VNG is in the top 10 Asian companies to watch in 2023 according to Nikkei Asia

24/02/2023 204

Nikkei Asia announced the 10 most promising firms in Asia in January 2023, with VNG being the only Vietnamese technology company on the list.

According to Nikkei Asia, after a turbulent year, Asian companies have risen strongly with a vision not only to dominate the domestic market but also to conquer oversea ones. Notably, VNG is the tech rising star in Vietnam.

Founded in 2004 and started with games, VNG has developed a diverse product ecosystem to serve millions of Vietnamese users: communication platform Zalo, e-wallet ZaloPay, cloud service VNG Cloud, etc. At the end of 2022, VNG opened a new Data Center with the largest rack scale in Vietnam and invested in theglobal multi-cloud management platform CloudVerse.

VNG is ready to join the international business playground, positioning itself as a global technology company with determination and perseverance

According to Bloomberg, Vietnam in general, and Ho Chi Minh City, in particular, will be the new mecca for tech startups. The number of startups in Vietnam has nearly doubled from 2020 to mid-2022, with $2.6 billion equivalent to 233 private deals made in 2021 alone. Vietnamese officials want to turn Ho Chi Minh City into an investment magnet, aiming to develop a digital economy that accounts for 40% of the country’s GDP.

As the first generation of startups in Vietnam, VNG desires to support the country’s startup community to expand globally. The company always strives to invest in potential units, as well as share its experiences accumulated after nearly two decades of development, such as the e-commerce platform Tiki, the gift supplier Got It, the transportation ecosystem EcoTruck, the B2B e-commerce platform Telio, the cross-border e-commerce company OpenCommerce Group.