Tencent-invested VNG, Singapore's ST Telemedia to build second data center in HCMC
Ho Chi Minh City-based game developer VNG Corporation and Singapore-headquartered ST Telemedia Global Data Centres (STT GDC) will jointly build a 60-MW data center in the southern metropolis.
Industries - Thu, May 16, 2024 | 6:29 pm
Tencent-invested Vietnamese game developer sees audited 2023 losses double to $82.5 mln
Ho Chi Minh City-based online game developer VNG Corporation, has reported an audited consolidated net loss of VND2,101 billion ($82.5 million) in 2023, nearly double its 2022 figure.
Companies - Wed, May 15, 2024 | 5:18 pm
Vietnam short of data centers despite investment rush
An investment rush by major Vietnamese firms including telecom giant VNPT and tech giant FPT has not been able to meet the demand for data centers in the country, market observers say.
Infrastructure - Sun, October 29, 2023 | 9:27 am
Chinese giant Tencent Holdings leaves huge imprint at Vietnam's VNG Corporation
Tencent Holdings showed up in 2018, but the Chinese giant marked its presence at VNG Corporation a decade before and has played an important role in the strong rise of Vietnam's first technology unicorn.
Companies - Wed, October 4, 2023 | 10:25 am
Falling business results major obstacle to tech unicorn VNG’s Nasdaq listing
Company leaders at Vietnamese tech unicorn VNG Corporation have had time to prepare for their U.S. listing, but declining business results have become a significant obstacle to the ambitions of chairman Le Hong Minh and his colleagues.
Companies - Sun, October 1, 2023 | 11:04 pm
Vietnamese tech unicorn VNG holds global ambitions
From a small gaming company founded by a group of enthusiasts, VNG Corp. became the first "unicorn" in Vietnam and is planning to expand across the global market.
Companies - Mon, September 25, 2023 | 2:35 pm
Vietnam’s first unicorn startup VNG files to go public in US
Tech major VNG Corp., Vietnam’s first unicorn startup, has filed for an initial public offering (IPO) in the U.S. while it is expanding business.
Companies - Thu, August 24, 2023 | 9:28 am
Tech unicorn VNG CEO registers to sell nearly 1 mln shares
General director and board member Le Hong Minh has registered to sell 983,783 VNZ shares to reduce his ownership from 12.27% to 8.85%, Vietnamese tech giant VNG Corporation announced.
Companies - Sun, August 20, 2023 | 3:59 pm
Tech unicorn VNG reports $2.1 mln Q2 profit after prolonged losses
Vietnamese tech giant VNG Corporation reported after-tax profit of VND50.2 billion ($2.1 million) in the second quarter of this year, its first profit since the fourth quarter of 2021.
Companies - Thu, August 3, 2023 | 10:01 am
Major shareholder in tech unicorn VNG plans to sell 3.48 mln shares
VNG Limited, the largest shareholder in Vietnamese tech giant VNG Corporation, registered to sell 3,483,048 VNZ shares to reduce its ownership from 61.12% to nearly 49%.
Companies - Sat, July 22, 2023 | 10:18 pm
Tech unicorn VNG suspends sale of 7.1 million treasury shares
VNG, one of four tech unicorns in Vietnam, will suspend the offering of over 7.1 million treasury shares to the BigV Technology Corporation.
Companies - Tue, July 11, 2023 | 11:14 pm
ZaloPay scores a national first with Shopify deal
ZaloPay has become the first e-wallet in Vietnam to participate in the payment system of the world's leading e-commerce platform Shopify.
Companies - Fri, June 23, 2023 | 10:03 pm
Tech unicorn VNG braces for $24 mln loss in 2023
Vietnamese tech giant VNG Corporation has targeted revenue of VND9.28 trillion ($394.5 million) and a loss of VND572 billion ($24.3 million) in 2023.
Companies - Mon, June 19, 2023 | 3:33 pm
Trading restrictions on VNG shares to be lifted
The Hanoi Stock Exchange (HNX) has announced it will remove trading restrictions on VNG shares of Vietnamese tech giant VNG Corporation from June 5, 2023.
Companies - Fri, June 2, 2023 | 4:07 pm
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Tencent-invested VNG, Singapore's ST Telemedia to build second data center in HCMC
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Hanoi opens bidding for $1.3 bln smart city project
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Coffee prices rise, more businesses go bankrupt: exec
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