February 21, 2024

We are creating some awesome events for you. Kindly bear with us.

Nurturing Vietnam’s Game Industry for Global Competitiveness

The game industry in Vietnam has emerged as a promising domain, yet it grapples with hurdles demanding immediate attention to unlock its full potential. In an era where global gaming numbers surged to nearly 3.2 billion players, generating a massive US$182.9 billion in 2022, Vietnam aims to solidify its stance in this evolving landscape.

Vu Quoc Huy, Director of the Vietnam National Innovation Centre (NIC), identifies the game industry as a pivotal sector crucial for the nation’s scientific, technological, and innovative growth trajectory. With an annual revenue surpassing US$500 million and a strong foothold as Southeast Asia’s fifth-largest revenue generator, Vietnam’s gaming landscape thrives. Over 50% of the population engages in gaming for entertainment purposes, signalling a robust market demand.

Image credits: VNA

Huy underscores the industry’s capacity to foster high-value jobs in programming and design, presenting an opportunity to propel Vietnam’s global position within value chains. The country currently ranks second in game downloads within Southeast Asia, witnessing a steady annual growth rate of approximately 10%. Globally, Vietnam clinches a position among the top 10 for download numbers and the top 30 for revenue generation.

The country boasts a talented pool of programmers capable of creating games meeting the stringent standards for Google and Apple stores. Apple estimates approximately 180,000 Vietnamese are actively engaged in mobile app development, with the game industry housing the majority.

The Ministry of Information and Communications (MIC) emphasises Vietnam’s rank as the seventh-largest global mobile game distributor, attributing Vietnamese developers to nearly half of the world’s renowned games. Yet, there’s a push to increase the industry’s revenue from US$600 million to a lofty US$1 billion within the next five years.

Vietnam’s game industry, with its remarkable growth trajectory and burgeoning talent pool, stands at the cusp of a transformative phase. Despite this burgeoning success, challenges persist. Addressing hurdles in infrastructure, market expansion, and skill development will be pivotal to realising its immense potential and securing a formidable position in the global gaming arena.

At the fore, Vietnam’s game industry grapples with entrenched social stigmas and a host of structural deficiencies that hinder its growth. The prevailing societal bias against gaming, perceiving it as addictive, detrimental, and resource-intensive, casts a shadow over the industry’s prospects.

Le Quang Tu Do, Director of the MIC’s Authority of Broadcasting and Electronic Information, highlights critical issues, including policy inadequacies, limited financial support, and a dearth of local game competitiveness in the global market. Moreover, the absence of a robust ecosystem and collaborative efforts among businesses stifles the industry’s progress, hindering the discovery of high-quality Vietnamese games by distributors.

A significant obstacle lies in the shortage of skilled human resources, with estimates suggesting a need for up to 30,000 qualified personnel in the game industry. To transform the industry into a robust and competitive landscape, Vu Quoc Huy, NIC Director, advises cultivating an internationally adept workforce and fostering a cohesive ecosystem where stakeholders collaborate and uplift each other.

Others advocate official recognition of the game industry as an economic sector and a pivotal driver of the digital economy. Acknowledging the need for an appropriate management strategy and development roadmap underscores the necessity of societal and governmental acknowledgement to attract foreign investment and solidify the industry’s position.

The MIC has outlined a developmental roadmap spanning 2022 to 2027, centring on addressing critical issues such as policy frameworks, market regulation, and manpower development. Initiatives encompass facilitating partnerships between domestic developers and international counterparts, alongside efforts to entice foreign investment entities into Vietnam’s burgeoning gaming sector.

As the MIC steers the developmental trajectory and industry stakeholders converge to address these challenges, Vietnam’s game industry holds the promise of a transformative evolution towards global competitiveness and economic significance.


Qlik’s vision is a data-literate world, where everyone can use data and analytics to improve decision-making and solve their most challenging problems. A private company, Qlik offers real-time data integration and analytics solutions, powered by Qlik Cloud, to close the gaps between data, insights and action. By transforming data into Active Intelligence, businesses can drive better decisions, improve revenue and profitability, and optimize customer relationships. Qlik serves more than 38,000 active customers in over 100 countries.


CTC Global Singapore, a premier end-to-end IT solutions provider, is a fully owned subsidiary of ITOCHU Techno-Solutions Corporation (CTC) and ITOCHU Corporation.

Since 1972, CTC has established itself as one of the country’s top IT solutions providers. With 50 years of experience, headed by an experienced management team and staffed by over 200 qualified IT professionals, we support organizations with integrated IT solutions expertise in Autonomous IT, Cyber Security, Digital Transformation, Enterprise Cloud Infrastructure, Workplace Modernization and Professional Services.

Well-known for our strengths in system integration and consultation, CTC Global proves to be the preferred IT outsourcing destination for organizations all over Singapore today.


Planview has one mission: to build the future of connected work. Our solutions enable organizations to connect the business from ideas to impact, empowering companies to accelerate the achievement of what matters most. Planview’s full spectrum of Portfolio Management and Work Management solutions creates an organizational focus on the strategic outcomes that matter and empowers teams to deliver their best work, no matter how they work. The comprehensive Planview platform and enterprise success model enables customers to deliver innovative, competitive products, services, and customer experiences. Headquartered in Austin, Texas, with locations around the world, Planview has more than 1,300 employees supporting 4,500 customers and 2.6 million users worldwide. For more information, visit www.planview.com.


SIRIM is a premier industrial research and technology organisation in Malaysia, wholly-owned by the Minister​ of Finance Incorporated. With over forty years of experience and expertise, SIRIM is mandated as the machinery for research and technology development, and the national champion of quality. SIRIM has always played a major role in the development of the country’s private sector. By tapping into our expertise and knowledge base, we focus on developing new technologies and improvements in the manufacturing, technology and services sectors. We nurture Small Medium Enterprises (SME) growth with solutions for technology penetration and upgrading, making it an ideal technology partner for SMEs.


HashiCorp provides infrastructure automation software for multi-cloud environments, enabling enterprises to unlock a common cloud operating model to provision, secure, connect, and run any application on any infrastructure. HashiCorp tools allow organizations to deliver applications faster by helping enterprises transition from manual processes and ITIL practices to self-service automation and DevOps practices. 


IBM is a leading global hybrid cloud and AI, and business services provider. We help clients in more than 175 countries capitalize on insights from their data, streamline business processes, reduce costs and gain the competitive edge in their industries. Nearly 3,000 government and corporate entities in critical infrastructure areas such as financial services, telecommunications and healthcare rely on IBM’s hybrid cloud platform and Red Hat OpenShift to affect their digital transformations quickly, efficiently and securely. IBM’s breakthrough innovations in AI, quantum computing, industry-specific cloud solutions and business services deliver open and flexible options to our clients. All of this is backed by IBM’s legendary commitment to trust, transparency, responsibility, inclusivity and service.

Send this to a friend