VNG’s Impressive Performance: A Glimpse into Their Success
VNG’s financial portrait is painted with vibrant hues, thanks to its gaming division, which boasts a total bookings figure of 3,592 billion VND. Of this, an impressive 656 billion VND stems from international markets. Lineage 2M, a collaboration with NCSOFT, captivated Southeast Asian gamers with 1.3 million downloads in its first month, while Forbidden Realm conquered the Thai App Store, reaching the top 6. PUBG, a fan favorite in Vietnam, witnessed a 45% revenue growth with 7.9 million quarterly users. These successes showcase VNG’s prowess in developing and operating games domestically and regionally.
Zalopay, VNG’s payment application, witnessed a remarkable 63% growth in total payment volume (TPV) during the same period. The strategic product, the Multi-purpose QR Code, witnessed a fivefold increase compared to the first half of 2024. Zalopay now supports scanning all QR standards in Vietnam and has expanded its international reach to multiple Asian countries.
Zalo and GreenNode: Forging Ahead with Cutting-Edge Technology and AI
Zalo, Vietnam’s leading communication platform, maintained its dominance with 78.3 million monthly users and over 2 billion messages exchanged daily. The integration of AI has been a game-changer, attracting 20 million regular users with enhanced communication, entertainment, and productivity features. The number of registered users for value-added services surged by 168% year-over-year, solidifying Zalo’s strategy of building sustainable revenue streams through premium offerings. Furthermore, deep integration with 25 banks, including the four largest in Vietnam, enables seamless transfers between chat windows and banking apps.
GreenNode, VNG’s young and dynamic business division, is making strides in AI. Their GreenMind-Medium-14B-R1 model became the first Vietnamese LLM on the NVIDIA AI NIM platform, optimized for the H100 GPU. This achievement underscores GreenNode’s capability to develop world-class models, paving the way for commercial AI applications in Vietnam.
VNG’s financial results for the first half of 2025 reflect a disciplined approach to operations, cost management, and revenue growth from core products. With a tax contribution of 1,588 billion VND in 2024, VNG ranked 29th among the top 100 private enterprises in Vietnam. For three consecutive years, the Group has maintained a tax contribution of over 1,000 billion VND.
VNG’s commitment to sustainability and employee satisfaction is evident in its accolades. The company ranked among the top 500 largest enterprises in Southeast Asia by Fortune and was recognized as a “Great Place to Work” for three consecutive years, with 89% of employees giving positive feedback—a significant margin above the global average of 59%.
The Breakthrough for Millions: How China’s ‘MIT’ Could Boost a $130 Billion Industry
Being endorsed by a university dubbed the “MIT of China” could be a game-changer for Vietnam’s burgeoning industry, with potential to bring in billions of dollars to the economy.
The Great Banking Shuffle: Navigating the Industry’s Turbulent Times
The wave of layoffs in the banking industry reflects a significant shift in business models and the growing impact of AI.
The Coffee Export Powerhouse: Celebrating 80 Years of National Achievements and $1 Billion in Exports
Vĩnh Hiệp Limited has achieved a remarkable feat by reaching the 1 billion USD export target, heralding a new era for private enterprises. This milestone underscores the company’s commitment to sustainable development and elevates the profile of Vietnamese coffee on the world stage.
“SABECO: Celebrating National Pride at the Vietnam Achievement Expo 2025”
The Vietnam Achievement Exhibition 2025 commenced in Hanoi amidst joyous celebrations commemorating the nation’s 80th Independence Day. The event witnessed a massive turnout with visitors flocking from far and wide to partake in this momentous occasion.
From Global Strategies to Leading the Net-zero 2050 Charge
In a world of constant flux, the environmental and geopolitical challenges we face are increasingly prominent. They necessitate strong multilateral cooperation and collaboration among all stakeholders to ensure timely and effective action.
