Sci-Tech

VNG pours money into Korean game company

VNG Corporation, a Vietnamese technology company, announced it has invested in a Korean gaming start-up Haegin, officially jumping into the Metaverse, a virtual-reality space in which users can interact with a computer-generated environment and other users, and boosts the firm’s “go global” strategy.
VNG pours money into Korean game company ảnh 1VNG's campus in HCM City. VNG has invested in Korean gaming start-up Haegin, officially jumping into Metaverse, a virtually-reality space. (Photo courtesy of the firm)
Hanoi (VNS/VNA) - VNG Corporation, a Vietnamese technology company, announcedit has invested in a Korean gaming start-up Haegin, officiallyjumping into the Metaverse, a virtual-reality space in which userscan interact with a computer-generated environment and other users, andboosts the firm’s “go global” strategy.

VNG joinedHaegin’s series B investment worth 100 billion won, or 81 million USD,with investors including Bon Angels, Venture Partners and StormVentures. Haegin has raised funds from Kakao Games, Nepture, Netmarble,KDB Industrial Bank, Lotte Ventures and NetEase.


Haeginis a mobile game company founded in September 2017 by CEO Lee Young-il, theco-founder of Comus, who oversaw the development of global hits such as‘Summer's War: Arena of the sky’, ‘Golf Star’, ‘Fishing’, ‘Home Run Battle’ and‘Combus Professional Baseball’.

Initially,Haegin attracted more than eight billion won in investment from StormVentures, Tencent, Bon Angels, Cona Venture Partners, Dev Sisters, and expertsin each field who have gained various experiences and skills in the globalgaming market have steadily joined.

After theround, Haegin joined the list of ‘Unicorn Companies’ in Korea.

Haeginis developing two new mobile games relating to sports and role-playing games(RPGs) with the goal of launching this year. With the new investments, Haeginplans to actively use the overall company's capabilities to leap forward overglobal game companies, such as large-scale expansion of recruitment, improvingthe working environment and welfare system, and expanding investment in thegame business.

AVNG representative said that by investing in Haegin, VNG not only spreadsout across the globe but also aims to become a global investor, particularly inthe Metaverse./.
VNA
#VNG #investment #game #Vietnam Plus #VIetnam News Agency
Follow VietnamPlus

Related News

VNG Corporation eyes new fintech solution partners

VNG Corporation eyes new fintech solution partners

Top Vietnamese internet company, VNG Corporation, is eyeing new fintech solution partners at Enterprise Singapore (ESG)’s inaugural Southeast Asian Open Innovation Challenge at the Singapore Week of Innovation and Technology 2020 (SWITCH 2020) from December 7 to 11.
Vietnam invests over 211 million USD abroad in Q1

Vietnam invests over 211 million USD abroad in Q1

Vietnam’s overseas investment reached over 211.45 million USD in the first quarter of 2022, equivalent to nearly 37 percent of that reported in the same period last year, according to the Ministry of Planning and Investment.

See more

UNDP Deputy Resident Representative in Vietnam Patrick Haverman speaks at the event. (Photo: VNA)

Report flags gaps in Vietnam’s AI push in public sector

A report funded by UNDP and conducted by the Institute for Policy Studies and Media Development (IPS) found that 87% of AI-integrated public sector projects remain dormant, while 70% of surveyed businesses and organisations rated their AI efforts as minimally effective.

Prime Minister Pham Minh Chinh speaks at the first meeting of the Government steering committee for the development of science, technology, innovation and digital transformation, and Project No. 06 on March 18. (Photo: VNA)

Prime Minister pushes for streamlined, data-driven government

Project 06 has shown tangible results, he said, highlighting the country has completed the issuance of 100% of chip-based citizen ID cards, activated over 61 million electronic identity accounts, and provided 40 utilities on the VNeID application. Online public services have been perfected, with 58 out of 76 essential online public services now available.

Vietnamese AI startup raises 1 million USD from leading investors. (Photo: VNA)

Vietnam's AI startup secures 1 million USD from major investors

Filum AI announced on March 18 that it had secured funding from regional prestigious investment funds, including Nextrans, VinVentures, and TheVentures, as well as strategic investors: Hung Tran (founder of Got It and AIforVietnam.org), Tran Anh Dung (founder of MOG) and other individual investors.

