By the end of 2024, the Group's consolidated revenue will reach VND 9,273 billion, adjusted net profit from business operations will reach VND 302 billion, marking a clear recovery compared to the loss of VND 23 billion in 2023.
In the first 6 months of 2025 alone, VNG contributed VND560 billion to the state budget. Core business segments all recorded stable growth and made positive contributions to Vietnam's digital economy . Specifically, in the second quarter, the gaming segment recorded bookings of VND1,926 billion, with 17% from the international market, actively promoting digital service exports. Domestic platforms such as Zalo and Zalopay maintain their role as essential technology infrastructure for Vietnamese users, supporting public administration connections and promoting cashless payments nationwide.

In particular, with artificial intelligence (AI), a field that is creating profound impacts around the world , VNG is achieving very positive results. VNG is currently one of the few technology enterprises in Southeast Asia to invest comprehensively in AI in all three layers: Infrastructure-Platform-Application. In June 2024, the group launched the first large-scale AI Cloud infrastructure in the region in Bangkok (Thailand), successfully commercializing AI after only 6 months of implementation. At the foundation layer, through Zalo's engineering team, VNG has successfully developed the large language model KiLM from scratch, making Vietnam one of three Southeast Asian countries to own its own LLM, with capacity equivalent to GPT-4.
The group also demonstrated its ability to effectively integrate AI into products serving ordinary users on a large scale. About 20% of Zalo users have accessed features such as composing messages by voice, converting voice to text, creating AI avatars, etc. The general Q&A assistant Kiki Info, operated through Zalo Official Account, attracted more than 1 million uses in less than 2 months. AI Cards, an innovative application, also recorded 15 million cards created and sent in the same period.

Not limited to business goals, VNG also proactively implements many community initiatives to improve national AI capacity. In early 2025, Zalo cooperated with the Japan Advanced Institute of Science and Technology (JAIST) to launch the Vietnamese LLM Development Report based on the VMLU standard set and provide it for free, to support the Vietnamese community in researching and training large language models.
In May 2025, the Group signed a cooperation agreement with Ho Chi Minh City National University, committing to sponsor VND25 billion in 3 years for R&D activities and accompanying the training of at least 1,000 high-quality students. The Group also operates an AI Research and Laboratory at its headquarters, providing GPUs for talented young research groups. At the end of June, Zalo joined the first AI Alliance in Vietnam - Au Lac, committing to developing community-oriented AI technology and promoting national digital transformation.
PRIVATE 100 is a list of all private enterprises with budget contributions of VND 100 billion or more in the fiscal year, updated annually by CafeF based on public data on business results, budget contributions and financial capacity of the enterprises.
Source: https://nhandan.vn/vng-lot-top-29-doanh-nghiep-tu-nhan-dong-thue-lon-nhat-viet-nam-post901605.html
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