DatVietVAC

DatVietVAC is a Vietnamese media, entertainment, communications, and technology group founded in 1994 by Dinh Ba Thanh. The group developed during the early expansion of Vietnam's private media sector and is described as the country's first privately owned media and communications agency. Its activities span media ownership, communications services, and content provision, giving it a position across several parts of the Vietnamese television and entertainment value chain. A defining part of DatVietVAC's history is its involvement in private television. The group operated what is described as Vietnam's first private television channel, helping expand the country's television landscape beyond state-controlled broadcasting. Its media interests have included television channels and related content activities, while its communications businesses have provided services to brands and organizations. DatVietVAC also pursued international and cross-sector partnerships. In 2008, WPP acquired a 30 percent stake in the group, linking DatVietVAC with one of the world's largest communications networks. In 2012, DatVietVAC entered a joint venture with Lotte Corporation to broadcast a shopping channel on Vietnamese cable television. These moves reflected an effort to combine local media knowledge with international communications, retail, and broadcasting capabilities. The group was recognized by the World Economic Forum in 2013 as one of its top 25 global growth companies. This recognition highlighted DatVietVAC's growth profile and its role in Vietnam's changing media economy, although the available reference material does not provide detailed financial or operating figures. DatVietVAC expanded further into digital distribution with VieON, an over-the-top streaming service rolled out in 2020 in collaboration with BCG Digital Ventures. VieON was presented as a Vietnamese platform bringing local and international programming together in one service. Its described offering included roughly 100 television channels, more than 100,000 hours of films and other video content, live streaming, personalized content features, and exclusive programming. The catalog was described as including Vietnamese, Hollywood, South Korean, and Chinese content. The group therefore combines traditional broadcasting, communications, entertainment content, and digital technology rather than operating only as a film studio. Its business model is built around controlling or supplying content, distributing it through television and streaming, and supporting communications and commercial media services. DatVietVAC is headquartered in both Ho Chi Minh City and Hanoi and is primarily focused on the Vietnamese market. The available reference material does not establish a separate international operating footprint, current ownership structure, public listing, or current executive roster beyond its founder.

DatVietVAC was established in 1994 by Dinh Ba Thanh as a Vietnamese media and communications agency. Its creation came during the development of Vietnam's private media sector, and the group is described as the country's first privately owned media and communications agency. It subsequently became associated with the operation of Vietnam's first private television channel, a milestone that gave it an important role in broadening the country's television environment. The group's activities developed across three broad areas: media ownership, communications services, and content provision. This structure allowed DatVietVAC to participate in television distribution, advertising and communications work, and the creation or supply of entertainment programming. Rather than focusing on a single content category, the group built an integrated presence across several stages of the media business. In 2008, WPP acquired a 30 percent stake in DatVietVAC. The transaction connected the Vietnamese group with a major international communications network and represented a significant external investment in its development. In 2012, DatVietVAC formed a joint venture with Lotte Corporation to broadcast a shopping channel on Vietnamese cable television. The partnership extended the group's activities into commercially oriented television programming and retail media. DatVietVAC received international business recognition in 2013, when the World Economic Forum selected it as one of its top 25 global growth companies. The available reference material identifies this as a recognition of the group's growth but does not provide the criteria, financial data, or operational metrics behind the selection. The next major stage in the group's history was its move into internet-based video distribution. In 2020, DatVietVAC launched VieON in collaboration with BCG Digital Ventures. The OTT service was designed to aggregate Vietnamese and international programming on one platform. Its described catalog included approximately 100 television channels and more than 100,000 hours of films and other video content. The service also included live streaming, personalization features, and exclusive programming, with content from Vietnam as well as Hollywood, South Korea, and China. VieON represented a shift from DatVietVAC's earlier emphasis on television and communications toward a broader digital entertainment model. It gave the group a direct streaming outlet alongside its traditional media and content activities. The reference material characterizes VieON as a Vietnamese solution for accessing local and global content through one service. DatVietVAC's headquarters are identified as being in Ho Chi Minh City and Hanoi. Its principal market is Vietnam. The available sources do not establish a current public listing, detailed ownership structure, complete executive history, or later corporate developments. On the information available, DatVietVAC remains an active Vietnamese media, entertainment, communications, and technology group whose history is defined by private television, strategic partnerships, content operations, and the transition to OTT streaming.

