icon fb blueicon linkedin blueicon call blueicon youtube blue

How to Start a Gaming Company in Vietnam: A 6-Step Guideline

Long Nguyen
Project Manager & Legal Counsel, Viettonkin Joint Stock Company
With over a decade of experience managing investment projects in construction and extensive legal expertise, Nguyễn Hoàng Long leads business planning, sales, and client relations at Viettonkin. As both Project Manager and in-house Lawyer, he ensures strategic, compliant, and client-focused solutions for FDI projects.
With over a decade of experience managing investment projects in construction and extensive legal expertise, Nguyễn Hoàng Long leads business planning, sales, and client relations at Viettonkin. As both Project Manager and in-house Lawyer, he ensures strategic, compliant, and client-focused solutions for FDI projects.
Start a gaming company

Amidst the ongoing boom in information technology and the digital economy, technology-related investments have become increasingly popular among savvy investors. Within this landscape of enticing opportunities, the realm of electronic games, especially online games, stands out as an incredibly appealing segment that captures significant attention. However, despite its potential for great success, establishing an online game company in Vietnam presents its own unique challenges. The conditions and procedures involved in this process can be complex, leaving many investors bewildered and unprepared to navigate the regulatory landscape. As a result, improper implementation of the law becomes a common stumbling block for aspiring entrepreneurs in this field. 

Viettonkin Consulting
A 6-step guideline to start a gaming company in Vietnam

Step 1: Conduct Market Research

After deciding what type of game you want to create in your gaming company, it is paramount to research the market well in order to get an idea of what you are venturing into. For instance, answering questions like – How big is the market? What is the growth potential? What are the risks and dangers involved? – can help you target your efforts concretely. In addition, it is also important to gather data on how the market functions and the mindset of your potential customers. Conduct surveys, understand the existing gaps in the market, and then work on bridging them.

Step 2: Develop a Business Plan

With the aim to launch a successful video game company and generate a substantial income from it, there are several key factors to consider before diving in. Take into account crucial aspects such as budgeting, determining the game's price, defining business models and legal structures, strategizing recruitment approaches for hiring talented employees, and more. It is essential to devote ample time to the planning phase since it’ll help to avoid challenges and setbacks later during the execution of the business venture. By doing so, investors can prepare for a smoother and more successful journey in the gaming industry.

Step 3: Legal and Regulatory Considerations

Before starting a gaming business, it is crucial to thoroughly familiarize yourself with the legal framework in Vietnam. Investors should pay close attention to compliance requirements and policy instructions to ensure they adhere to all regulations.

Viettonkin Consulting
Legal and regulatory considerations for set up a gaming company in Vietnam

Regulations on the incorporation of FDI companies in the gaming sector

(1) Compliance with market opening commitments

According to the Schedule of Specific Commitments in Services of Vietnam’s commitments to the World Trade Organization (WTO), foreign investors are only able to register and provide game online services under the sector: “Electronic games business” (CPC 964) through business cooperation contract or joint-venture with Vietnamese partners who are specifically authorized to provide these services. The maximum foreign capital contribution allowed in joint ventures is only 49% of the legal capital. 

(2) Licenses for Investment and Company Establishment

To establish a foreign-owned game company in Vietnam, foreign investors must apply for the Investment Registration Certificate (IRC) and the Enterprise Registration Certificate (ERC). In the gaming sector, they are required to form joint ventures with Vietnamese partners who hold the necessary authorization for providing gaming services. The foreign capital contribution of foreign investors in these joint ventures is limited to 49% of the legal capital.

Sub- License

Trading in electronic games is a conditional business line according to the provisions of the Investment Law 2020, the established company needs to satisfy some conditions and be granted a license to operate in this field in Vietnam. Further details regarding these conditions will be discussed in the following section. 

Regulations on Online Gaming Industry in Vietnam

(1) Rating classification age of video game

In Vietnam, video games are subject to age-rating classifications based on specific regulations outlined in Decree No. 27/2018/ND-CP. The age groups are divided into three main categories: adults (18+), teenagers (12+), and everyone (00+). Each age group has specific guidelines governing the suitable content in terms of images, sounds, and actions. For instance, adult-rated games can feature armed combat but must exclude pornography in any form.

