VNG Corporation

VNG Corporation

UUPCOM:VNZ
530,100.00
VND
-26,400.00
(-4.74%)
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Capital Structure

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Working Capital

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Growth Rates

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Quarterly Revenue

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Quarterly Earnings Per Share

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Quarterly Dividends Per Share

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Company Description

Sector
Distribution services
Industry
Electronics distributors
Address
Hanoi Vietnam
IPO Date
Jan 5, 2023
Business
VNG Corporation (UPCoM: VNZ) is a diversified technology and digital entertainment company that develops, publishes, and operates internet platforms, digital content, mobile financial solutions, and cloud infrastructure. Founded in 2004 and headquartered in Ho Chi Minh City, Vietnam, the company provides products and services across four primary business segments: Games, Communications and Media, Fintech, and Cloud and Artificial Intelligence Services. The company's primary products and services comprise: mobile, PC, and web game development, publishing, and live operations through VNGGames, delivering licensed global titles, casual games, and proprietary intellectual property to consumer audiences; digital communication, messaging, and social networking via Zalo, featuring instant messaging, voice over IP calling, social feeds, and enterprise-to-consumer communication channels; digital audio streaming and content distribution through Zing MP3; digital financial solutions and payment processing via ZaloPay, operated by subsidiary Zion Joint Stock Company, offering mobile wallet transactions, QR code payment aggregation, peer-to-peer transfers, utility bill processing, and embedded merchant financial tools; AI-powered automotive and voice assistant applications through Kiki; and enterprise digital solutions, including secure cloud computing, data center colocation, cybersecurity, and managed infrastructure. In recent strategic developments, VNG Corporation has executed an enterprise-wide AI-first transformation. The company consolidated its cloud computing division and specialized AI infrastructure unit into a unified brand under GreenNode; achieved certified NVIDIA Cloud Partner status to deploy large-scale AI cloud clusters utilizing NVIDIA H100 GPUs across Southeast Asia, including new regional data center infrastructure in Thailand; established the Saigon AI Hub and launched the Applied AI Lab in collaboration with Google and Vietnam National University Ho Chi Minh City to advance practical AI model deployments; legally restructured corporate operations under VNG Group Joint Stock Company; integrated generative artificial intelligence features across the Zalo ecosystem; and expanded international enterprise services across Southeast Asia, the Middle East, and the Americas.