Vietnam's gaming industry reaching high score in entertainment sector

Vietnam’s gaming industry has taken a significant stride in 2024, with many important activities conducted by the Ministry of Information and Communications in collaboration with game producers and distributors to guide the growth of the sector.

Despite the challenges of a highly competitive global gaming environment, the industry’s revenue is projected to reach approximately 493 million USD in 2024.

Employment in the sector has grown substantially, with an estimated 4,100 workers, up 31% from 2023. This growth is a direct result of the cooperation and alliances forged among local developers, distributors, and the Government to strengthen Vietnam’s position in the global gaming landscape.

Despite these efforts, the industry still faces several challenges. A significant portion of games in the local market are foreign-made, with Vietnamese developers accounting for just 14% of the market share.

Looking ahead to 2025, the Ministry of Information and Communications plans to continue fostering the growth of the sector while ensuring effective regulation./.