What VC Corp does

VCCorp (Công ty Cổ phần VCCorp, also known as Vietnam Communications Corporation) is a privately held, Hanoi-headquartered digital conglomerate founded in 2006 that operates one of Vietnam's largest domestic internet ecosystems. The group is organized into six operating divisions spanning online advertising (Admicro, which delivers ads across 200+ websites reaching 50M+ readers, or roughly 90% of Vietnam's internet users), digital content publishing (ChannelVN and a portfolio of news portals including Kenh14, CafeF, CafeBiz, GenK, GameK, Afamily, AutoPro, and Soha News), mobile and online gaming (SohaGame, Vietnam's #1 mobile game publisher, supported by the eWingstudio development studio), cloud and enterprise technology infrastructure (VCCloud and Bizfly Cloud, providing private/public cloud, CDN, and DDoS protection), social networking (Lotus, SoLo, VietID identity), and e-commerce (Zamba, operating Muachung, Enbac, Rongbay, Muare, SohaPay). The company employs more than 2,000 staff across Hanoi, Ho Chi Minh City, Da Nang, Nha Trang, Hai Phong, Vung Tau, and Can Tho.

Revenue is generated through five primary streams: programmatic and display advertising via the Admicro network, advertising-led monetization of owned content portals, in-game and licensing transactions through SohaGame, recurring subscription and enterprise contracts for cloud/AI/digital-transformation services, and marketplace commissions on group e-commerce properties. The go-to-market motion combines direct enterprise field sales for cloud and government-facing digital transformation projects (most recently the A80 national digital platform for Vietnam's 80th National Day) with consumer reach through owned media and app stores. VCCorp's Chairman Vương Vũ Thắng also sits on the Board of the National Cybersecurity Association, giving the group institutional positioning in Vietnam's regulated digital infrastructure market.

Name

VC Corp

Legal name

Công ty Cổ phần VCCorp

Website

https://vccorp.vn

Company type

Private

Founded year

2006

Operating status

Operating

Headcount range

501–1,000 employees

Short description

VCCorp is a Vietnam-headquartered private digital conglomerate founded in 2006 that operates one of the country's largest domestic internet ecosystems — spanning advertising (Admicro), news portals, mobile gaming (SohaGame), cloud/AI infrastructure (VCCloud/Bizfly), social networking (Lotus), and e-commerce — serving Vietnamese consumers, enterprise customers, and government institutions.

Ownership category

akta.pro rank

Product category

Internet and Digital Content Services

NAICS

Media Streaming Distribution Services, Social Networks, and Other Media Networks and Content Providers (516210), Media Buying Agencies (54183), Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (5182)

SIC

Services-Advertising (7310), Services-Computer Integrated Systems Design (7373)

akta.pro primary industry

Web Content Management (WCM) & Experience Platforms (Content Services) (HDAEAGAK)

akta.pro secondary industries

Billing, Subscription & Entitlement Management (IAP orchestration) (MPAFAJAC), B2B SaaS & Enterprise Personalization (CRM, Sales, Support) (HDAAAGAJ)

Keywords

• Online advertising network
• Cloud infrastructure services
• Digital news publishing
• Mobile game publishing
• E-commerce marketplace

Headquarters

HQ city

Hanoi

HQ country

Vietnam

HQ region

Asia

Offices9 records

Markets served

GTM type

B2B and B2C

Offering type

Digital Commerce or Content

Cost components

Personnel, Technology or R&D, Infrastructure, Operations, Marketing or Sales, Others

Revenue model

1. Online Advertising (Admicro): Vietnam's largest online advertising network monetization through display ads, programmatic advertising, and inventory management across 200+ websites including company-owned properties.
2. Digital Content Platforms: Revenue from news portals (Kenh14, CafeF, GenK, Afamily, Soha News), content creation, and media services reaching millions of Vietnamese internet users.
3. Online Gaming (SohaGame): Mobile and online game publishing, game licensing, and in-game monetization through SohaGame platform, Vietnam's #1 mobile game publisher.
4. Cloud & Digital Infrastructure (VCCloud, Bizfly): Cloud server, CDN, cybersecurity services, and digital transformation solutions sold to enterprise and government customers.
5. E-commerce Platforms: E-commerce marketplace operations including Muachung.vn, Enbac.com, Rongbay.com, Muare.vn, SohaPay payment gateway.

