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Private company

VNG

Logo: VNG Corporation, Public domain, via Wikimedia Commons3

Vietnamese technology company

VNG Corporation (Vietnamese: Công ty cổ phần VNG, lit. 'VNG joint-stock company'), also recognized by its former brand name VinaGame (VNG), is a Vietnamese technology company founded in 2004. It specialises in digital content, online entertainment, social networking, and e-commerce. Its focus is on four main businesses, including online games, platforms, digital payments, and cloud services.2 Wikipedia text CC BY-SA 4.0

Last updated Oct 21, 2026.

Overview

Sep 9, 2004Founded1

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VNG Corporation (Vietnamese: Công ty cổ phần VNG, lit. 'VNG joint-stock company'), also recognized by its former brand name VinaGame (VNG), is a Vietnamese technology company founded in 2004. It specialises in digital content, online entertainment, social networking, and e-commerce. Its focus is on four main businesses, including online games, platforms, digital payments, and cloud services. VNG is responsible for the development of products such as Zalo, ZaloPay, Zing MP3, and 123phim.2

Corporate structure

VNG sits at the top of its group. 1 entity, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.

  • VNG Ho Chi Minh City
    • Zuni Owned

Built from subsidiaries, stakes and holdings from Wikidata (CC0); major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

What it owns

What VNG reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Stakes and holdings (Wikidata)

  • Zuni

Things Wikidata records the company as owning, with the share when stated.1

The story

VNG was founded on 9 September 2004, under the name VinaGame.

2006–2007: The company focused on developing software products, such as "Internet Cyber Station Manager" (CSM) and 123mua.com.vn (e-commerce). They also developed web products under the Zing Brand—a comprehensive platform covering information, connection, and entertainment. In August 2008, Alexa ranked ZingMP3 the most popular listening and search tool for online music in Vietnam.

2008–2009: The company launches under the name VNG Corporation.

2010–2011: Created an online game called Thuận, which won the Sao Khue award in 2010 in the category of Products/Gaming Solutions and Electronic Entertainment. The Un In online game was exported to Japan.

2012–2013: Zalo, a mobile application for instant messaging and calls, reached 10 million users in 1.5 years.

2014: VNG was evaluated at 1 billion US dollars by World Startup Report and become the first and only unicorn startup in Vietnam.

2015: VNG was honored as "Global Fast-Growing Enterprise in East Asia" by the World Economic Forum (Manila, Philippines).

2016: VNG launched Zalopay—a mobile payment application.

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2017: VNG was the first Vietnamese tech company to sign an MOU with the world's second-largest stock exchange, Nasdaq, to explore a US listing.

2018: VNG announced new strategic businesses, such as finance and payment and cloud services.

2024: At Vietnam GameVerse 2024, a gaming festival, VNG and Roblox announced their cooperation, making VNG the official publisher of Roblox in Vietnam.

From Wikipedia’s article on VNG Corporation, shared under CC BY-SA 4.0.4

Products and brands

Zuni online learning

Zuni is an online nonprofit educational project funded and operated by VNG and VNIF, which was officially published in March 2014.

Zing MP3

Zing MP3, a music streaming service, was launched in August 2007. Its smartphone application went on to become one of the few most frequently downloaded apps in Vietnam.

Zing Me social network

Zing Me was a social network operated by VNG, introduced in August 2009. It was integrated directly via the Zing system, with a variety of special applications like blogging, photo and music sharing, gaming, video clips, and email. In addition, Zing Me was the first social network in Vietnam that had the properties of a platform. In March 2010, it launched its first version for mobile phones. In 2020, the platform was shut down after long period of popularity decline.

Zalo

Zalo is a free message and call application on mobile and desktop, released on 8 August 2012 for iOS, Android, and Windows phones.

Read the full text

123Pay

In 2010, VNG created the online payment platform 123Pay. It is the successor to and developed on the ZingPay platform, used for VNG's online games since 2005.

ZaloPay

ZaloPay is a digital and personal payment platform.

CSM

Cyber Station Manager (CSM) is a free software from VNG for managing internet agencies. The first version of CSM was published on 2 February 2006.

Cloud services

Full-stack cloud services for organizations and businesses, with smart tech solutions linked through internet connection and cloud technology.

From Wikipedia’s article on VNG Corporation, shared under CC BY-SA 4.0.4

Subsidiaries and ownership

Also owns

  • Zuni

From Wikidata.1

Timeline

  1. Sep 9, 2004Founded Founded1

Sources

The numbers on this page point here. Each one links to the record it came from.

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