cloud computing vision outlined at internet day

Cloud computing vision outlined at Internet Day

Stores at Internet Day showed a solid foundation in infrastructure, connectivity, cloud computing eco-system, and advanced technology solutions, which provide the key tailwind for Vietnam to enter the 4.0 era.
vng reports massive loss from affiliated companies

VNG reports massive loss from affiliated companies

VNG saw soaring losses from affiliated companies, with the estimated loss of VND151 billion ($6.57 million) in the three first quarters of this year, nearly doubling the figure on-year.
vng perseveres after losing almost two thirds of investment in tiki

VNG perseveres after losing almost two thirds of investment in Tiki

According to VNG’s first half financial statement, after investing VND506 billion ($22.4 million) in Tiki, VNG’s investment is currently worth only VND185 billion ($8.2 million) at the moment.
online sellers battlefield continues to heat up

Online sellers’ battlefield continues to heat up

Online sellers now are not fighting for profit but for market share, analysts say.
th group expects ipo in singapore within next two years

TH Group expects IPO in Singapore within next two years

TH Group may one-up Vietjet and VNG by becoming the first Vietnamese firm to have its stock listed on an overseas stock exchange. However, the IPO is planned for 2020, which leaves a lot of space for action for the other firms.
vng takes loss from tiki in stride

VNG takes loss from Tiki in stride

Despite the value of VNG Corporation’s investment dropping like a stone, VNG plans to take the blow and wait out brighter times, as Tiki and ZaloPay are part of its long-term development plan.
vng keeps quiet on us listing

VNG keeps quiet on US listing

One year after online gaming and messaging firm VNG Corporation issued plans to list its shares on Nasdaq in the US, no information of progress has been disclosed.
evngenco 2 to be effectively improved before ipo

EVNGenco 2 to be effectively improved before IPO?

As one of the two giants under Vietnam Electricity Corporation to be equitised this year according to plans approved by the prime minister, EVNGenco 2’s profit has continuously been decreasing over the past few years. Will EVNGenco 2 be upgraded effectively enough for the upcoming June 2018 initial public offering (IPO)?
vng to reach out silicon valleys vietnamese talents for cooperation

VNG to reach out Silicon Valley's Vietnamese talents for cooperation

On April 29, Vietnam’s leading internet enterprise VNG Corporation held the “Vietnam Internet Ecosystem” event in the Silicon Valley in the US' California to connect and seek co-operation opportunities with US firm Vietnam Resource & IT Development Group.
ipo of heavyweight power producers electrifies market

IPO of heavyweight power producers electrifies market

Power Generation Corporation 3 (EVNGenco 3) of Electricity of Vietnam (EVN) will put VND6.6 trillion ($290.6 million) worth of shares on sale at its initial public offering (IPO) and offer stakes for strategic investors, providing another investment opportunity for investors in the electricity sector, along with PV Power’s offers.
vng targets 35 per cent growth in pre tax profit in 2017

VNG targets 35 per cent growth in pre-tax profit in 2017

According to the resolution of the annual shareholders’ meeting of major Vietnamese information technology company VNG Corporation passed last week, it has set a target revenue of VND3.96 trillion ($174 million), up 31 per cent over the previous year, and profit before tax of VND908 billion ($40 million), up 34.7 per cent.
pm supports nasdaqs cooperation with vietnamese firms

PM supports Nasdaq’s cooperation with Vietnamese firms

Prime Minister Nguyen Xuan Phuc has expressed his wish that, with its reputation and influence, the Nasdaq Stock Market would further expand cooperation with and provide stronger assistance for Vietnamese enterprises, including the VNG Corporation (VNG), to list their shares on the US stock market.
vns games revenue expected at 1 billion by 2027

VN's games revenue expected at $1 billion by 2027

Vietnam’s games industry is expected to see revenue of $1 billion by 2027, Mr. Le Hong Minh, CEO of VNG, told the Vietnam Games Summit on May 5, citing the burgeoning interest in games among young Vietnamese.
vng launches mobile coupon app

VNG launches mobile coupon app

VNG Corporation on April 1 launched YAP, a free mobile app that allows users to receive promotions and offers from places such as restaurants and shops.
musician vng settle case out of court

Musician, VNG settle case out of court

The HCM City People's Court suspended a trial yesterday after musician Tran Lap made a deal with VNG Corporation and withdrew his copyright violation lawsuit.