Report - Performance Report for 2024

VNG Snapshot FY.2024 presents a summary of financial indicators and information surrounding VNG's operational performance, business strategy, and product segments for the 2024 fiscal year.

In 2024, alongside strengthening strategic priorities such as AI, VNG continues to ensure social responsibility, support national digital transformation efforts, and persistently pursue the goal of developing technology that changes the lives of Vietnamese users.

Business performance

The consistent growth across all core business segments, coupled with an effective cost optimization strategy, resulted in a significant financial transformation in 2024.

AI – The potential to transform into revenue.

In 2024, VNG invested in comprehensive AI development across all three layers: infrastructure, platform, and applications, achieving impressive results with total AI revenue reaching hundreds of billions of VND. VNG aims to become an "AI-first" company within the next five years.

Promoting the digital economy and creating new value.

VNG's core product lines not only met their business targets but also created significant value for Vietnam's digital economy.

Partnering with Vietnam for digital transformation and sustainable development.

In addition to positive business results, VNG continues to affirm its pioneering role in the digital transformation process in Vietnam, through contributions to the state budget, widespread technology infrastructure, and digital initiatives supporting the community.

View the full VNG Snapshot FY.2024 report here .

VNG Snapshot is a quarterly/annual report on VNG's operational and business performance, part of the VNG Outlook Series project . This project is implemented, managed, and published directly on VNG's website. The VNG Outlook Series is released to the public quarterly, semi-annually, and annually, corresponding to the company's financial statement release schedule.

Source: https://www.vng.com.vn/news/vng-reports/vng-snapshot-fy-2024.html