Vietnam has surpassed China as the world’s fastest-online-game-growing area.




Last update: February 3, 2012 03:07

Vietnam has surpassed China as the world’s fastest-online-game-growing area.

 
By rpgresellerdotcom, Nov 12, 2008
 
After 20 years reform and opening up, Vietnam, closely following China, has now become the second most favorite investment destination of Taiwan enterprises. Due to Vietnam’s improving economy, MMO gaming population is undergoing an explosive growth.

A recent released report about Vietnam’s Online Games Market forecasts the number of MMO subscribers playing online games to exceed 10 millions by 2011, driven by rising incomes, increasing PC and Internet penetration rates, and a large youth population that are actively seeking out entertainment content. Approximately 50% of the total Vietnamese population is under the age of 25. This age range is known for as being tech savvy, making them high priority demographic for digital entertainment companies. There are approximately 21 million Internet users in Vietnam with an Internet penetration rate of 23.5%. The research also finds that many players were spending an average of 500,000 VND (31$) per month. These consumers are also driving the digital entertainment and online games market with virtual item purchases. The top online game in Vietnam has about 200,000 subscribers.

with more enthusiasm of the MMO, Vietnamese also started to gain more shares of the RMT market.

Journalist Sean reported from China

URL:
http://rpgreseller.com/buy-sell-warcraft-accounts-forum/viewtopic.php?t=3891



[Edited on 11/12/2008 by rpgresellerdotcom] 

  • submit to reddit

Other articles


By frank, Nov 16, 2011 - No comments yet
 
Recently had the pleasure to chat with Mick James, an active blogger with online RMT seller Epictoon. In the interview are a few questions related to Epictoon as a company, the RMT industry and their viewpoints on the current and future status of the industry.
 
Read more >>
By carebear, Nov 04, 2011 - No comments yet
 
Marcus 'MarkeeDragon' Eikenberry recently talked about the downfall of RMT. According to Marcus, there are two major players in the market that are now looking for a buyer for their business. Revenues are reported to have dropped by as much as 90%. This seems like quite a change from the RMT heydays two years ago. He mostly attributes this to very efficient measures being implemented by Blizzard against account and currency trading.
 
Read more >>
By rpgreseller.com, Feb 01, 2010 - No comments yet
 
This collection of YouTube videos is aimed at gold sellers who are trying to cut down on chargebacks. They provide quite an interesting insight into how sophisticated background checks can get when it comes to buying a hand, paw or hoof full of virtual credits.
 
Read more >>
By carebear, Sep 08, 2009 - No comments yet
 
In the past several online publications have used our data to create reports about developments in the RMT market, efficiency of anti-RMT measures and articles on individual players in the industry.
 
Read more >>
By carebear, Aug 21, 2009 - 1 comment
 
You can't play World of Warcraft (WoW) on your cell phone (or can you?), but now WoW gold farmers can send you a text on your cell phone as soon as your WoW gold order is ready to pick up! This is a great solution for the busy gamer who doesn't want to be hovering over his computer waiting for his WoW gold to be delivered.
 
Read more >>
By carebear, Jul 10, 2009 - No comments yet
 
Hell hath no fury like an MMO developer scorned. At least that's what one might say when looking at what happened to Eve Online ISK sellers at the end of June.
 
Read more >>
By carebear, Jun 17, 2009 - 1 comment
 
When my Google news alert popped up "Microsoft sues three for click-fraud" in connection with World of Warcraft currency sellers, I know that this was going to be interesting.
 
Read more >>
By carebear, Feb 02, 2009 - No comments yet
 
Looking to get your little gold farm out of obscurity? Could need some free advertising from reputable finance and gaming sites? Nothing easier than that. Just lie.
 
Read more >>
By rpgresellerdotcom, Nov 12, 2008 - No comments yet
 
After 20 years reform and opening up, Vietnam, closely following China, has now become the second most favorite investment destination of Taiwan enterprises. Due to Vietnam’s improving economy, MMO gaming population is undergoing an explosive growth.
 
Read more >>
By rpgresellerdotcom, Oct 29, 2008 - No comments yet
 
Many new employment opportunities appeared because of the development of Online Games.
 
Read more >>
By rpgresellerdotcom, Oct 29, 2008 - No comments yet
 
News source:
 
Read more >>
By rpgresellerdotcom, Oct 08, 2008 - 6 comments
 
We found this on a famous Chinese RMT information portal site. Warhammer Online has officially been released on 18th September. This Chinese website has already started their business of helping other RMT sites to do in-game advertisement. Here is the translation:
 
Read more >>
By rpgresellerdotcom, Oct 08, 2008 - No comments yet
 
We found this on a famous Chinese RMT information portal site. On the same day of Warhammer’s official release, thsale.com announced its Warhammer Gold Purchasing Plan on its Chinese site. Warhammer Gold is the virtual currencies of this hot MMO. Without a doubt, there will be a booming RMT market in yearly-most-awaited-online-game. And thsale.com just takes the first step to occupy the market. With the growing popularity of this game, more gold will be needed. We took a screenshot of thsale’s selling price and buying price. Let’s take a look at thsale’s and some other big player’s markup.
 
