Update news online games
Vietnamese game firms have called on the Ministry of Finance (MOF) to rethink the intention to impose luxury tax on games, saying that the tax will cause Vietnamese games to lose competitiveness and the home market controlled by pirated games.
The attractive incentives offered by Singapore and barriers in Vietnam have caused many Vietnamese firms to register their businesses in Singapore.
The shortage of coders, which is at a red alert stage, could hinder the development of Vietnamese game production firms.
Nguyen Thanh Trung, CEO of Axie Infinity, said some of Vietnam’s startups want to set up headquarters in Singapore instead of Vietnam because it’s easier to call for investment there.
Startup Sky Mavis with the game Axie Infinity has surprised the Vietnamese startup community when it reached a huge total market capitalization - US$2.4 billion - after three years since its release, a record time in the Asian technology world.
Six major companies have agreed to join the Alliance of Vietnamese Game Producers and Distributors, which is expected to be established in 2021.
The Cau Giay district taxation agency in Hanoi has reported that a 28-year old woman earned revenue of VND330 billion, or $14 million, in 2020 and paid personal income tax of VND23.4 billion.
Many industries have been promoted in the digital era and during the Covid-19 crisis. However, Vietnam’s game industry is still outside the game.
It is estimated that licensed games bring revenue of $325 million to game firms and distributors.
Preventing unlicensed games from crossing the border to Vietnamese gamers has been an ongoing headache for management agencies.
Esports has become a high-income sport for young people with passion and knowledge for online games.
A five-year-old – named as H. T. V. D. – was found dead with his wrists tied late Tuesday in central Nghe An Province’s Quynh Luu District.
Many general school students have turned the long days off into meaningful days by making useful things to fight against the epidemic.