clock ticking for tiktok to remove zing owned tracks

Clock ticking for TikTok to remove Zing-owned tracks

If successful, VNG’s lawsuit against TikTok for copyright infringement is expected to contribute to the process of extending copyright protection for music in Vietnam.
vng sues tiktok for music copyright infringement

VNG sues TikTok for music copyright infringement

VNG is suing TikTok, the Chinese short-form video platform, for not having sufficient licences for the songs being used in its videos.
vng maintains investment in zion to keep at e payment race

VNG maintains investment in Zion to keep at e-payment race

Despite mounting losses at Zion, VNG remains adamant about maintaining its ownership at the e-payment firm to remain in this promising market.
vng on a bumpy road in 2020

VNG on a bumpy road in 2020

This year may not be one of prosperity for VNG as the local unicorn has been constantly beset by adversities in recent months.  
renewing vng after mistaken banking foray

Renewing VNG after mistaken banking foray

Vietnam’s first unicorn business could be tested on how it can ride out the bumps and find new growth potential, especially since its digital banking project failed to obtain a legal licence, it saw massive losses in e-commerce platform Tiki, and has hesitated to file for an initial public offering.
covid 19 can accelerate the ipo of local tech stocks

COVID-19 can accelerate the IPO of local tech stocks?

As COVID-19 is buoying up global tech stocks thanks to the sudden growing demand for work and entertainment from home, it remains a question whether the pandemic could accelerate the IPOs of local tech companies.
vietnams e commerce market to exceed 17 billion in 2023

Vietnam’s e-commerce market to exceed $17 billion in 2023

Rising internet and smartphone penetration coupled with a large young population will propel the Vietnamese e-commerce market, which is projected to grow at a compound annual growth rate (CAGR) of 16.3 per cent from VND218.3 trillion ($9.5 billion) in 2019 to VND399.5 trillion ($17.37 billion) in 2023, according to forecast from GlobalData, a leading data and analytics company.
zalovn domain has been suspended for 45 days

Zalo.vn domain has been suspended for 45 days

On November 11, the Vietnam Internet Network Information Center (VNNIC) announced suspending the operations of the zalo.vn domain of VNG Corporation for 45 days to handle the violations of social network operator Zalo.
tiki burned through 22 million from vng

Tiki burned through $22 million from VNG

As of late June, VNG's VND506 billion ($22 million) investment in Tiki has been fully lost.
jdcom usurps vng to become tikis largest shareholder

JD.com usurps VNG to become Tiki's largest shareholder

VNG used to be Tiki's largest shareholder with an investment of VND384 billion ($16.7 million) but it has just lost this position to JD.com, a Chinese e-commerce giant.
vng in 443 million deficit in second quarter of 2019

VNG in $4.43 million deficit in second quarter of 2019

VNG has just released its separate financial statement for the second quarter of 2019, which reported a pre-tax loss of VND110 billion ($4.78 million) and net loss of VND102 billion ($4.43 million).
two zalo domains of vng revoked

Two Zalo domains of VNG revoked

The Ho Chi Minh City Inspectorate of the Department of Information and Communications requested VNG to stop using the Zalo.vn and Zalo.me domain names on which it has been operating unauthorised social networks.
developing e sports in vietnam

Developing e-sports in Vietnam

In the context of the fast development of e-sports in Vietnam, Nguyen Thanh Hung, director of e-sports development at VNG, Vietnam’s first startup unicorn, shared his ideas to develop the market.
tiki triples annual loss

Tiki triples annual loss

Tiki seems farther than ever from breaking even and ending its multi-year series of losses after the e-commerce platform has tripled its losses over-year.
chairman of evn tpc quang ninh arrested

Chairman of EVN TPC Quang Ninh arrested

The Quang Ninh Public Security Department has arrested Le Duy Hanh, chairman of Quang Ninh Thermal Power JSC (EVN TPC Quang Ninh – code: QTP) for the charge of abusing his position and powers to commit violations.