Read more >>
By carebear, Jul 24, 2008 - 2 comments
 
How much money is there really in gold-farming and who's actually making it? A lot of very general estimates have been floating around since the first time values were placed on the virtual currency market of Everquest. However, little information was available on the revenue of individual sellers.
 
Read more >>
By PJ, Nov 08, 2007 - 7 comments
 
IGE is one of the largest virtual currency and service providers for MMORPGs. Until 2006, the secondary market had been dominated by IGE - ever since they acquired MySuperSales back in January 2004. According to their website, the company is located in Hong Kong, but previous office locations include Spain, Switzerland, US, and China, making IGE a true global player.
 
Read more >>
By PJ, Oct 31, 2007 - No comments yet
 
This week, we have a short update on the current IGE class action case. The official website for the case reported a motion to stay was filed in order to put the trial on hold while it is resolving the dispute with Blizzard. IGE claims that it is bound by the TOU and EULA agreement with Blizzard. If selling gold for real money is breaking the terms in TOU and EULA then this has to be settled with Blizzard first. The arbitration will probably involve some compensation and will be dealt in privacy.
 
Read more >>
By PJ, Oct 25, 2007 - No comments yet
 
A self-introduction email of Jeff Lyndon in the VERN mailing circulation caught our eyes and we thought doing an interview with him would be interesting. So we catch up with Jeff to talk about what he thinks of the RMT industry.
 
Read more >>
By PJ, Oct 25, 2007 - No comments yet
 
Moving closer to the end of the year, we take a look at the economy and RMT aspects of the upcoming game, Hellgate: London.
 
Read more >>
By PJ, Oct 17, 2007 - 1 comment
 
Last week, Korea and China were apparently engaging in a Cyber War. Korea's RMT websites such as ItemBay, Item Mania and Item Play Forum were down for most of the time due to some Denial of Service attacks from China, PlayNoEvil had this covered.
 
Read more >>
By PJ, Oct 12, 2007 - 1 comment
 
RMT related links
 
Read more >>
By PJ, Oct 12, 2007 - No comments yet
 
This week we focus on three interesting virtual currency sellers. Two of them are from Canada, Mmorpg-shop and Igsky, number three, Guild4Power, operates from the US and China.
 
Read more >>
By PJ, Oct 03, 2007 - 1 comment
 
Following on news from last week, via Warcry, PlaySpan has officially agreed on an exclusive deal with K2 Network Inc. to facilitate an in-game marketplace for peer to peer transactions. This development will allow a new stream of revenue to be generated from transactions between players. K2 Network operates F2P
 
Read more >>
By PJ, Sep 26, 2007 - No comments yet
 
World of Warcraft sets another new height, a night elf rogue character was sold for 7,000 EUR or almost 10,000 dollars. Reported by BBC, the character called Zuezo, a level 70 Rogue fully equipped with items like the legendary twin Warglaives of Azzinoth and other rare BOP (Binds on Pickup) items. According to Wowinsider, the character was transferred and renamed, Shaks. What's more: The character has not been online since 3 September and is rumored to have been banned by Blizzard.
 
Read more >>
By PJ, Sep 12, 2007 - 4 comments
 
The Game Developers Conference in Austin had veteran game developers talking about the biggest online gaming opportunities. One major topic was the discussion of micro transaction model versus subscription base.
 
Read more >>
By PJ, Sep 05, 2007 - No comments yet
 
This week we have the latest topics on the RMT industry.
 
Read more >>
By PJ, Aug 29, 2007 - No comments yet
 
Via Mmosite, Square Enix made official announcements summing up the Special Task
 
Read more >>
By PJ, Aug 29, 2007 - No comments yet
 
Following last week's news on Guild Wars rumors by its ex-employee we got in touch with the author of the blog. Given the skeptical on other blogs and controversial issues we asked for further details on his personal report on the cooperation between gold farmers and ArenaNet.
 
Read more >>
By PJ, Aug 24, 2007 - No comments yet
 
This week we feature a detailed coverage of three companies which were bought by bigger sellers. Bigger RMT companies buying out small companies are common business practice but usually kept secret. Whether it's attempting to gain a higher market share, monopolize the market or using synergies while advertising the site - it rarely pleases the buyers.
 
Read more >>
By PJ, Aug 22, 2007 - No comments yet
 
Warcry had an interview with Jeffrey Steelfel from Turbine Inc. about the Lord of the Ring Online new content update, Book 10: The City of Kings. Apparently, he is not a big fan
 
Read more >>
By PJ, Aug 15, 2007 - No comments yet
 
This week, we start from an interesting comment from RCE universe in the Terranova thread on tax issue suggested some initiatives to regulate the virtual world.
 
Read more >>
By PJ, Aug 10, 2007 - No comments yet
 
This week's interview with the seller is the owner of MMOVP and also a blogger himself.
 
