Online music video portal Vevo has launched its app for iPhone and iPod touch this morning (App Store link). The application is completely free and lets users find and watch music video, create playlists and more.

The app will access to Vevo’s entire catalogue, which currently stands at 20,000 videos from more than 7,000 artists. Additionally, the Vevo iPhone app will include social media sharing options, so you can tell your friends about which video you are liking via Twitter, Facebook or email. The app also ties into iPhone’s GPS feature, by letting users see what videos are being watched around their current location.

Currently the application is only available in the US, but Im sure we will be seeing it here soon in the UK.