Skip to content

Expansion of Sui Network into Vietnam’s Dominant Programming and Gaming Industries

Blockchain gaming sector in Vietnam, home to a formidable IT workforce and thriving Web3 ecosystem, remains attractive for entrance by Sui Network.

Expansion of Sui Network in Vietnam: Following Shifts in Tech, Focus on Programming and Gaming...
Expansion of Sui Network in Vietnam: Following Shifts in Tech, Focus on Programming and Gaming Markets

Expansion of Sui Network into Vietnam’s Dominant Programming and Gaming Industries

Vietnam's blockchain gaming sector is experiencing rapid growth, positioning the country as a key player in the Web3 landscape of Southeast Asia. With approximately 2.5 million IT professionals and a young, tech-savvy population, the environment is ripe for blockchain innovation [1][2].

Successful blockchain games like Axie Infinity have pioneered the market, stimulating further interest and development in this space [2]. The Vietnamese government is also actively supporting blockchain growth, with the implementation of legal frameworks such as the National Strategy for Blockchain Technology Development, effective from 2025, and the creation of regulations for digital assets and service providers [3].

To capitalize on this burgeoning market, Sui Network, a high-performance blockchain infrastructure specializing in gaming, has expanded into Vietnam. Sui Network's testnet is capable of processing up to 120,000 transactions per second (TPS), a critical factor for the scalability and responsiveness of blockchain games [1][2].

Powered by the Move programming language, Sui offers optimized transaction throughput and scalability, making it particularly suitable for fast-paced blockchain gaming applications [2]. By providing a scalable, user-friendly platform tailored for interactive and tokenized gaming experiences, Sui aims to foster innovation and adoption in Vietnam's Web3 gaming marketplaces and IT talent pool [1][2].

The entrance of Sui Network reflects a strategic positioning to serve Vietnam’s growing Web3 gaming market and IT talent pool, helping the country become a preferred infrastructure provider for decentralized applications in the region [1]. The project's success could enhance the integration of gaming and financial incentives (token economies), aligning with global trends in blockchain gaming.

With sustained governmental support, improving regulation, and emerging infrastructure platforms like Sui Network, Vietnam’s blockchain gaming market is expected to grow substantially, potentially reaching billions in blockchain adoption by 2027 [1][3]. Continued improvements in scalability, user experience, and integration with broader Web3 tools indicate that blockchain gaming will remain a key driver in Vietnam’s digital transformation.

The increasing popularity of blockchain gaming in Vietnam suggests a promising future for the Web3 industry in the country. Blockchain games enable players to earn cryptocurrency by engaging in the game economy, creating a new revenue stream for gamers and developers alike [1]. As the digital economy of Vietnam develops quickly, blockchain gaming is expected to be a substantial part of this revolution.

References: [1] TechCrunch. (2023). Sui Network raises $200 million to build a scalable blockchain for gaming. [2] Statista. (2023). Blockchain gaming market in Vietnam. [3] Vietnam Briefing. (2023). Vietnam's National Strategy for Blockchain Technology Development. [4] Blockchain Week Vietnam. (2023). GM Vietnam 2025.

  1. With the entrance of Sui Network, a high-performance blockchain infrastructure focusing on gaming, Vietnam is poised to become a dominant player in the Web3 landscape for Southeast Asia.
  2. The Move programming language powers Sui Network, providing optimized transaction throughput and scalability, making it ideally suited for fast-paced gaming applications within the blockchain industry.
  3. The integration of Sui Network's scalable, user-friendly platform will likely foster innovation and adoption in Vietnam's Web3 gaming marketplaces and IT talent pool, accelerating the digital transformation of the country.
  4. Artificial Intelligence integration, financial incentives (token economies), and the growing emphasis on scalability will continue to drive growth in Vietnam’s blockchain gaming market, potentially reaching billions in blockchain adoption by 2027.
  5. As blockchain games enable gamers to earn cryptocurrency through participating in the game economy, they serve as a significant piece of the overall digital transformation and revolution underway in Vietnam's economy.

Read also:

    Latest

    China Outlines Plans for 39 AI Data Centers Equipped with 115,000 Limited Nvidia Hopper GPUs -...

    China proposes establishing 39 AI data centers equipped with 115,000 limited Nvidia Hopper GPUs, sparking concerns about procurement and the potency of trade restrictions.

    China proposes constructing 39 AI data centers, utilizing approximately 115,000 restricted Nvidia graphics processing units. Approximately 70% of these GPUs are intended for a colossal site in Xinjiang, which, if implemented, might transgress U.S. export prohibitions, engendering apprehension...