Recently, Mr. Simon Yu – Director of the Gaming Investment Fund at Kirin Capital – and his team concluded a business trip to China, paving the way for numerous promising investment cooperation opportunities between China and Vietnam, particularly in the gaming and technology sectors.
China is currently ASEAN’s largest trading partner, with Vietnam playing a prominent role, accounting for roughly one-fourth of the total trade turnover between the two sides. More and more Chinese enterprises are expanding their investments into Vietnam, which has become an increasingly attractive destination for major Chinese “eagles.” Among the key sectors, gaming and technology stand out as vibrant industries projected to see strong growth in the near future.
As a strategic partner for both investors and startups in Vietnam and across the region, Kirin Capital has actively fostered cross-border cooperation, connecting domestic and international resources to support innovation and business expansion.
During the trip, Kirin Capital visited and held discussions with several leading Chinese gaming and technology companies, while also participating in major regional industry events.
Notably, on July 28, Mr. Simon Yu and the Kirin Capital Gaming Investment Fund were invited to attend the 20th China Digital Entertainment Expo & Conference (ChinaJoy 20), held at the Shanghai New International Expo Center. Spanning more than 120,000 square meters with 11 specialized exhibition zones, the event attracted over 500 companies and 338,000 visitors. Industry giants such as Qualcomm, Tencent, Netease, Mihoyo, China Mobile, Migu, Shengqu Games, Perfect World, Giant Network, Meituan, and others were present—highlighting the region’s dynamic growth and immense potential in gaming and tech.
This trip marked a significant step in Kirin Capital’s “Know Vietnam, Long Vietnam” journey—promoting cross-border collaboration and laying a strong foundation to help Vietnamese gaming and tech enterprises reach new heights in the regional and global landscape.
Among the 300 B2B exhibitors at ChinaJoy 20, around 35% were international companies, primarily from the United Arab Emirates, Brazil, Germany, Russia, South Korea, the United States, Japan, and Vietnam. Chinese game developers and publishers, in particular, showed strong interest in the Vietnamese market due to its impressive growth potential.
At the event, Kirin Capital had the opportunity to connect with Ocean Entertainment Group (OEG)—a tech-media-entertainment company with the vision of becoming the largest entertainment ecosystem in Vietnam and the region—as well as Nimo TV, a successful global game livestreaming platform with millions of users worldwide. All parties expressed mutual interest in strengthening communication and exploring future investment cooperation opportunities.
Continuing the journey, on July 29, Kirin Capital participated in the Global Game and Entertainment Conference organized by Baijing Chuhai. Baijing Chuhai (Fuzhou Baijing Network Technology Co., Ltd.) has developed a service platform specifically designed for Chinese tech companies seeking to expand internationally. The platform focuses on four key areas: information (real-time news, 24/7 updates, Q&A), data, services (collaboration, recruitment, events, investment), and community.
During the meeting, both companies discussed plans to organize a “Vietnam Game” Day”—an initiative aimed at creating a bridge for Chinese and Vietnamese game companies to connect, exchange information, and explore collaboration and development opportunities.
The business trip concluded successfully, helping to unlock new resources and attract more Chinese game and technology enterprises to invest and partner in Vietnam, thereby supporting the rapid growth of the Vietnamese gaming industry in the near future.