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Vietnam's online gaming firm VNG eyes IPO in US
It is now in a race with budget carrier VietJet to become the first Vietnamese company to list abroad.
Two Vietnamese among top 30 Southeast Asia tech startup founders
Le Hong Minh and Tran Ngoc Thai Son have made TechInAsia’s top 30 tech startup founders’ list for Southeast Asia.
Technical fault blamed as many Vietnamese online newspapers vanish for hours
Many Vietnamese online newspapers went offline Sunday as a tech giant reportedly failed to deal with a scheduled power cut.
September 23, 2018 | 05:01 pm PT
Vietnam newspapers report 'considerable impact' from data center’s failure
Some online newspapers in Vietnam said power disconnection at a data center on Sunday caused big losses in their readership.
September 24, 2018 | 09:54 pm PT
Gaming firm VNG’s profits fall 52 pct in 9 months
Vietnamese online gaming giant VNG has reported Jan-Sept 2018 profits of VND152 billion ($6.5 million), a 52 percent year-on-year slump.
November 6, 2018 | 04:30 am PT
HCMC orders Zalo to suspend unapproved social media domains
HCMC has ordered Vietnamese texting and calling app Zalo to suspend two domains for functioning as social media services without approval.
July 18, 2019 | 10:07 pm PT
Chinese giant becomes biggest shareholder in e-commerce platform Tiki
China’s JD.com has overtaken gaming firm VNG Corp to become the largest shareholder of leading Vietnamese e-commerce platform Tiki.
August 5, 2019 | 02:11 am PT
Gaming firm VNG loses entire investment in Tiki
E-commerce platform Tiki’s losses have wiped out a total of VND506 billion ($22 million) gaming firm VNG had invested in it.
September 12, 2019 | 05:12 pm PT
Gaming firm VNG lowers Zalopay stake
Gaming firm VNG has reduced its stake in wholly-owned payment intermediary Zalopay to 60 percent by issuing shares to other investors.
February 5, 2020 | 03:41 am PT
Vietnamese tech firm sues TikTok, alleging copyright infringement
Vietnamese technology firm VNG is suing TikTok, the popular short-form video app, saying it does not have adequate licences for the songs being used in its videos.
August 24, 2020 | 05:36 pm PT
VNG new mission and its focus on people
Newly-appointed VP of HR Abhishek Mathur is expected to make VNG’s target of becoming “The best place in Vietnam for people to work, to learn and to grow” achievable.
October 5, 2020 | 05:00 pm PT
VNG invests $6 mln in digital gifting startup
VNG Corporation, a leading Internet and technology company, has announced it is investing VND138 billion ($6 million) in digital gifting platform Got It.
March 12, 2021 | 12:00 am PT
VNG reports 57 pct fall in profits
Gaming giant VNG Corporation saw its post-tax profit decline by 57 percent to VND261 billion ($11.3 million) last year.
April 15, 2021 | 06:00 pm PT
VNG expects $26.9 mln loss this year
Internet and tech giant VNG Corporation expects to make a loss of VND619 billion ($26.9 million) this year as it splurges on its payment business to take on rivals.
July 6, 2021 | 08:49 pm PT
ZaloPay reports losses of $36.5 mln
Zion JSC, which owns e-payment service ZaloPay, said it racked up losses exceeding VND840 billion ($36.5 million) in the first nine months this year.
November 4, 2021 | 03:00 am PT
VNG seeks $300 mln funding ahead of US listing
Vietnam’s online gaming firm VNG is set to raise $200-300 million from both new and existing backers ahead of its potential U.S. listing.
December 7, 2021 | 03:16 am PT
VNG invests in S. Korean gaming unicorn
Vietnamese tech giant VNG Corporation has joined the series B funding of Haegin, a billion-dollar South Korean startup that owns the popular Play Together and other mobile games.
March 29, 2022 | 07:17 pm PT
VNG to post record losses
Vietnam tech unicorn VNG Corp expects revenues to surge by 33 percent this year, but losses to rise nine-fold to an all-time high.
June 13, 2022 | 07:26 pm PT
VNG losses deepen on ZaloPay
Tech unicorn VNG posted a consolidated loss of VND372 billion ($15.9 million) for Q2 after making a provision of VND595 billion for its investment in Zion, operator of e-payment service ZaloPay.
August 5, 2022 | 12:55 am PT
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