31-08-2020 21:35
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.
24-08-2020 22:37
VNG is suing TikTok, the Chinese short-form video platform, for not having sufficient licences for the songs being used in its videos.
10-08-2020 17:38
Despite mounting losses at Zion, VNG remains adamant about maintaining its ownership at the e-payment firm to remain in this promising market.
08-08-2020 13:18
This year may not be one of prosperity for VNG as the local unicorn has been constantly beset by adversities in recent months.
07-07-2020 09:56
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.
29-04-2020 15:37
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.
11-03-2020 16:59
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.
12-11-2019 08:00
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.
12-09-2019 17:05
As of late June, VNG's VND506 billion ($22 million) investment in Tiki has been fully lost.
06-08-2019 00:00
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.
04-08-2019 11:30
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).
19-07-2019 14:00
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.
24-05-2019 14:13
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.
08-05-2019 15:40
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.
27-03-2019 09:59
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.