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Local game developers eye great opportunities at home

The bustling game market in Vietnam is offering numerous opportunities for developers, according to experts.
Local game developers eye great opportunities at home ảnh 1Illustrative image (Photo: vietnamnet)
Hanoi (VNA) – The bustling game market in Vietnam is offering numerous opportunitiesfor developers, according to experts.

Le Quang Tu Do,Director of the Authority of Broadcasting, Television and ElectronicInformation under the Ministry of Information and Communications (MIC), citeddata from App Annie 2020 showing that Vietnam ranked seventh in the world andsecond in Southeast Asia in the number of game downloads.

Meanwhile, the country also ranked third in the top 10 game application manufacturers in theregion. For every 25 games downloaded, there is one produced in Vietnamesestudios. According to the statistics of Sensor Tower and the Vietnam GameStudio Club, there are currently about 5,000 games produced by Vietnamesepeople, mostly for children, entertainment, and education.

Do said that the wageof each game developer in Vietnam is about 187 million VND (7,975 USD) per year, while that of each artist is abour 389 millionVND (16,590 USD) annually, which is higher than the average income ofVietnamese people.

Currently, many trainingestablishments have provided intense training programmes in game-related areas,meeting the demand for human resources of the domestic game market.

A report from domesticgame enterprises showed that revenue of the sector reached over 7 trillion VND (298.47 million USD) in2021, which was estimated at over 10 trillion VND in 2022.

According to experts, in2021, Vietnam surged as the “capital” of applying blockchain technology and non-fungibletokens (NFTs) with a series of games produced and published by Vietnamesepeople.

Pham Van Thanh, Directorof VTC Game, said that a young population with more than half under the age of25, coupled with the prevalence of the Internet and the high rate of mobiledevice usage, is an important advantage of Vietnam in making a breakthrough forthe game market.
Besides being apotential market in terms of revenue, Vietnam has for many years become areliable "outsource" destination of major game publishers in theworld.

According to Do, MIC is building a strategy for game development in the 2022-2027 period with anaim to design policies to protect and promote game manufacturing in Vietnam,reducing its dependence on foreign-published games and increasing the income ofdomestic firms, while preventing violations in the field.

At the same time, thesector will pay greater attention to human resources for game sector and builda network of global data centres to serve developers and publishers in theVietnamese market.

Do advised local gameproduction and publishers to coordinate with one another for long-term andsustainable development, while expanding their market and exporting their products topromote the culture and image of Vietnam./.
VNA

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