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

As a key player in VNG 's "Go Global" strategy, the Gaming segment continues to be a revenue pillar with total bookings reaching VND 2,328 billion, of which 17% came from international markets. Notably, VNGGames' long-term strategic titles recorded a revenue growth of up to 39% compared to the same period in 2024.

During the quarter, VNGGames launched 7 new games and participated in Gamescom Asia × Thailand Game Show 2025, the largest international gaming event in Southeast Asia, affirming its position as the number 1 game in Vietnam and number 2 in Southeast Asia. Roblox also saw its fourth consecutive quarter of growth in users and revenue since being operated by VNGGames in the Vietnamese market.

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

Zalo continues to maintain its position as the number one messaging platform in Vietnam with 79.2 million monthly users and 2.1 billion messages sent daily. In addition, the Zalo OA product, with 25,542 monthly paid accounts, continues to actively support businesses and government agencies in their digital transformation efforts.

In the field of electronic payments, the Zalopay payment application recorded continued strong growth in total transaction volume, reaching 82% year-on-year. The number of regular users increased by 33%, while revenue from financial services grew by 389%.

In September, Zalopay's international QR code scanning feature was officially launched in the Chinese market, following earlier announcements in several Asian countries. This makes it easier for Vietnamese people to make payments abroad without needing to exchange currency or open a credit card. Domestically, Zalopay is actively promoting digital payment infrastructure in urban transportation (paying for Metro and bus tickets, checking traffic violation notices, etc.).

Revenue for the first nine months of 2025 in the Digital Business segment – the group's only B2B business – increased by 57% year-on-year, with 55% coming from overseas markets and 51% from the AI segment. In the domestic market, GPU Cloud became the fastest-growing segment after traditional computing, with Q3 revenue increasing by 135% year-on-year in 2024. This growth was driven by high demand for AI applications such as chatbots, OCR document extraction, biometric authentication, and solutions for businesses in the finance, securities, insurance, and retail sectors.

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

Mr. Le Hong Minh, Founder & Chairman of VNG, emphasized: “Three consecutive quarters of positive AOP profit are a positive sign showing the effectiveness of the strategic adjustments and investment discipline we have implemented. In the last quarter of the year and throughout 2026, we will continue to invest strategically in AI and increase the proportion of revenue from international markets. In the context of a constantly fluctuating market, this will be the foundation for VNG's long-term development and achieving 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