Prime Minister Pham Minh Chinh speaks at the first meeting of the Government steering committee for the development of science, technology, innovation and digital transformation, and Project No. 06. (Photo: VNA)

PM orders translation of Resolution No.57 into reality with tangible results

Chairing the first meeting of the Government steering committee for the development of science, technology, innovation and digital transformation, and Project No. 06 on March 18, PM Chinh, also head of the committee, laid stress on the significance of the resolution, which serves as the guiding principles for the country’s socio-economic development in the new era.

Prime Minister Pham Minh Chinh chairs a meeting to review the activities of the National Committee for Digital Transformation and Project 06. (Photo: VNA)

PM asks for accelerated implementation of Project 06

The directive states that the Politburo has identified "the development of science, technology, innovation, and national digital transformation as a key breakthrough, a main driving force for rapidly developing modern productive forces, perfecting production relations, innovating national governance methods, socio-economic development, preventing the risk of backwardness, and propelling the country to significant development and prosperity in the new era."

At the launch of the Vietnam Innovation Challenge 2025, the third edition of the annual programme. (Photo: VNA)

Vietnam Innovation Challenge 2025 launched

This year's theme centres on Project ViGen, an endeavour to create high-quality, open-source, Vietnamese datasets for the training and enhancement of large language models (LLMs) so AI models can better understand Vietnamese culture, context, and expressions.

Prime Minister Pham Minh Chinh speaks at the policy forum “Taking the Lead: Vietnam’s Proactive Strategy for Semiconductor & AI Advancement in the New Era” on March 14. (Photo: VNA)

PM urges global partners to support Vietnam's AI, semiconductor development

Seeing institutional frameworks as both "bottleneck of bottlenecks" and "breakthrough of breakthroughs,” Vietnam is mapping out policies to develop the AI and semiconductor industries. The Government has pledged to slash at least 30% of cumbersome administrative procedures, step up decentralisation, enhance implementation capacity, and promote self-resilience and creativity among stakeholders, PM Pham Minh Chinh said.

Prime Minister Pham Minh Chinh serves as head of the Government steering committee for the development of science, technology, innovation and digital transformation. (Photo: VNA)

Government steering committee set up to drive Vietnam’s sci-tech, innovation development

It is tasked with studying and proposing the Government and the PM national strategies, policies, and solutions for developing science, technology, innovation and digital transformation. Besides, it is in charge of overseeing the implementation of project No. 06 on developing the application of population data, identification, and e-authentication data, as well as administrative reform efforts.

Vietnam accelerates 5G commercialisation

Vietnam accelerates 5G commercialisation

The Ministry of Science and Technology has been assigned to speed up 5G commercialsiation, conduct research on 6G technology, develop telecommunications satellites, and upgrade the national telecom backbone infrastructure.

AISC25 launches to drive sustainable development initiative (Photo: VNA)

AISC 2025: AI, semiconductors to power Vietnam’s growth

Speaking at a seminar titled “The convergence of semiconductors and artificial intelligence: a breakthrough for a new cycle of opportunities”, part of the 2025 Artificial Intelligence and Semiconductor Conference (AISC) held in Hanoi on March 13, Duong highlighted the significant role of AI and semiconductors in accelerating Vietnam’s development in the coming years.

Aitomatic founder Dr. Christopher Nguyen speaks at the AI-Semiconductor Conference. (Photo: VNA)

Vietnam positioned for major breakthrough in AI, semiconductor: experts

AISC 2025 shows the strong interest of the international community and affirms Vietnam as a strategic destination in high-tech fields, he said, adding the combination of national vision and international investment needs from developed economies such as the US, Japan, and the Republic of Korea (RoK) has created significant attractiveness of the event, opening up important opportunities for the development of the AI and semiconductor industries in Vietnam.

A performance at Ha Long Carnaval 2024 (Photo: VNA)

Ha Long Carnaval to take place on May 1

Themed "Connecting heritage, leading the way to shine", the festival will feature a grand opening ceremony, DJ performances, and a high-altitude fireworks display.

At the MoU signing ceremony between UTS and PTIT in 2023. (Photo: VNA)

Vietnam, Australia unite to launch strategic tech centre

The centre, to be based at the prestigious Posts and Telecommunications Institute of Technology (PTIT) in Hanoi, will serve as a cutting-edge research hub, fostering collaboration between the two nations in strategic technologies and cybersecurity, including 5G and emerging 6G technologies.