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However, even before the pandemic, there were expectations that gaming would grow exponentially — not only in developed regions but also in fast-developing countries like Vietnam. Several factors contribute to making Vietnam an attractive growing market for the gaming industry. Smartphone penetration in Vietnam is very high: more than 50 percent of the population uses smartphones.
High-speed internet coverage, including 4G networks, continue to be more widespread, allowing users to play on the go. There are currently around 3. Businesses in other sectors can also capitalize on the growing number of players and fans in the gaming industry by offering services and products that complement the gaming experiences. For example, there are opportunities in digital advertising, marketing, consumer goods , beverages, delivery services, and many more that can help companies maintain operation and stay relevant in a post-pandemic world.
Most of the online games sold in Vietnam are produced by foreign companies. Chinese companies account for 69 percent of multiplayer online games released in the Vietnamese market. However, for games to be successful and popular, local knowledge of the Vietnamese market is important.
Overseas developers often partner with Vietnamese publishing firms that help them navigate the market, build and manage a community, market their products, and meet local regulations. Vietnam is also home to talented engineers who cost less than those in more developed markets.
Although most of them make casual games that are simpler in terms of quality, graphics, and user interface, there are several examples of Vietnamese games that make it to overseas markets, such as Caravan War and Tiles Hope: EDM Rush! Thus, there is a lot of potential that can be leveraged. For foreign companies to have their game available in Vietnam, they must obtain a license from local authorities. The licensing process can take from 20 days to over a month and involves representatives from the Ministry of Information and Communications , the Ministry of Culture, Sports and Tourism , and the Youth Union.
Foreign companies wanting to have their games licensed face two options: they can either work with Vietnamese studios that help them carry out the necessary procedures, or establish a branch and a representative office in Vietnam. Like previously mentioned, local knowledge is crucial in this case. Games in which multiple players simultaneously interact with each other cannot allow a user under 18 to play more than minutes per day.
The content and images in the game must also comply with Vietnamese regulations, which may require companies to make some changes. Foreign publishers must comply with the strict local regulations or be forced to end their operations, which happened to Finland-based Supercell in Over the last two years, the government has asked Apple and Google to take down several games from their stores due to illegal content which, according to the government, includes elements of violence, gambling, and those found to distort Vietnamese history.
Local companies face tough competition in the gaming market, but Vietnamese indie developers have found international success in making casual games. The most notable example is the Vietnam-made game Flappy Bird , which topped app stores worldwide and put Vietnamese talent on the radar. Thus, there is no denying that Vietnam is an attractive market for those in the gaming industry and related sectors, especially given the current pandemic.
Authorities are saying that the sensational game Flappy Bird had something to do with the suicide. There has also been 7 reports of other suicides around the U. Flappy Bird developer Dong Nguyen has just taken Flappy Bird off app stores this morning and is believed to be the cause of the suicides. To use social login you have to agree with the storage and handling of your data by this website. Cancel Accept. Username or Email Address.
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The Buffett Indicator has gone haywire of late. Retirement account owners have long had trouble translating the money in their k into income. Investors have been fixated on growth companies over the past year, and one segment which has been on the rise is the fledgling cannabis industry. The sector offers a unique proposition and the prospect of further growth, as there is still a major catalyst on the horizon which will completely alter the industry.
As expected, a Democrat led senate has been good news for those banking on marijuana reform at the federal level; And it looks like the anticipated changes could happen faster than initially expected. The statement feeds expectations that the Democratic Congressional majority will pass — and that President Biden will sign — a bill to legalize marijuana. Investors are also looking at further state-level legalization moves; one key state in this regard is New York.
So, the cannabis industry is looking up. There is an expanding network of state legalization regimes, and expectations of a change in federal policy; both are putting upward pressure on cannabis shares. Both have posted impressive year-to-date performances, and stand to rise even more in the year ahead.
The company started out as a farmer, producing high-quality greenhouse vegetables year-round for sale in the North American market. That background fit the company well for a transition to the cannabis industry — Village Farms has experience in greenhouse production and industrial-scale growing. Two important pieces of news precipitated the surge since the end of January.
The move increases the international reach of Village Farms, and its ability to increase Altum holdings in the future. The company was able to fund these moves because it had a successful equity sale in January, putting an additional In addition to its strong capital and expansion positions, Village Farms has been reporting solid financial results. VFF has historically been undervalued compared to less profitable peers, but we expect shares to continue working higher … as the prospect for US reform increases throughout the year.
The company is involved in both the medical and recreational sides of the market, and both grows and produces cannabis and markets a range of products through numerous brand names. Growth has been fueled by expansion of the cultivation operations in California and Pennsylvania, and by the move into the adult-use recreational market in New Jersey.
Last month, TerrAscend closed a non-brokered private placement stock sale, putting more than 18 million common shares on the market. We have been bullish on the company since initiating coverage last year and are happy to say the TRSSF team has exceeded our expectations, generating rapid increases in margins and operating leverage that have earned them a place solidly in the Top Tier of MSOs," Des Lauriers noted. Disclaimer: The opinions expressed in this article are solely those of the featured analysts.