Go-to-market motion3 records

Distribution channels7 records

Marketing channels5 records

Core offering

VCCorp operates Vietnam's largest digital ecosystem, monetizing consumer reach through the Admicro online advertising network, self-developed cloud infrastructure (VCCloud, Bizfly Cloud), a portfolio of Vietnamese news and lifestyle portals (Kenh14, CafeF, GenK, Afamily, Soha News), Vietnam's #1 mobile game publishing platform (SohaGame), the Lotus social network, and the Zamba e-commerce division. It also delivers AI-driven, big-data-powered digital transformation solutions to thousands of enterprise and government customers, including national digital platforms such as A80.

Product overview

VCCorp operates a broad Internet and digital ecosystem organized into multiple divisions: an advertising network led by Admicro (Vietnam's largest online ad network reaching 90% of internet users); a content publishing division operating news portals such as CafeF, CafeBiz, Kenh14, Afamily, GameK, GenK, Soha News, and AutoPro; a cloud and technology infrastructure division (VCCloud/Bizfly Cloud) providing private cloud, public cloud servers, and CDN with DDoS protection; a mobile gaming division (SohaGame, eWingstudio, PIKACHU) as Vietnam's #1 mobile game publisher; a social media platform (Lotus, SoLo); an e-commerce division (Zamba) managing Muachung, Enbac, Rongbay, Muare, SohaPay, and Eat.vn; and a digital services division providing AI-powered solutions. Products are interconnected through VCCorp's proprietary technology infrastructure and shared identity platform (VietID), enabling cross-product data synergies and unified user experiences. The A80 Digital Platform represents a significant government-facing digital transformation project. VCCorp's AI capabilities center on natural language processing, knowledge retrieval from large-scale data (50M+ users, billions of records/day), and anomaly detection for cybersecurity applications.

Differentiator

Problem solved

Functional benefit

Brands

• Admicro: Vietnam's largest online advertising network managing ad inventory across 200+ websites with coverage of over 50 million readers (90% of Internet users in Vietnam).
• SohaGame
• VCCloud
• Bizfly
• Lotus
• Kenh14
• CafeF
• Afamily
• GenK
• GameK
• Soha News
• Linkhay
• SoLo
• VietID
• AutoPro
• CafeBiz
• A80 - Tự Hào Việt Nam
• Athena CM Agency
• APNA
• PIKACHU

Products and services

• Admicro Vietnam's largest online advertising network under VCCorp, spanning 200+ trusted websites and reaching 50+ million readers (90% of Vietnam's internet and mobile users). Admicro monetizes display ads, programmatic advertising, brand campaigns and ad inventory management for brand advertisers and agencies across Vietnam.
• SohaGame Mobile and online game publishing platform under VCCorp, ranked #1 in Vietnam's mobile gaming market and #2 overall in the country. SohaGame publishes titles including iGa, Tinh Kiếm, Thủy Hử 3D, Ngộ Không 3D, Độc Cô Cửu Kiếm and Tam Quốc Soha.
• Bizfly Cloud Cloud infrastructure brand under VCCorp offering private cloud, public cloud servers, and CDN services with DDoS protection for enterprise customers in Vietnam.
• VCCloud Core technology division of VCCorp responsible for researching, developing and operating all technology infrastructure including private cloud (built 2012), public cloud server services (launched 2014), and CDN with DDoS protection for businesses.
• Lotus Vietnamese social networking platform developed by VCCorp, operating in the domestic social networking space.
• Kênh14 (Kenh14) One of Vietnam's most-read youth and entertainment news portals, operated under VCCorp's content division and monetized via advertising.
• CafeF Vietnamese financial and business news portal providing stock market, business and economic information, operated under VCCorp's content division.
• Soha News (Soha.vn) General news portal covering current events, technology, entertainment and lifestyle content in Vietnam under VCCorp.
• GenK Vietnamese technology news portal focused on consumer tech, gadgets, and the technology industry, operated under VCCorp's content division.
• VietID Identity management and single sign-on platform developed by VCCorp that enables user authentication across VCCorp's ecosystem of products.
• A80 - Tự Hào Việt Nam Digital Platform National digital platform providing real-time event information, AI-powered chatbot, interactive maps, image/video library, and personalized avatar creation for citizens during Vietnam's 80th National Day celebration.
• Bizfly Martech Marketing technology brand under VCCorp providing marketing automation and analytics solutions for businesses.
• Zamba E-commerce Platforms (Muachung, Enbac, Rongbay) E-commerce division of VCCorp managing online marketplace platforms including Muachung.vn, Enbac.com, Rongbay.com, Muare.vn, SohaPay.com, Eat.vn, Nemo and Rento, connecting third-party sellers with Vietnamese consumers.

