HCMC – Zalo messaging and social media app and ZaloPay digital wallet and payment platform booked more than VND2.8 trillion in revenue last year, helping VNG Group JSC (UpCOM: VNZ) narrow its pre-tax loss to about VND121 billion.
According to its audited financial statements, Zalo posted about VND1.72 trillion in revenue, up 38% from 2024. Revenue from value-added services, including subscription features for premium users, contributed significantly.
ZaloPay reported VND1.11 trillion in revenue, rising 47% year-on-year. Total payment volume surged 76%, while active users grew 40%.
The two segments accounted for over one-fourth of VNG’s consolidated revenue, which reached VND10.89 trillion in 2025, up 17%. Revenue from overseas markets made up 22% of the total.
VNG disclosed detailed revenue figures for these segments for the first time alongside its audited annual report. The businesses are categorized under digital media and financial technology.
Profit contributions varied across segments. Online gaming remained the largest profit driver, generating nearly VND939 billion in segment profit.
The digital media segment moved into profit, while the fintech segment remained loss-making, reporting a loss of nearly VND490 billion. The loss narrowed compared with the previous year.
The company also reported changes in governance and senior management during the year, including adjustments to its board structure and consolidation of business units.
VNG recorded positive operating profit as revenue growth outpaced cost increases, contributing to a sharp reduction in overall losses from more than VND735 billion in 2024.
Closing the trading session today, April 1, VNZ increased 0.19% to VND315,500 per share.
The VN-Index added 28.44 points, or 1.7%, to close at 1,702.93, led by strong gains in Vingroup-family shares.
The Hochiminh Stock Exchange recorded 208 gainers and 103 decliners. Trading volume reached 943.3 million shares valued at VND29.25 trillion. Block deals accounted for 7.1 million shares worth VND116.5 billion.
Vingroup-family stocks drove up the index. VHM and VRE hit their ceiling prices, closing at VND110,200 and VND27,550. VIC rose 4.44% to VND141,000, while VPL edged up 0.6%. VIC, VHM and VRE together contributed nearly 17 points to the main index.
Banking shares also supported the market. BID gained 2.16% to VND40,250 and VCB picked up 1.55% to VND59,000. VIB, LPB and ACB increased by more than 1%. SHB fell 2.25% to VND15,200, while EIB edged lower. NAB and STB were unchanged.
In aviation, VJC hit its ceiling price at VND166,900, while HVN rose 5.16% to VND22,400.
Real estate stocks outside the Vingroup family made limited gains. NVT rose more than 4%, while NLG, HAR and VCG picked up over 2%. Others posted marginal increases.
Securities firms mostly advanced. VPX declined slightly and TVS was unchanged. ORS rose 5.7% to VND13,900, VCX gained 3.7% to VND35,000, and SSI and HCM increased by more than 3.5%.
On the Hanoi exchange, the HNX-Index edged up 0.48 point, or 0.19%, to 251.46, with 80 advancers and 82 decliners. Trading volume reached 98 million shares valued at VND1.99 trillion.
