VNG - the first Vietnamese tech unicorn - was included in the 10 Asian companies to watch in 2023 list announced by Japan’s Nikkei Asia web. (Photo: VNG)
Tokyo (VNA) – VNG - the first Vietnamesetech unicorn - was included in the 10 Asian companies to watch in 2023 listannounced by Japan’s Nikke꧙i Asia web.
According to the web, the VNG has emerged as one of thecountry's most watched companies, with a possible initial public offering in2023. The tech company has registered to trade some of its shares on alocal exchange for unlisted firms, a move that is often used for companies totest the stock market before their official IPO. It is also reportedly eyeinga US listing. Founded in 2004 by Le Hong Minh,an Australian-educated investment banker, the VNG started out as an onlinegame publisher and developer called Vinagame. The company's cash cow businesshas expanded to other Asian markets, where it competes with rivals likeSingapore-based Sea. With users in more than 130 countries, the VNG aims to reach320 million customers globally in this year. The Vietnamese tech company has expanded to otherareas, most notably with Zalo, its messenger app launched in 2012. The serviceovertook Meta's Facebook Messenger in Vietnam in 2020 and now has over 74million active users in its home market, where the app is used to chat, shop,send money, and pay household bills. After defending its home market from other tech giantsand expanding regionally, the VNG is trying to accelerate its international expansion-- which a US market debut will facilitate. Nikei Asia also highlighted that after navigating aturbulent year of conflicts, inflation and a lingering pandemic, Asiancompanies have emerged with their sights set on shaking up markets at home andabroad in 2023. Other names in the list included Chinese electricvehicle maker BYD, Indonesia’s Indika Energy, Commercial Aircraft Corporationof China, Japanese power chipmaker Rohm./.
Top Vietnamese internet company, VNG Corporation, is eyeing new fintech solution partners at Enterprise Singapore (ESG)’s inaugural Southeast Asian Open Innovation Challenge at the Singapore Week of Innovation and Technology 2020 (SWITCH 2020) from December 7 to 11.
HDBank, Sacombank, ABBANK, and VNG have won the ‘Best Companies to Work for in Asia 2021’ award from HR Asia, an authoritative regional publisher in the human resources industry.
VNG Corporation, a Vietnamese technology company, announced it has invested in a Korean gaming start-up Haegin, officially jumping into the Metaverse, a virtual-reality space in which users can interact with a computer-generated environment and other users, and boosts the firm’s “go global” strategy.
With its own capabilities and the close, experienced partnership of the International Atomic Energy Agency (IAEA), Vietnam is well-positioned to pursue its first nuclear power plant that meets the highest international safety standards. Ambassador Vu Le Thai Hoang, Permanent Representative of Vietnam to the United Nations and International Organisations in Vienna, Austria, talked to the Vietnam News Agency about the country’s deepening cooperation with the International Atomic Energy Agency (IAEA) in applying nuclear technology for peaceful purposes.
Vietnamese businesses, particularly small and medium-sized enterprises (SMEs), must embrace digital and AI transformations to remain competitive and achieve sustainable growth, experts said.
Under the European Union (EU)’s global initiative on Chemical, Biological, Radiological, and Nuclear (CBRN) Risk Mitigation Centres of Excellence (CoE), Vietnam has implemented numerous projects aimed at strengthening national capacity in detecting, preventing, and preparing for CBRN-related threats.
The course aims to promote knowledge exchange between scientific and educational schools from different countries, while deepening participants’ expertise in modern technology and technical education. It comprises two main specialisations of electronics-automation and nuclear technology.
ANTARA and VNA can design global-scale cooperation programmes or joint media campaigns, demonstrating the comprehensive strategic partnership between Vietnam and Indonesia, as well as the cooperation between the two national news agencies.
As Vietnam’s digital transformation accelerates, both the frequency and severity of cyberattacks are growing. The National Cybersecurity Association (NCA) reported that in 2024 alone, there were some 659,000 separate cybersecurity incidents, impacting around 46.15% of government agencies and businesses.
A key highlight will be the technology cluster pavilion, showcasing top enterprises selected for their innovation, market potential, and practical applications. These firms will display flagship products and solutions, supported by government policies to strengthen the tech sector.
Since 2022, more than 500 Vietnamese startups have engaged in Google’s Startup Academy, Google for Startups Accelerator, and Google Startup Masterclass. Nearly 100 of these firms received support to develop and improve their products, benefiting more than 300,000 customers and creating over 300 new jobs through successful fundraising and team expansion amidst Vietnam’s competitive economy.
Over the past three decades, Binh Duong has cemented its status as one of Vietnam’s most dynamic industrial hubs, building a robust foundation in manufacturing, exports, and investment. The province now has 30 operational industrial parks spanning over 13,000 hectares, with an occupancy rate exceeding 90%.
The diplomat emphasised that Vietnam places the highest priority on the development of science, technology, and innovation, viewing them as critical drivers for the country’s advancement in the new development era.
The PM revealed Vietnam’s plan to develop nuclear power in the near future, and called on the Swedish side to assist Vietnam in developing and refining legal and policy frameworks for the use of nuclear energy for peaceful purposes; training and developing human resources; ensuring nuclear safety; and conducting training and drills to improve incident management capabilities.
More than an art showcase, the second “Technology with heart” contest seeks to inspire innovation and spotlight the humanistic values that technology can bring into daily life, expected to contribute to a sustainable digital future.
The average speed of the national mobile broadband network remained stable, with download speeds reaching 76.86 Mbps and upload speeds reaching 26.98 Mbps.
Under the MoU, AMD will support several key initiatives spearheaded by HCM City’s authorities, including piloting policies, co-hosting innovation events, and evaluating the investment environment within the Saigon Hi-Tech Park.
The centre is a joint initiative between Australia’s Department of Foreign Affairs and Trade and Vietnam’s Ministry of Science and Technology, with PTIT and the University of Technology Sydney (UTS) serving as co-leads, and global telecommunications giant Nokia as founding industry partner.
The new centre, staffed by a team of scientists, researchers, and AI specialists working in Hanoi and Ho Chi Minh City, forms part of Qualcomm’s global AI research group.
As a flagship initiative of the community project “Digital Literacy for All”, the programme forms part of a national scheme to equip 20 million young people with digital business skills.
The organisers hope the competition will help shape a generation of exceptional engineers who will make significant contributions to Vietnam’s scientific and technological progress in this era of transformation.
VNG - the first Vietnamese tech unicorn - was included in the 10 Asian companies to watch in 2023 list announced by Japan’s Nikkei Asia web. (Photo: VNG) 
