VNG's third quarter revenue reached nearly 2,900 billion VND

With its spearhead position in VNG 's "Go Global" strategy, the Game segment continues to be the revenue pillar with total bookings reaching VND 2,328 billion, of which 17% comes from the international market. Notably, VNGGames' long-term strategic game titles recorded a revenue growth of up to 39% compared to the same period in 2024.

During the quarter, VNGGames launched 7 new titles and participated in Gamescom Asia × Thailand Game Show 2025, the largest international game event in Southeast Asia, affirming its position as the Top 1 in the Vietnamese market and the Top 2 in Southeast Asia. Roblox products also grew for the 4th consecutive quarter in terms of users and revenue since being operated by VNGGames in the Vietnamese market.

In the last quarter of the year and throughout 2026, VNG will continue to invest heavily in AI and increase the proportion of revenue from international markets.

Zalo continues to maintain its position as the No. 1 messaging platform in Vietnam with 79.2 million monthly users and 2.1 billion messages sent per day. In addition, the Zalo OA product, with 25,542 monthly paid accounts, continues to actively support businesses and government agencies in digital transformation activities.

In the field of electronic payments, the Zalopay payment application recorded a strong growth in total transaction volume (Total Transaction Volume), up to 82% compared to the same period. The number of regular users increased by 33%, while revenue from financial services grew by 389%.

In September, the international QR Scan feature on Zalopay was officially launched in the Chinese market, after many Asian countries were announced before, helping Vietnamese people easily make payments abroad without having to exchange foreign currency or open a credit card. Domestically, Zalopay is actively promoting digital payment infrastructure in urban transportation (paying for Metro and bus tickets, looking up fine notices, etc.).

Revenue in the first 9 months of 2025 of the Digital Business segment - the group's only B2B business segment - increased by 57% over the same period, of which 55% came from overseas markets and 51% came from the AI segment. In the domestic market, GPU Cloud became the fastest growing segment after traditional computing, with Q3 revenue increasing by 135% over the same period in 2024. The growth momentum comes from high demand for AI applications such as Chatbot, OCR document extraction, biometric authentication and solutions for businesses in the fields of finance, securities, insurance and retail.

Regarding infrastructure, VNG Cloud has completed the expansion of 5 availability zones (AZ) in Hanoi , Ho Chi Minh City and Bangkok (Thailand), ensuring SLA 99.99% and supporting multi-AZ deployment, helping Vietnamese businesses expand their operations to the region more conveniently. Many retail businesses have deployed key systems such as CDP, POS and electronic invoices on this platform...

Mr. Le Hong Minh, Founder & Chairman of VNG, emphasized: “Three consecutive quarters of positive AOP profit is a positive signal showing the effectiveness of the strategic adjustments and investment discipline we have made. In the last quarter of the year and throughout 2026, we will continue to invest in AI and increase the proportion of revenue from international markets. In the context of the constantly fluctuating market, this will be the foundation for VNG to develop long-term and achieve a new growth cycle.”

Hong Diem

Source: https://doanhnghiepvn.vn/kinh-te/doanh-thu-quy-3-cua-vng-dat-gan-2-900-ty-dong/20251031092639349