Last updated: 1 Mar 2019 Update History
Report Status: Archived
Report Pages: 45
Analyst: Phil Harpur
Growth has been flat in Vietnam’s mobile market over the past five years. Market growth has been restrained due to a mature and saturated market. Mobile subscriber growth is also expected to be relatively low over the next five years to 2022.
By 2017, all five major mobile operators had been issued 4G licenses, and by early 2018 4G rollouts were well underway. 4G access will open up many opportunities for rural residents to learn, consume entertainment, find jobs and generally narrow the gap between urban and rural areas.
Apart from the fluctuating subscriber numbers, the mobile market has been characterised by decreasing profits and a fall in investment capital, as well as a drop in tax payments by operators.
Vietnam has seen a very rapid increase in mobile broadband penetration over the past five years driven by a rising level of 3G and 4G mobile subscribers. However, the mobile broadband market is still at a relatively early stage of development. Strong growth is predicted over the next five years to 2022.
VNPT; Vinaphone; Mobifone; Viettel; GTel Mobile; Viettel; Vietnamobile
Paul, May I congratulate you on a very successful and enjoyable afternoon with the Minister. In providing the roundtable discussions between government and industry, it highlighted the strong interest by stakeholders in Broadband and its implementation but it also presented us with other issues and opportunities that we need to address.
Dominic Schipano, CITT
BuddeComm's strategic business reports contain a combination of both primary and secondary research statistics, analyses written by our senior analysts supported by a network of experts, industry contacts and researchers from around the world as well as our own scenario forecasts.
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