Read more >>
By PJ, Aug 08, 2007 - No comments yet
 
Following up with last week's news report and interview with game designers. Gamespot interviewed a veteran game designer and creator of Ultima series, Richard Garriott addressed the issue of gold farming in his new MMORPG, Tabula Rasa.
 
Read more >>
By PJ, Aug 06, 2007 - No comments yet
 
This week we have the privilege of David Grundy from Metasecurity- a Program Leader at Newcastle Business School in the UK. He will be sharing with us his insights in virtual goods from both academic point of view and as a gamer himself.
 
Read more >>
By PJ, Aug 01, 2007 - No comments yet
 
This week we have interesting perspectives on gold farming from Game designer themselves.
 
Read more >>
By PJ, Jul 23, 2007 - No comments yet
 
This week we take a closer look at a well-known currency seller, Gamepal.
 
Read more >>
By PJ, Jul 18, 2007 - No comments yet
 
This week we have news about activities that could affect virtual currency industry.
 
Read more >>
By carebear, Jul 14, 2007 - No comments yet
 
This week we interviewed Sean from Disgruntled Gamer (http://disgruntledgamer.wordpress.com/) - a self-described 30-something gamer, former programmer gone private investigator. He shares his advice for gold buyers, an outlook for the RMT industry and his personal experience and view as a gamer.
 
Read more >>
By PJ, Jul 11, 2007 - No comments yet
 
More articles on gold farmers this week, Fran Wang wrote on Yahoo News about a law student, Zhao Mengyuan who made a living from farming gold in online games. This gold farmer made up to 260 dollars in five hours, effectively 52 dollars per hour - way above what other farmers in Julian Dibbell`s article reported on average: They made only 30 cents an hour.
 
Read more >>
By carebear, Jul 09, 2007 - 1 comment
 
This time sat down with several newcomers that offer some fascinating insights into the world of an average RMT company. With Mogbroker, GMBar and Mogmine we got three companies created from scratch by entrepreneurs with completely different background. A great read to get an idea how people got into the industry.
 
Read more >>
By carebear, Jul 07, 2007 - 1 comment
 
This week we feature three companies in our in-depth look at gold farmers. Let's start with two of the top 20 gold sellers in terms of revenue:
 
Read more >>
By PJ, Jul 04, 2007 - No comments yet
 
After the purchase of Wowhead, Affinity Media emphasized that it had sold IGE. Judging from recently surfaced documents this does not seem to be the case.
 
Read more >>
By carebear, Jul 03, 2007 - No comments yet
 
How would you describe the services you and your company can provide for the MMORPG industry?
 
Read more >>
By carebear, Jun 29, 2007 - 1 comment
 
WoWMine - well known for its significant spending on Google Adwords - has quite an interesting background story. Check their profile page to find out more about the Lam's gamer training project, an in-game spamming outlet and the life of a middlemen between Chinese gold farmers and actual gold selling companies.
 
Read more >>
By carebear, Jun 28, 2007 - No comments yet
 
I am copying this over from the [VERN] discussion list:
 
Read more >>
By PJ, Jun 27, 2007 - 3 comments
 
Affinity Media, according to its own reports now ex-owner of IGE, has acquired Wowhead, a World of Warcraft information database and community. Wowhead gets added to its growing network which already includes the very popular Thottbot and Allakhazam. The acquisition came through in a non-disclosure deal believed to be around US$1 million. Interestingly, the news leaked out before it was official at the blog of a former IGE employee at Techsoapbox. Wowhead's official statement was that ".. now that IGE is out of the picture, Wowhead has decided to become a part of the ZAM Network.".
 
Read more >>
By carebear, Jun 20, 2007 - 2 comments
 
All eyes are on Chinese gold farmers this week, following a news report in the New York Times by Julian Dibbell. In his previously released book "Play Money" the author already shared his personal experience as a seller of Ultima Online gold. In the NYT Dibbell exposes the life of Li Qiwen and other Chinese gold farmers who work twelve hours a night and seven nights a week. This article is one of the best detailed and most vivid description of a gold farmer`s life.
 
Read more >>
By carebear, May 28, 2007 - 2 comments
 
If you wondered about the persons behind the numerous gold shops you might find our small series of interviews insightful. MMOBUX conducted several short interviews with a few selected gold sellers and trading platforms.
 
Read more >>
By carebear, Jun 18, 2007 - No comments yet
 
This week we published three articles on some of the heavy-weights in the RMT industry. Three of the biggest companies only got started within the last three years and even though they only received little press coverage have began to surpass IGE. We covered their interesting stories - from hard business facts to the latest gossip:
 
Read more >>
By carebear, Jun 13, 2007 - No comments yet
 
This week, Blizzard has been busy banning gold farmer accounts as usual. An anonymous gold farmer from Colorado reportedly lost over US$50,000 worth of gold in just one day. Having lost 100 accounts in a day, he estimated he would be back on track again within few weeks. It's an endless cat and mouse chase.
 
Read more >>
See older articles in our forum