(2) Specialized Licenses relating to game online service

Depending on the nature of the online game services, providers must obtain specific licenses. For video games that have interaction among multiple players via the game server (G1 games), companies must obtain the license to provide G1 gaming services issued by the Ministry of Information and Communications with a validity period depending on the request of the companies and shall not exceed 10 years. In addition, for games that are identified as G2, G3, and G4 games a certificate of registration of game service provision is required, and at least 30 working days before officially providing, enterprises must send a Notice of provision of online game services for each game that will be provided to the Ministry of Information and Communications.

(3) Other regulatory requirements

In addition to the aforementioned regulations, there are several other requirements that businesses providing video game services in Vietnam must comply with.

Firstly, the enterprise must be established in accordance with Vietnamese law and have registered for the provision of online game services (G1, G2, G3, G4). It is important for the company to have a registered domain name and sufficient financial and technical capacity as well as measures for ensuring information safety and security. 

Secondly, when establishing an enterprise, there must always be at least one legal representative residing in Vietnam, who can be either Vietnamese or a foreigner with a valid working permit. 

Furthermore, the technical aspects of video game services must prioritize the safety, information security, and personal information confidentiality of players. Regarding transactions within video games, there are no specific controls on the amount of money that can be loaded into the game or specific timelines for transactions. However, failure to comply with the regulations may result in the suspension of the license.

Step 4: Financing gaming company

Financing is a critical aspect of starting any business. In Vietnam, there are various financing options available for gaming startups. Explore government grants, venture capital firms, and crowdfunding platforms. Prepare a compelling pitch that showcases the potential of your gaming company to attract investors. Consider building relationships with local investors and gaming industry networks to increase your chances of securing funding.

Step 5: Setting up operations

Establishing and running a successful gaming company necessitates meticulous planning and precise execution. Begin by registering your company in Vietnam, companies must ensure compliance with all the necessary legal procedures and requirements. Next, carefully consider the ideal office space for your operations. Factors such as location, accessibility, and cost should be taken into account as choosing a strategic location will not only facilitate collaboration and networking opportunities but also enhance your company's visibility and accessibility to potential clients and partners. 

Step 6: Marketing and Launching the Gaming Company

In the modern business landscape, the role of marketing and social media in launching a successful venture cannot be underestimated. They are instrumental in propelling your business off the ground and capturing your initial customer base, whether it be a hundred, a thousand, or even tens of thousands of customers. According to marketing metrics, establishing strong customer relationships is immensely rewarding. By employing a data-driven approach to user retention, you can experience significant growth in revenue metrics. Also, it is crucial to consistently monitor your growth metrics to gain insights into customer responses to your array of games. Regularly tracking these metrics will enable you to understand customer preferences and make informed adjustments to optimize your offerings.

The Bottom Line

Embarking on the journey of starting a gaming company in Vietnam requires meticulous planning, market understanding, and adherence to regulatory frameworks. This six-step guide has provided you with a roadmap to navigate the intricacies of establishing your business successfully. From conducting comprehensive market research to grasping the legal landscape and obtaining the necessary licenses, each stage is vital for your company's foundation. However, in an industry as dynamic and competitive as gaming, gaining a competitive edge and maximizing your chances of success demands more than just following a guide.

That's where Viettonkin's consulting services come into play. Our team of seasoned experts possesses a deep understanding of the Vietnamese gaming industry, market trends, and regulatory intricacies. With our guidance, you can unlock insightful strategies tailored to your unique business goals. We offer comprehensive support, from market entry analysis to strategic planning, financial feasibility assessments, and beyond. Partnering with Viettonkin ensures that your investment in the Vietnamese gaming market is not only compliant but also strategically sound.

Take the leap and reach out to Viettonkin today to embark on your journey toward a thriving gaming company in Vietnam. Let us be your trusted partner, empowering you to make informed decisions and unlock the full potential of this vibrant and promising market. Your success awaits with Viettonkin, your catalyst for achieving greatness in the gaming industry.

Found This Insight Valuable?
Need expert guidance on ASEAN market entry?
Schedule a Consultation
About the Author
Long Nguyen
Project Manager & Legal Counsel, Viettonkin Joint Stock Company
Nguyễn Hoàng Long is a Project Manager and Legal Counsel at Viettonkin Joint Stock Company, bringing more than 10 years of hands-on experience in managing large-scale investment projects, particularly in the construction sector. His expertise spans both business and legal dimensions, with over 5 years specializing in legal affairs for Foreign Direct Investment (FDI) projects. Long is responsible for business planning, sales, marketing, and consulting, working closely with the CEO to drive the company's strategic growth and client service excellence. In his dual role, Long leads client relations and account management, overseeing project delivery, client status monitoring, and effective debt collection processes. He is performance-driven, implementing robust reporting systems and tracking team performance to achieve business objectives. As Viettonkin’s in-house legal counsel, Long also provides crucial legal guidance, ensuring that all projects comply with Vietnamese regulations and international best practices. His well-rounded experience, leadership, and commitment to transparency guarantee that clients receive strategic, reliable, and comprehensive support throughout every stage of their project.

