Vietnam ranks fifth among top 10 countries in terms of TikTok users
Social media users in Vietnam account for 73.3 per cent of its population.
Mobile Money still not popular
According to the Ministry of Information and Communications, 1.76 million mobile phone subscribers now use Mobile Money services, an increase of four-fold compared to January, for average monthly growth of 20 per cent. Compared to the 125 million mobile phone subscriptions in Vietnam, however, the percentage of people using Mobile Money services is still quite small.