By the end of 2024, VNG will achieve consolidated revenue of VND 9,273 billion, adjusted net profit from business operations of VND 302 billion, marking a clear recovery compared to the loss of VND 23 billion in 2023. Core business segments are all having stable and growing profits.
VNG holds annual shareholders meeting in 2025
PHOTO: Contributor
Specifically, the online gaming segment continues to play a key business role, with the game publishing segment maintaining its leading position in Vietnam with 74.3 million regular users per quarter. The game development segment also recorded a 37% growth in bookings over the same period. Zalo continues to affirm its position as the most popular messaging application in Vietnam with 77.8 million users and nearly 2 billion messages sent per day. The Zalopay payment platform recorded outstanding success with its multi-function QR code (total payment value growth of 1,531%) and newly launched personal financial services (revenue increased sharply by 149% compared to 2023)...
Based on this growth momentum, VNG aims to achieve revenue of VND 10,773 billion in 2025 and an annual growth rate of 19% CAGR in the context of a volatile technology market. The company's strategy focuses on expanding the market and diversifying products to create sustainable growth. AI and Go Global continue to be identified as two prominent and consistent strategies in all business and operational activities of the group, not only helping to steadily improve financial efficiency but also creating a new growth phase for core business segments.
In particular, 2025 will continue to be a year when VNG will strongly expand into the international market. Specifically, the online game segment will promote globalization in both game publishing and development. In addition to expanding in key markets such as Southeast Asia, Taiwan, Hong Kong, and the US, VNG will also promote co-creation cooperation and integrate AI into the game operation - publishing - development chain...
Mr. Le Hong Minh, Chairman of the Board of Directors of VNG emphasized: Since its inception, VNG has always chosen the path of self-development of technology, proactively embracing new technology waves, from PC, Mobile, Cloud and now AI. With AI, the company has a comprehensive but cautious approach, focusing on areas with clear practical value. The company believes that only when the development strategy goes hand in hand with financial efficiency, can VNG go far and sustainably on the journey to become a global technology company - originating from Vietnam.
Source: https://thanhnien.vn/vng-dat-muc-tieu-dat-doanh-thu-10773-ti-dong-tap-trung-ai-va-go-global-185250621142213604.htm
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