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Vietnam’s technology pioneers
16/07/2012
When Le Hong Minh quit a blossoming career in finance in 2005 to pursue his passion for computer games, he had no vision of what would happen next. The 35-year-old, who studied business and finance at Monash University in Australia having grown up in Vietnam, had spent the previous four years working for PwC, the professional services firm, and VinaCapital, a Vietnam-focused fund manager. But founding Vinagame, an online gaming company, was the start of what he calls a “trial and error” process. “I’m a risk-taker,” he says, leaning back on a sofa in his Silicon Valley-style open-plan office on the outskirts of Ho Chi Minh City, Vietnam’s commercial capital. “You say: ‘Let’s just do this.’ You don’t think about the consequences.”
Seven years later, the risk appears to have paid off. Having launched Vinagame at a time when there was barely any online business in Vietnam and almost no one with any experience of programming games, he has capitalised on the rapid spread of the internet to build the company.
Vinagame’s multiplayer internet-based games such as Swordsman Online, which was licensed from a Chinese software company, proved popular with Vietnamese teenagers and the company branched out, developing social networking, news and music websites, and rebranding as VNG Corporation...
Seven years later, the risk appears to have paid off. Having launched Vinagame at a time when there was barely any online business in Vietnam and almost no one with any experience of programming games, he has capitalised on the rapid spread of the internet to build the company.
Vinagame’s multiplayer internet-based games such as Swordsman Online, which was licensed from a Chinese software company, proved popular with Vietnamese teenagers and the company branched out, developing social networking, news and music websites, and rebranding as VNG Corporation...
By Ben Bland
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