The Internet revolution is changing the way people consume sports news in Vietnam. Several sports brands from the United States have gotten into the market, and more local and international media outlets are popping up daily. In this article, we’ll take a closer look at the rise of online sports media in Viet Nam.
Online sports media in Vietnam
Sports brands are a good place to start. The Vietnamese market is ripe for sports brands to take advantage of. While the journey to market will be chaotic, savvy brands can build relationships with super fans and local sports media consumers. In addition to local sports content, 8xbetoffers an array of services to local players, including sports news and live reporting.
Internet revolution in Vietnam
The Internet revolution in sports news in Vietnam has come at a critical time, as the country’s sports industry is undergoing a transition. While Vietnam has a relatively lax approach to foreign competition than its neighbors, it has made significant progress in implementing Western technology. Its regulatory framework is based on the idea of protecting the national interest and strengthening its Communist party ideology.
Vietnam’s digital transformation has impacted many areas of life
It is no different for the sports sector. In the country’s 31st Southeast Asian Games, electronic equipment replaced traditional equipment such as paper targets and manual scoring. The most visible sign of this development is the rise of e-sports, which have grown in popularity in the past few years. The competitions involved nearly 900 people, including national and international referees and technical officials.
International sports brands’ entry into the market
Vietnam’s emerging market presents exciting opportunities for international sports brands. While the journey into the country will undoubtedly be a chaotic one, savvy brands will be able to build relationships with Vietnamese super fans and sports media consumers. International sports brands should be sensitive to local cultural norms and tailor their marketing and communications efforts accordingly.
The country has an established
manufacturing industry for clothing and footwear. It is an ideal location to manufacture different sports equipment and clothing. Vietnam boasts low labor costs, free trade agreements, and years of experience in the industry. The footwear industry contributes a large portion of the country’s domestic export turnover.
Viet Nam’s government’s tolerance of criticism
The government tolerates criticism of local 8xbet issues, but it’s not exactly open to it. Last year, a teen TV star’s sex video with her boyfriend sparked a firestorm among Vietnamese officials. It resulted in the arrest of four students and the end of her career. In another incident, a dispute with China triggered rare street protests in Hanoi and Ho Chi Minh City.
Strengths of the market
The market for online sports news in Vietnam is largely untapped, but there are some examples of successful sports brands that have made a mark. In the Netherlands, for example, SC Heerenveen has increased its Facebook fan following by 200,000 after signing Vietnamese international Doan Van Hau. The team has also successfully leveraged the use of Vietnamese language video content to win local support and fans.
Another example is Vuihoc. This startup is backed by BAce Capital. Another major investor is KVision, which is an investment arm of the Thai KBank. The market for online sports news in Vietnam is a lucrative one. The country’s positive growth rate makes it an attractive market for sports enthusiasts.
