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Startups

Gaming startup VNG aims to launch Vietnam's answer to ChatGPT

After delaying Nasdaq IPO, chat-to-fintech platform searches for new cash cow

VNG's campus in Ho Chi Minh City. A U.S. IPO by the messaging-to-cloud startup would test regulations in Vietnam, which strictly controls cross-border finances. (Photo by Lien Hoang)

HO CHI MINH CITY -- Vietnam's VNG plans to roll out a ChatGPT-like artificial intelligence service tailored for speakers of Vietnamese as the gaming company, which hopes to list in the U.S., searches for a new cash cow.

The tech unicorn, backed by Tencent and Alibaba's Ant Group, already has a chat app that is more popular in its home market than Facebook and recently expanded it with a translation function. VNG said it next will add a generative AI feature, which could allow users to do everything from writing emails to finding answers to queries.

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