On May 6, VNG released its financial report for the first quarter of 2025. Accordingly, the unit recorded net revenue of VND 2,232 billion; profit from business activities after adjustment reached VND 185 billion, a sharp increase compared to the VND 1 billion mark of the same period last year.
The gaming (online games) segment continues to be a bright spot in this technology baby boom, reaching VND1,666 billion in bookings (an index reflecting the total amount of money users spent in the period applied for calculation), of which the international market accounts for 20%. Previously in 2024, VNGGames recorded revenue of VND 7,233 billion, of which VND 1,639 billion came from international markets.
Also in the first 3 months of the year, VNG continued to make great strides in implementing the AI strategy. Zalo AI successfully trains a large language model (LLM) with the same capacity as GPT-4, helping Vietnam become one of the first 3 Southeast Asian countries to own LLM.
Zalo maintains its position as the leading communication platform in Vietnam with nearly 78 million monthly active users and nearly 2 billion messages sent each day (up 5% over the same period).
This platform has made a positive contribution to national digital transformation, especially in public administration, social security and health. From central to local levels, state agencies are promoting the application of Zalo Official Account and Mini App to connect with people and provide public services.
In early April 2025, the Ministry of Public Security deployed the Official Zalo OA Site - an official information channel, continuously updating security and order, law propaganda and crime warnings.
In Hanoi, the Traffic Police Department received nearly 8,000 traffic violation reports via Zalo OA; while the Mini App of Thai Binh Provincial Police attracted more than 10,000 visits after just one month of implementation...