VNG Corporation (), also recognized by its former brand name, VinaGame (VNG), is a Vietnamese technology company founded in 2004. It specialises in

digital content Digital content is any content that exists in the form of digital data. Digital content is stored on digital media or analog storage in specific formats. Forms of digital content include information that is digitally broadcast, streamed, or ...

, online entertainment,

social network A social network is a social structure consisting of a set of social actors (such as individuals or organizations), networks of Dyad (sociology), dyadic ties, and other Social relation, social interactions between actors. The social network per ...

ing, and

e-commerce E-commerce (electronic commerce) refers to commercial activities including the electronic buying or selling products and services which are conducted on online platforms or over the Internet. E-commerce draws on technologies such as mobile co ...

. Its focus is on four main businesses, including online games, platforms, digital payments, and

cloud services Cloud computing is "a paradigm for enabling network access to a scalable and elastic pool of shareable physical or virtual resources with self-service provisioning and administration on-demand," according to ISO. Essential characteristics ...

. VNG is responsible for the development of products such as

Zalo Zalo is a Vietnamese instant messaging multi-platform service developed by VNG Corporation. Zalo is also used in other countries outside of Vietnam, including the United States, Japan, South Korea, Australia, Germany, Myanmar and Singapore. As ...

, ZaloPay, Zing MP3, and 123phim. According to the ''ASEAN Post'', the company is "Vietnam's first ever unicorn start-up".

Timeline

VNG was founded on 9 September 2004, under the name VinaGame. * 2006–2007: The company focused on developing software products, such as "Internet Cyber Station Manager" (CSM) and 123mua.com.vn (e-commerce). They also developed web products under the Zing Brand—a comprehensive platform covering information, connection, and entertainment. In August 2008, Alexa ranked ZingMP3 the most popular listening and search tool for online music in Vietnam. * 2008–2009: The company launches under the name VNG Corporation. * 2010–2011: Created an online game called ''Thuận'', which won the Sao Khue award in 2010 in the category of Products/Gaming Solutions and Electronic Entertainment. The ''Un In'' online game was exported to Japan. * 2012–2013: Zalo, a mobile application for

instant messaging Instant messaging (IM) technology is a type of synchronous computer-mediated communication involving the immediate ( real-time) transmission of messages between two or more parties over the Internet or another computer network. Originally involv ...

and calls, reached 10 million users in 1.5 years. * 2014: VNG was evaluated at 1 billion US dollars by ''World Startup Report'' and become the first and only

unicorn The unicorn is a legendary creature that has been described since Classical antiquity, antiquity as a beast with a single large, pointed, spiraling horn (anatomy), horn projecting from its forehead. In European literature and art, the unico ...

startup in Vietnam. * 2015: VNG was honored as "Global Fast-Growing Enterprise in East Asia" by the

World Economic Forum The World Economic Forum (WEF) is an international non-governmental organization, international advocacy non-governmental organization and think tank, based in Cologny, Canton of Geneva, Switzerland. It was founded on 24 January 1971 by German ...

(Manila, Philippines). * 2016: VNG launched Zalopay—a mobile payment application. * 2017: VNG was the first Vietnamese tech company to sign an MOU with the world's second-largest stock exchange,

Nasdaq The Nasdaq Stock Market (; National Association of Securities Dealers Automated Quotations) is an American stock exchange based in New York City. It is the most active stock trading venue in the U.S. by volume, and ranked second on the list ...

, to explore a US listing. * 2018: VNG announced new strategic businesses, such as finance and payment and cloud services. * 2024: At Vietnam GameVerse 2024, a gaming festival, VNG and

Roblox Roblox (, ) is an online game platform and game creation system developed by Roblox Corporation that allows users to program and play games created by themselves or other users. It was created by David Baszucki and Erik Cassel in 200 ...

announced their cooperation, making VNG the official publisher of Roblox in Vietnam.

Data center

VNG has two Tier-3 standard data centers, located in

Ho Chi Minh City Ho Chi Minh City (HCMC) ('','' TP.HCM; ), commonly known as Saigon (; ), is the most populous city in Vietnam with a population of around 14 million in 2025. The city's geography is defined by rivers and canals, of which the largest is Saigo ...

and

Hanoi Hanoi ( ; ; ) is the Capital city, capital and List of cities in Vietnam, second-most populous city of Vietnam. The name "Hanoi" translates to "inside the river" (Hanoi is bordered by the Red River (Asia), Red and Black River (Asia), Black Riv ...

Products and services

Digital content and online entertainment

Zuni online learning

Zuni is an online nonprofit educational project funded and operated by VNG and VNIF, which was officially published in March 2014.

Zing MP3

Zing MP3, a music streaming service, was launched in August 2007. Its smartphone application went on to become one of the few most frequently downloaded apps in Vietnam.

Community connections

Zing Me social network

Zing Me is a social network operated by VNG, introduced in August 2009. It is integrated directly via the Zing system, with a variety of special applications like blogging, photo and music sharing, gaming, video clips, and email. In addition, Zing Me was the first social network in Vietnam that had the properties of a platform. In March 2010, Zing Me launched its first version for mobile phones.

Zalo

is a free message and call application on mobile and desktop, released on 8 August 2012 for iOS, Android, and Windows phones.

Finance

123Pay

In 2010, VNG created the online payment platform 123Pay. It is the successor to and developed on the ZingPay platform, used for VNG's online games since 2005.

ZaloPay

ZaloPay is a digital and personal payment platform.

Software

CSM

Cyber Station Manager (CSM) is a

free software Free software, libre software, libreware sometimes known as freedom-respecting software is computer software distributed open-source license, under terms that allow users to run the software for any purpose as well as to study, change, distribut ...

from VNG for managing internet agencies. The first version of CSM was published on 2 February 2006.

Cloud services

* Full-stack cloud services for organizations and businesses, with smart tech solutions linked through internet connection and cloud technology.

Legal issues

On 23 and 24 February 2009, inspectors discovered software copyright infringement worth VND 5 billion (around US$295,000) during a sudden raid on Vinagame headquarters in Ho Chi Minh City. In August 2020, VNG sued TikTok for $9.5 million, alleging copyright infringement.

Recognition

In April 2014, VNG received the "Third-class Labor Medal", signed by the president of Vietnam and awarded by the prime minister to Lê Hồng Minh, VNG's chairman and CEO.

References

External links

* {{DEFAULTSORT:VNG Technology companies established in 2004 Online companies of Vietnam Vietnamese brands Companies based in Ho Chi Minh City Vietnamese companies established in 2004 Video game companies of Vietnam