Related Insights

Starting a Business in Thailand as a Foreigner Made Simple and Strategic

Ever wondered how Southeast Asia’s markets can supercharge your business? With over two decades advising FDI in Asia, I’ve seen that a legally sound setup in Thailand transforms potential roadblocks into competitive advantages. Today let’s talk about Thailand, a market which offers major growth opportunities for foreign entrepreneurs, but whose success hinges on choosing the […]
Read Article →

How to incorporate a company in Malaysia in 2022

There are the 5 main types of business entities available in Malaysia. · Sole Proprietorship· Partnership· Sendirian Berhad (Sdn Bhd): Private limited company limited by shares· Berhad (Bhd): Unlisted Public Company Listed Public Company Company Limited by Guarantee · Limited Liability Partnership (LLP): Mix of traditional partnership and Sdn Bhd company During the progress, simple […]
Read Article →

How to start an air transport business in Vietnam?

Vietnam’s aviation market has seen a robust development in the recent decade. This development can be attributed to Vietnam’s strong economic growth, a growing tourism industry and an increasing middle class population. Additionally, low-cost airlines have emerged in recent years to make air travel more affordable.  Due to the quick recovery after the pandemic, this […]
Read Article →

How to setting up a Trading Company in Vietnam

Vietnam joined RCEP after a wave of investment into the distribution sector and export, trading companies in Vietnam maps at AC. After the agreement is signed, electronics, retail, agriculture and fisheries will be very attractive for foreign retailers. For a foreign company that is interested in expanding the business in a new country or region, […]
Read Article →
Entering Vietnam's Banking Market: Get Your Essential 2025 eBook 

Vietnam's dynamic banking sector is a top destination for foreign investment. To succeed, you need a deep understanding of the local landscape, from new regulations to market entry models.

Our eBook, "ESTABLISHING FOREIGN BANK PRESENCE IN VIETNAM" gives you the crucial insights you need, including:

  • 2024–2025 Sector Overview: Key economic and banking industry analysis.
  • Step-by-Step Entry Guidance: A deep dive into all primary market entry modes.
  • The Latest Legal Updates: Critical regulatory changes taking effect in 2025.
  • Smart Investment Strategies: Insights on M&A, strategic equity, and Fintech.

Download now for the expert knowledge to invest with confidence.

Entering Vietnam's Banking Market: Get Your Essential 2025 eBook 

Vietnam's dynamic banking sector is a top destination for foreign investment. To succeed, you need a deep understanding of the local landscape, from new regulations to market entry models.

Our eBook, "ESTABLISHING FOREIGN BANK PRESENCE IN VIETNAM" gives you the crucial insights you need, including:

  • 2024–2025 Sector Overview: Key economic and banking industry analysis.
  • Step-by-Step Entry Guidance: A deep dive into all primary market entry modes.
  • The Latest Legal Updates: Critical regulatory changes taking effect in 2025.
  • Smart Investment Strategies: Insights on M&A, strategic equity, and Fintech.

Download now for the expert knowledge to invest with confidence.

Download E-Book

About Us

Founded in 2009, Viettonkin Consulting is a multi-disciplinary group of consulting firms headquartered in Hanoi, Vietnam with offices in Ho Chi Minh City, Jakarta, Bangkok, Singapore, and Hong Kong and a strong presence through strategic alliances throughout Southeast Asia. Our firm’s guiding mission is aimed towards facilitating intra-ASEAN investments and connecting investors in Southeast Asia with the rest of the world, thus promoting international business relationships and strengthening inter-nation connections.
Contact
Email: 
info@viettonkin.com.vn
Phone Number: 
+84 977093166
Support
FAQ
Subscribe to our insights to look at the critical issue that your business is facing and stay ahead of the competition in a rapidly changing world.
Subscription Form
img linkedin
Viettonkin Consulting Logo © 2025 - Viettonkin JSC

Anything we can help with?

arrow-up