While this is a nice atmospheric track, I feel it is far too repetitive. I feel like all the pieces are there, but harmonically, it is too stagnant. The"nostalgic" instrumentation works well together, but I feel like you could have done a better job introducing new instruments to the mix as the track goes on and/or subtracting them to create some more variation. Consider the overall shape you want the song to take on, because in its current form it feels a little aimless (unless, of course, that's what you were going for).
The bell "glissando" panned to the right gets old quickly. I would have used it more sparingly.
Also, spend some time reflecting on what type of video game this is supposed to be for. I am getting Final Fantasy vibes, so maybe an RPG? What is the story and what is the gameplay like?