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Minh Le
Chairman, CEO at VNG Corporation
Minh Le, also known as Le Hong Minh, is a prominent figure in Vietnam's technology sector, best recognized as the Co-founder, Chairman, and CEO of VNG Corporation. He founded VNG in 2004, initially under the name Vinagame, which focused on online gaming. Under his leadership, VNG has evolved into Vietnam's first tech unicorn and a leading internet company, known for its flagship products like the social network Zalo and the payment platform ZaloPay.124
Early Life and Education
Le Hong Minh was born in 1977 and pursued higher education at Monash University in Australia, where he earned a Bachelor's degree in Business with a focus on Accounting and Finance from 1997 to 2001.35 Before founding VNG, he worked at notable firms such as PwC and VinaCapital, where he managed capital investments.6
Career at VNG Corporation
In 2004, Minh established Vinagame with a modest initial capital of 15 billion VND. The company quickly gained traction in the gaming industry, particularly with the launch of its hit game "Vo Lam Truyen Ky," which attracted over one million users within six months.25 By 2014, VNG was recognized as Vietnam's first tech unicorn with a valuation exceeding $1 billion. Over the years, it expanded its offerings beyond gaming to include various online services and products.245
Recent Developments
In late 2024, Minh returned to the role of chairman after a brief period during which Vo Sy Nhan served as chairman. Although he stepped down as CEO to comply with legal requirements following scrutiny over VNG's operations, Minh continues to play an integral role in overseeing the company's daily operations.147 His leadership has been characterized by a commitment to leveraging technology to enhance the lives of Vietnamese people through innovative internet solutions.5
Recognition and Influence
Throughout his career, Minh has been recognized as one of the most influential figures in Vietnam's internet industry. He was honored by the Vietnamese government for his contributions to technology development and has been featured among the top influencers in the sector from 2007 to 2017.12
Minh Le's journey from a gaming enthusiast to a tech pioneer exemplifies the rapid growth of Vietnam's digital economy and highlights his significant impact on the country's technological landscape.


