VNG

VNG Corporation is a major Vietnamese technology company founded in 2004. Originally started as VinaGame, it was rebranded as VNG Corporation in 2008. VNG specializes in digital content, online entertainment, social networking, and e-commerce services. Its main products and services include the Zalo messaging app, online games, music streaming service Zing MP3, video platform 123phim, digital payments via ZaloPay, and cloud services. In 2014, VNG was valued at over $1 billion, becoming Vietnam's first tech unicorn startup. VNG was co-founded by Le Hong Minh, who stepped down as chairman in 2023 but remains involved with the company he helped build from its gaming origins.
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As Chinese tech arrives in pieces, what should SEA firms own?
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As Chinese tech arrives in pieces, what should SEA firms own?

Robots and AI models arrive as interchangeable parts, so firms in Southeast Asia must decide what they need to own and what to simply plug in.
Jun Yan · · 5 min read
VNG Q2 operating profit up 86%
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VNG Q2 operating profit up 86%

Zalo, VNG’s messaging platform, also reached 81.3 million monthly active users in Q2 2026.
Aiko Gao Ishida · · 1 min read
VNG’s financial health in 5 charts
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VNG’s financial health in 5 charts

Tech in Asia tracks the financial numbers of Vietnam’s largest internet company.
Duc Tran · · 1 min read
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Google, VNG launch AI lab in Vietnam

Google Labs and AI Future Funds will give selected teams at the hub early access to some Google technologies.
Grace Priscilla Teo · · 2 min read

SEA hustle meets US muscle

We track the growing number of SEA founders heading to the US and the latest financial numbers of Vietnam’s largest unicorn.
Duc Tran · · 4 min read
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Telio’s founder respawns, now gunning for gamers

Sy Phong Bui’s next bet? A premium PC and console game made in Vietnam. This time, the country’s leading gaming firm is backing his bold move.
Glenn Kaonang · · 5 min read
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VNG sets sights on AI and overseas growth, rules out layoffs

At its annual general meeting, VNG set a revenue target of about US$423 million for 2025.
Naomi Li Gan · · 4 min read
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VNG’s Q3 revenue up $287m

Zalo, part of VNG’s core business has 77.6 million monthly active users, reflecting a 3% growth this quarter.
Grace Priscilla Teo · · 1 min read

VNG names new acting CEO amid ongoing investigation (update)

Though the reason for the probe is unclear, VNG said its business operations remain normal.
Miguel Cordon · · 2 min read
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Telio’s cost-cutting gambit for new funding

The Vietnamese B2B ecommerce firm slashed monthly losses by 80% via diversifying products and trimming its sales force.
Thu Huong Le · · 6 min read