Indonesian game developer Anantarupa partners with VTC Intecom to expand into Vietnamese market.
On February 22, Anantarupa signed a cooperation agreement with VTC Technology and Digital Content (VTC Intecom) at the Indonesian Embassy in Vietnam for the development of online games in the Vietnamese market.
Anantarupa is a game development company established in 2011, and after 8 years of providing services for conventional games, Anantarupa has developed their own product, Lokapala, a MOBA (multiplayer online battle arena) game.
In 2022, Anantarupa received a seed funding of USD 3 million, led by Oriza Greenwillow technology fund from Singapore, which was used to accelerate Lokapala’s penetration process into the region.
Ivan Chen, Founder & CEO of Anantarupa, stated that Vietnam is a very promising market for online games with a young population and the highest proportion of game players in Southeast Asia. “In addition, we have many partners and supportive units in Vietnam, which will make it more convenient to access the market,” said Ivan Chen.
Vietnam’s game market is fast-growing, with a higher growth rate than the world average, according to Mr. Tran Phuong Huy, CEO of VTC Intecom.
VTC Intecom is a subsidiary of Vietnam Multimedia Corporation (VTC), established in January 2006, and the company’s main business is distributing and publishing online entertainment games for mobile devices and computers.
Through cooperation with Anantarupa, VTC Intecom hopes to open up deeper cooperation opportunities between Vietnamese and Indonesian businesses, as well as between Vietnam and other countries in the region, to explore the potential game market.
Mr. Denny Abdi, the Ambassador of Indonesia to Vietnam, believes that the online gaming industry is highly potential. “The Indonesian government strongly supports the development of the gaming industry, and Southeast Asia is one of the first markets that the Indonesian gaming industry targets,” said the ambassador.
Therefore, Indonesia is very interested in cooperating with Vietnam to promote the gaming industry, develop the economy, and connect cultures.
The cooperation between Anantarupa and VTC Intecom is expected to bring benefits to both countries by promoting the gaming industry, developing the economy, and connecting cultures. The game industry is a potential industry with huge revenue, and the partnership between the two companies will help in exploring the untapped potential of the Vietnamese market.
Source: Mekong ASEAN
Over 57,000 ransomware attacks hit Vietnam in 2022
Vietnam suffered 57,389 ransomware attacks in 2022, the third-highest in Southeast Asia following Indonesia and Thailand.
The region recorded a total of 340,904 ransomware attacks targeting businesses last year, General Manager of Kaspersky for Southeast Asia Yeo Siang Tiong told a press briefing in Ho Chi Minh City on March 14.
Ransomware is a type of malware that locks a computer and mobile device or encrypts electronic files. To obtain the “decryption” key or retrieve data, a ransom is sought by the cybercriminals behind the attack.
Digital kidnappers are targeting enterprises in Southeast Asia, Mr. Yeo said, and the trend is forecast to continue increasing this year and see more complicated attacks.
Medigo’s app makes prescription deliveries available 24/7 in Vietnam
Now Ho Chi Minh City-based Medigo is planning to grow its telehealth ecosystem with $2 million in new funding by East Ventures, with participation from Pavilion Capital and Touchstone Partners.
The new capital will allow Medigo to expand its remote doctor consultations, medicine delivery services and home testing services, including blood tests, urine tests and pregnancy tests.
Medigo’s app connects users to nearby licenses pharmacies and delivers medicine within 20 minutes. It currently has 1,000 pharmacy partners in Hanoi, Da Nang and Ho Chi Minh City, Vietnam’s three biggest cities, and will began expanding to Tier 2 cities, like Binh Duong, Vung Tau and Hai Phong, this year.
The startup’s CEO and co-fouder Ha Le began working on the app after he had trouble finding fever reducers for his daughter in the middle of the night. “When I was in university as a software engineer, I never thought that working in the healthcare space would be the center of my daily life, but now, it is my life’s mission,” he told TechCrunch.
Medigo has plenty of competitors, including Doctor Anywhere, Jio Health, Edoctor, Long Chau, Pharmacity and Rightnow. Le said Medigo differentiates by working with pharmacies that are open around the clock so it is able to operate 24/7 consistently. It also plans to connect different providers, so users can have more choices on the same platform.
In a statement about the investment, East Ventures managing partner Koh Wai Kit said, “Digital technologies can improve the accessibility and affordability of good quality healthcare. We are excited by Medigo’s mission to revolutionize pharmacies and healthcare services in Vietnam.”
Revenue from cybersecurity sector up 33% in Q1
The Ministry of Information and Communications (MIC) recently reported positive results for the cybersecurity sector in the first quarter of 2023.
Specifically, the sector posted revenue of 252.8 billion VND (10.6 million USD) during the period, an increase of 33.5% year-on-year, resulting in a growth of 33.1% to 20.22 billion VND.
It contributed 21.8 billion VND to the State budget, up 50.6% over the same period last year.
According to the ministry, there are 103 cybersecurity enterprises operating in the industry during the period, a rise of 12% on-year, creating 3,492 jobs, up 10.6%. And the rate of domestic to foreign earnings reduced by 10.1% to 45.1%.
By the end of February, the total number of issued public digital certificates jumped 23.18% to nearly 5.87 million. Of which, the active ones rose 17.89% to approximately 1.9 million in February alone.
Its digital certificate status maintaining fees contributed an accumulated value of 10.79 billion VND to the State budget since the beginning of the year.
In the second quarter of 2023, MIC plans to create strategies to fulfil information security platforms for users both in Vietnam and foreign countries.
It also cooperates with the Committee on Science, Technology and Environment to complete the Law on Electronic Transactions and implement other tasks according to the guidance document No 652 in 2023.
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