VNG Corporation, 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.[2] 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.[3]
According to the ASEAN Post, the company is "Vietnam's first ever unicorn start-up".[4]
Timeline
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.