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Update news gaming industry
According to Marc Woo, Country Director of Google Vietnam, the nation is now asserting its place as a global app powerhouse, boasting the highest revenue growth in Southeast Asia.
Games and mobile applications developed by Vietnamese programmers generated over 80 million USD in revenue from international users in 2024 - a 65% increase compared to the previous year, the fastest growth rate in the Asia-Pacific region.
Some 11 million gaming account credentials were leaked worldwide in 2024, according to Kaspersky Digital Footprint Intelligence.
The recognition of gaming as one of Vietnam’s 12 official cultural industries signals a major shift in perception. The state is not only managing but actively supporting creative endeavors.
‘Game Hub’ is one of the new initiatives raised by the Ministry of Information and Communications (MIC) to promote the development of Vietnam's gaming industry.
The Ministry of Information and Communications (MIC) has set a target of increasing revenue from online games from $600 million to $1 billion in the next five years.