A blog dedicated to exploring artificial intelligence (AI) and other trending technologies in the 21st century has said Vietnam is consolidating its role in the development of electronic games worldwide.
Axie Infinity is one of Vietnamese successful online games. (Photo: axieinfinity.com)
Hanoi (VNS/VNA) – A blog dedicated to exploringartificial intelligence (AI) and other trending technologies in the 21stcentury has said Vietnam is consolidating its role in the develop🦩ment ofelectronic games worldwide.
Fagen Wasanni Technologies, also said the country is part of theSoutheast Asia region, one of the fastest-growing gaming markets worldwide,with a market size of 5 billion USD and 270 million gamers. Among them, themobile gaming sector is leading the growth trajectory due to its affordabilityand market penetration capabilities, as evaluated by the game-focused websitePocketgamer. In this developmental context, there are now many Vietnameseenterprises capable of producing and operating online games instead of relyingon imported products. Vietnam has risen to the 5th position in the list of top countriesfor game production worldwide, according to a report from data tracking companyDataAI & AppMagic. In the first quarter of this year, 4.2 billion app downloads fromgames were created by Vietnamese developers, which highlights the country’sgrowing position in the industry. Several Vietnamese app developers, including major names likeFalcon Global, ABI Global, Zego Global, and Rocket Studio, are among the top 50companies in e-game production. The applications developed by these companieswere downloaded more than 100,000 times in 2022. A recent assessment by Bloomberg also acknowledges Vietnam as apowerhouse in the gaming industry, being among the top five countries globallyin terms of mobile game production, based on download numbers in the first halfof 2023. Vietnam’s thriving talent pool and proximity to the culturallydiverse region are also reasons for this growth, as cited by Samuel Stevenin,the general manager of Virtuos, a game maker that entered the Vietnamese marketin 2011. He also highlights the cultural emphasis on developing mobileproducts in Vietnam and Southeast Asia as a whole, as well as the expertise andpassion of local talents in creating high-quality digital content andworld-class games. The explosive success of games like Axie Infinity and Flappy Bird are among many inspiringsuccess stories that have made a significant impact./.
The video game “Lac Viet phieu luu ky” (Lac Viet Adventures) was selected by the Ministry of Foreign Affairs as a promotional product on digital platforms at the Vietnam Days Abroad 2022 which will respectively take place in Austria, India, and the Republic of Korea in September, November and December this year.
Under a draft to amend and supplement the Government's Decree 125/2020/ND-CP on administrative sanctions for violations of tax and invoice regulations, the Ministry of Finance has proposed classifying the failure to issue invoices into five different levels. Infraction levels will correspond to fines of 1 million VND to 80 million VND, depending on the nature and number of invoicing violations.
A new airline developed and invested by Sun Group — has officially announced a strategic partnership with Amadeus IT Group (Amadeus), one of the world’s leading travel technology companies. This agreement not only lays the foundation for a modern digital infrastructure but also marks a pivotal step in SPA’s global expansion strategy, enabling the airline to access international distribution networks and reach customers worldwide.
Of the total, 107,700 were new firms, with combined registered capital of 928.4 trillion VND (35.4 billion USD), up 10.6% in number and 5.5% in capital compared with the same period last year.
Experts agree that a combination of technology, enforcement, education and cross-border cooperation is essential to protect copyrighted content in Vietnam’s growing digital ecosystem.
Poland is Vietnam’s largest export market in Central and Eastern Europe, with key staples including seafood, textiles, footwear, coffee, and cashew nuts.
Cashless payments are growing at an impressive rate, averaging 30–40% annually. Vietnam’s per capita cashless transaction volume now trails only China, with total value of 295.2 quadrillion VND (11.26 trillion USD), or 26 times of its GDP.
A draft resolution on piloting a digital asset and cryptocurrency market is being developed, aiming to create a broad-enough regulatory sandbox that enables investor participation and provides practical grounds for policy refinement in areas such as risk management and anti-money laundering.
Viettel was ranked third for overall mobile performance with a score of 82.56 just behind UEA’s e& (88.05) and Quatar’s Ooredoo (87.05) and ahead of Singapore’s Singtel (82.53). Vinaphone took second in 5G speed with a score of 78.11, trailing only behind e&.
PM Chinh proposed MUFG work closely with the Ministry of Finance to improve legal frameworks and support the establishment and operation of the international financial centre in Da Nang and Ho Chi Minh City.
The Prime Minister emphasised the significance of maintaining macroeconomic stability, controlling inflation, promoting growth, and improving the harmony between monetary and fiscal policies.
Petrovietnam will step up the development of new products and the expansion of international markets to reduce reliance on the domestic market. It also plans to optimise capital use, manage cash flow and costs, streamline operations, and enhance workforce quality to achieve its 2025 goals.
Vietnam has so far attracted 43,346 valid FDI projects with a total registered capital of 517.14 billion USD. The accumulated disbursed capital is estimated at nearly 331.46 billion USD, accounting for 64.6% of the total registered capital.
More than a product showcase, Vietfood & Beverage – Propack Vietnam 2025 is designed as a comprehensive ecosystem where businesses, experts, and consumers can share knowledge, explore technologies, and connect for collaboration.
Both sides expressed their hope that the outcomes of the discussion will continue to improve the efficiency of customs clearance activities at the customs clearance points and dedicated transport routes of the Huu Nghi – Youyi Guan international border gate pair.
The maximum retail price of E5 RON92 petrol has increased by 207 VND to 19,608 VND (0.75 USD) per litre while that of RON95-III rose by 234 VND to 20,074 VND per litre.
Axie Infinity is one of Vietnamese successful online games. (Photo: axieinfinity.com) 