Quantifiable outcome

• 90%+ internet user coverage in Vietnam
• +6 more outcomes

Named customers4 records

Segments5 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability5 records

Feature5 records

Partnerships

Three partnerships are on record, tiered strategic and core.

• Singapore Technology Partner (Singapore Entity)strategicStrategic or Co-development Partner · 30 May 2026VCCorp signed MOU with Singapore partner for joint research and development of AI products and applications. Partnership formalized during Vietnam-Singapore Technology Connection Forum attended by Vietnamese General Secretary Tô Lâm, as part of one of 25 agreements signed between the two countries. Focus on AI technology development and commercialization leveraging Singapore's innovation network.
• Vietnamese Government (Various Ministries)coreStrategic or Co-development PartnerVCCorp collaborates with Vietnamese government agencies including Ministry of Public Security (anti-fraud workshops), Ministry of Culture and Sports (A80 national platform), and participates in state-level innovation forums with India and Singapore. The company serves as diamond sponsor for government cybersecurity initiatives.
• Ministry of Public Security (Bộ Công an)coreStrategic or Co-development PartnerVCCorp co-organized large-scale workshop on fraud prevention in cyberspace with Vietnam's Ministry of Public Security, serving as Diamond Sponsor. Contribution included personnel, technology resources, and creative support for national cybersecurity awareness initiatives.

Scale indicators10 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• VNG Corporation: Vietnam's leading private tech company operating Zalo (dominant messaging/social app), Zing (digital music/games), and Payoo (payments). Directly comparable to VCCorp as a Vietnamese multi-vertical digital ecosystem with overlapping gaming, content, and platform plays competing for the same Vietnamese consumer.
• FPT Corporation: Vietnam's largest listed technology group with cloud, IT services, telecom, and education divisions. Directly comparable to VCCorp's VCCloud/Bizfly cloud and enterprise digital transformation segments, and to its broader Vietnamese tech conglomerate profile.
• CMC Corporation: Vietnamese IT conglomerate spanning cloud, cybersecurity, telecom, and BPO services. Comparable to VCCorp's cloud and enterprise digital transformation offerings targeting Vietnamese enterprise and government customers.
• Yeah1 Group: Vietnamese media group operating digital content, multi-channel networks, and publishing businesses. Comparable to VCCorp's content publishing division (Kenh14, CafeF, GenK) and online advertising play.

Broad incumbents

• Viettel Group: Vietnamese state-owned telecom and technology conglomerate offering cloud, digital services, cybersecurity, and content. Comparable as a much larger incumbent competing with VCCorp's enterprise cloud and government digital transformation business.
• Sea Limited: NYSE-listed Southeast Asian internet platform with Shopee (e-commerce), Garena (gaming), and SeaMoney (fintech). Comparable as a regional digital ecosystem player; Sea's Garena is a direct competitor in mobile gaming and Shopee competes with Zamba in Vietnam.
• GoTo Group: Indonesian internet conglomerate spanning on-demand services, e-commerce, and fintech. Comparable as a Southeast Asian multi-vertical digital platform, though operating in a different primary geography.
• Dentsu: Global advertising services group operating across creative, media, and digital. Comparable as a broad incumbent in the advertising services space that VCCorp's Admicro and Athena CM Agency compete against for Vietnamese brand budgets.

Regional players

• InMobi: India-headquartered mobile advertising and marketing platform with strong presence across Southeast Asia. Comparable to VCCorp's Admicro as a regional ad-tech network, though serving different geographies and primarily digital-only inventory.
• VNPT (Vietnam Posts and Telecommunications Group): Vietnamese state-owned telecom and digital services provider offering cloud, data centers, and IT services. Comparable to VCCorp's VCCloud/Bizfly enterprise cloud and government-facing digital services within the Vietnamese market.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat6 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/vccorpcorporation

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Subsidiaries11 records

Funding overview

Funding rounds2 records

Investors2 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments1 record

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about VC Corp