1. 2020VieON rolled out

   The group launched the VieON OTT streaming platform with BCG Digital Ventures.

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2. 2013World Economic Forum growth-company recognition

   DatVietVAC was selected as one of the World Economic Forum's top 25 global growth companies.

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3. 2012Lotte shopping-channel joint venture

   DatVietVAC and Lotte established a venture to broadcast a shopping channel on Vietnamese cable television.

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4. 2008WPP takes a minority stake

   WPP acquired a 30 percent stake in DatVietVAC.

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5. 1994DatVietVAC founded

   Dinh Ba Thanh established DatVietVAC as a Vietnamese media and communications agency.

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6. 1994First private television operation

   The group became associated with operating Vietnam's first private television channel.

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A Vietnamese integrated media and entertainment group combining television ownership, communications services, content provision, and digital streaming. DatVietVAC's positioning is rooted in local market leadership and the development of private and digital media in Vietnam.

• VieONOTT streaming platform2020

  VieON is DatVietVAC's internet-based video service, launched in 2020 in collaboration with BCG Digital Ventures. The platform was described as bringing approximately 100 Vietnamese and international television channels together with more than 100,000 hours of films and other video content. Its feature set includes live streaming, personalized content discovery, and exclusive programming. The stated catalog covers Vietnamese content and international material from Hollywood, South Korea, and China.

• Private television operationsTelevision broadcasting1994

  DatVietVAC's television activities include the operation and ownership of media channels and are associated with the first private television channel in Vietnam. These activities form part of the group's wider media-ownership division, alongside communications services and content provision. The available reference material does not identify every channel or provide a complete current channel portfolio.

• Television and entertainment contentContent production and distribution

  Content provision is one of DatVietVAC's principal business divisions. The group supplies or distributes television and entertainment programming through traditional broadcast and digital channels. Its VieON service indicates a focus on combining Vietnamese programming with international films and shows, although the available sources do not provide a complete list of production labels or individual programs.

• Communications servicesAdvertising and communications1994

  DatVietVAC operates communications services as one of its three stated business divisions. These services sit alongside media ownership and content provision, positioning the group as an integrated communications and entertainment company rather than solely a broadcaster. Specific agencies, clients, and service lines are not identified in the available reference material.

• Lotte shopping channel ventureShopping-channel broadcasting2012

  In 2012, DatVietVAC launched a joint venture with Lotte Corporation to broadcast a shopping channel on Vietnamese cable television. The venture extended the group's television expertise into commerce-oriented programming and connected broadcasting with retail activity.

• 2020Launch of VieONProduct launch

  DatVietVAC was expanding from conventional television and communications into direct digital distribution.

  What changed. The group rolled out VieON in collaboration with BCG Digital Ventures as an OTT platform combining local and international programming, live streaming, personalization, and exclusive content.

  Aftermath. VieON became the group's identified digital streaming offering. The available sources do not provide later subscriber, revenue, or market-share figures.

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• 2020VieON launched as a Vietnamese OTT streaming platform

  DatVietVAC rolled out VieON in collaboration with BCG Digital Ventures, offering television channels, films, live streaming, personalized features, and exclusive content.

  Product launch
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• 2013DatVietVAC recognized as a World Economic Forum growth company

  The World Economic Forum selected DatVietVAC as one of its top 25 global growth companies.

  Other
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• 2012DatVietVAC and Lotte launched a Vietnamese cable shopping-channel joint venture

  DatVietVAC partnered with Lotte Corporation to broadcast a shopping channel on cable television in Vietnam.

  Product launchM&A
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• 2008WPP acquired a 30 percent stake in DatVietVAC

  WPP acquired a minority stake in DatVietVAC, creating a strategic connection between the Vietnamese media group and the global communications network.

  M&A
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1. DatVietVAC Group Holdings
2. DatVietVAC official website