The content is intended to be used for informational purposes only. It is very important to do your own analysis before making any investment. For all the attention given to the argument that the stock market is in a bubble, it is important to point out that not everyone shares that view.
In a monthly webinar, Wood made the argument against stocks being in a bubble. Congressional leaders are hurrying the new payments along. Will you get one — and when? Jim Cramer sees froth in the stock market Wednesday. Here's where he's putting his attention. The Apple Inc. The South Korean company - after the first successful approaches last January - was ready to make the Kia plant in West Point Georgia available to Apple, but some days ago the process came to a screeching halt, apparently due to internal disagreements within the Hyundai board.
Apple's goal would be to strike an agreement with an Asian company, probably to intercept the potential endless electric car market in the continent. See Also: Why Apple Could Emerge As Tesla's 'First True Competitor' Time Until "We are receiving several requests for cooperation in the joint development of autonomous electric vehicles from various companies, but they are at an early stage and nothing has been decided," Hyundai executives said in a note in which they dismissed the deal with Apple.
In conclusion, the Apple Car will have to wait for now: there is time until , which is the expected release date. This article originally appeared on Financialounge. It does not represent the opinion of Benzinga and has not been edited. Benzinga does not provide investment advice. All rights reserved.
The Federal Reserve and other powerful central banks have viewed a curiously long bout of low inflation as proof that stimulating the economy through unconventional money-printing measures can ease the pain of downturns. Prioritizing economic support over inflation risk seemed like the right move: Many emerging market central banks initially offset the impact of fleeing foreign investors and rising borrowing costs, while helping to lift their stock prices.
The green energy industry has been red-hot throughout Here are the 2 companies could do very well in Coronavirus, of course. Or more precisely, a vaccine to fight it. Yesterday, Nakae took another look at Ocugen at its present share price, and declared it overpriced, downgrading the shares to Neutral i.
To watch Nakae's track record, click here Why is Nakae having second thoughts about Ocugen now? Valuation is obviously a concern, and certainly the primary one. After all, hype aside, Ocugen stock is a company almost entirely devoid of revenues. At its current market capitalization, therefore, Ocugen stock sells for a mind-numbing 40, times trailing sales, which is kind of a lot.
Now, what must Ocugen do to justify this valuation -- one that's not just "sky high" above fair value, but more orbiting somewhere out past Saturn? For those that hold FLB tokens, they can earn dividends on them every day. Gamers will be offered one free try to play Flappy Bird every 12 hours.
One thing is for sure, these developers and EOS holders are hoping that Flappy Bird can help this blockchain gain in popularity with casual gamers. You must be logged in to post a comment. Username or Email Address. Home Analytics. Instagram Twitter YouTube. Latest Popular Hot Trending. Search Search for: Search. Follow us Instagram Twitter YouTube. Leave a Reply Cancel reply You must be logged in to post a comment.
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In fact, in Flappy Bird's case, an overwhelming amount of customer engagement and feedback ultimately stressed out the developer and contributed to the game's demise. Though Nguyen decided to kill Flappy Bird, it can still be played on smartphones that had already downloaded it.
He had originally intended it to be a fun few-minute diversion, not the obsessive time-suck it became. Also, many of Nguyen's almost 1, tweets were conversations with customers. Though customer engagement through social media is generally considered an effective business tactic, Nguyen's extreme responsiveness with some of his , followers seemed to pose challenges as great to him as his game posed to players. Please give me peace. In response, some Flappy Bird fans tweeted back with death and suicide threats, suggesting the game's addictive powers perhaps weren't so exaggerated.
The Flappy Bird phenomenon shows that active social media engagement and viral success can lead not just to stardom, but to the death of a product. Read more articles about customers. Skip to content. Menu Menu. United States Change Country.
Help Log In. Cash Back Rewards Home. Business Cards. View All Business Cards. Compare Cards. Corporate Card Programs. For Startups. For Large Companies. Payment Solutions. International Payments. Roughly 5 years ago, Flappy Bird soared to the top of the mobile gaming world as it became one of the most popular games played around the globe.
Unfortunately, it also became one of the most addictive and copied games in the app stores for Apple and Google. Eventually, the original Flappy Bird was discontinued after developing a rabid following and becoming highly popular.
After a half decade of urban legends and fond memories of a game that helped to transform both Android and iOS platforms, the EOS blockchain has resurrected Flappy Bird from the dead. Gambling dapps have practically taken over the EOS blockchain. Even betting sites are starting to allow gamers to participate in wagering on their favorite types of games.
There are sites to bet on csgo , esports betting sites and so much more. It was starting to feel like blockchains were just going to become a haven for gambling and betting games. If more gamers start playing this blockchain game then it may spark a run where both EOS and Tron developers start cloning popular games from the past.
Flappy Bird will be played in the same fashion as the original iOS version. However, since the game is on blockchain now, there will be a few differences. Blockchain dapps are typically designed to offer gamers with real-world incentives. To earn the popular EOS coin, users will most likely need to get into the top rankings. For those that hold FLB tokens, they can earn dividends on them every day. Gamers will be offered one free try to play Flappy Bird every 12 hours.
One thing is for sure, these developers and EOS holders are hoping that Flappy Bird can help this blockchain gain in popularity with casual gamers. You must be logged in to post a comment.