Vietnam’s online game market still has not seen a breakthrough policy that would allow it to develop well, even though it began developing more than 15 years ago. In late 2004, Asiasoft released the first copyrighted online game in Vietnam, marking an unprecedented boom for online gaming in Vietnam. Since that time, Vietnam’s online game market has been flooded with products of foreign origin. There was a time when online games flourished in Vietnam with millions of subscribers and hundreds of thousands of concurrent users (CCU) with dozens of servers operating at full capacity for just one game. But the online game industry in Vietnam has yet to make a breakthrough and increasingly depends on cooperation with foreign partners, resulting in unpredictable consequences. In the early days, the online game business was a fairly new model in Vietnam. Game service providers were confused about how to collect money from players until the free-to-play model was clearly formed. Game publishers began seeing the potential of an undiscovered entertainment market and massively imported foreign games for domestic release. At that time, the shorter the release and the shorter the payback time, the faster the game and the market share expanded. Subtracting expenses… Read full this story
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