media network and search engine to replace Facebook and Google.
Latest data shows there are more than 50 million Facebook users in Viet Nam.
On September 15, the first made-in-Viet Nam social network, Gapo, launched with two million users.
