Vietnam Telecoms Market Report

Telecoms, Mobile and Broadband - Statistics and Analyses

Publication Date: June 2026

Report Pages: 127

Analyst: Henry Lancaster

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Summary
Table Of Contents

Vietnam approaches full 5G availability

Vietnam’s telecom sector has matured rapidly in recent years. Fixed-line broadband services are largely based on FttP connectivity, with the vast majority of premises passed by fibre infrastructure. Fixed-line voice telephony continues on its downward trajectory, with steady declines in subscriber numbers and teledensity as people adopt mobile platforms for voice services.

The mobile sector accounts for the vast majority of voice calls and internet traffic. The sector has been supported by government efforts to promote Vietnam’s technical prowess and its self-sufficiency, partly in partnership with vendors including Ericsson and Nokia. This it has done with great success through supporting Viettel, a government-owned conglomerate managed by the military.

The mobile sector has also been supported by recent spectrum auctions, which by early 2025 had more than doubled the amount of spectrum available to licensees. 5G services are expected to be universally accessible by 2030, in line with the government’s ICT Master Plan. Another result of the Master Plan, other than the release of spectrum, has been the redistribution of GSM and 3G bandwidth to LTE and 5G. GSM services were closed down in late 2022 (excepting remote islands and some offshore oil rigs), while 3G is expected to be closed down nationwide in 2028, thus allowing spectrum and physical assets to be repurposed for 5G. The country also has ambitions to start commercialising 6G from 2030.

Key developments

New Law on Telecommunications removes restrictions on direct foreign investments in Vietnam for data centres and cloud services.
Destruction caused by regular typhoons leading to focus on satellite broadband to provide backup internet connectivity.
Ministry of Science and Technology is merged into the Ministry of Science and Technology.
Government pushes MNOs to provide 99% population coverage with 5G by 2030 and provides subsidies for equipment costs if at least 20,000 5G base stations are activated by the end of 2025.
MNOs close down GSM networks to focus on LTE and 5G.
Ericsson and MobiFone develop a 5G Innovation Hub to evaluate innovative 5G user cases.
Kinh Bac City Development Holding Corporation signs MoU to build a AI data centre complex in Ho Chi Minh City.
Government aiming to increase the number of international subsea cables to at least 15 by 2030, offering a minimum capacity of 334Tb/s.
Report update includes the regulator's market data to August 2024, telcos' financial and operating data updates to 2024, updated Telecom Maturity Index charts and analyses, and recent market developments.

Companies mentioned in this report

Vietnam Post and Telecommunications Corporation (VNPT), Viettel, Vinaphone, Mobifone, Vietnamobile, GTel, GMobile, FPT Telecom, Itelecom, Reddi.

Key statistics
Regional Asia market comparison

Market characteristics
Market Leaders
Market Challengers
Market Emergents
TMI vs GDP
Mobile and mobile broadband penetration
Fixed versus mobile broadband penetration

Country overview
Telecommunications market

ICT Master Plan

Regulatory environment

Regulatory authorities

Ministry of Information and Communications (MIC)
Vietnam Telecommunications Authority (VNTA)
Ministry of Science and Technology (MOST)
2009 Law on Radio Frequency
2009 Law on Telecommunications
2023 Law on Telecommunications

Mobile network developments

Mobile Number Portability (MNP)
SIM card registration
Spectrum auctions

Mobile market

Mobile infrastructure

6G
5G
LTE
3G
GSM
NB-IoT
M-money

Mobile broadband
Major mobile operators

Viettel
MobiFone
VNPT-Vinaphone
Vietnamobile
GMobile
Mobile Virtual Network Operators (MVNOs)

Fixed-line broadband market

Digital Subscriber Line (DSL)/FttP
Wi-Fi
Satellite broadband

Fixed network market

Vietnam Post & Telecommunications (VNPT)
Viettel
FPT Telecom
GTel

Telecommunications infrastructure

International infrastructure

Submarine cables
Satellite networks

Data centres
Digital economy

e-Government
e-Health
e-Education
E-Payments
Smart Meters
Smart Cities
Technology parks/IT focus areas

Appendix – Historic data
Glossary of abbreviations
Related reports

List of Tables

Table 1 – Top Level Country Statistics and Telco Authorities - Vietnam– 2026 (e)
Table 2 – Telecom revenue by sector ($ million) – 2009 – 2019
Table 3 – Change in the number of mobile subscribers and penetration – 2014 – 2028
Table 4 – Change in the number of mobile subscribers by prepaid and contract (million) – 2015 – 2024
Table 5 – Mobile population coverage by technology – 2015 – 2020
Table 6 – Change in the number of mobile subscribers by technology (million) – 2015 – 2021
Table 7 – Change in the number of mobile broadband subscribers and penetration – 2014 – 2028
Table 8 – Mobile market share of subscribers by operator – 2013 – 2024
Table 9 – Change in the number of Vietnamobile’s mobile subscribers – 2011 – 2019
Table 10 – Development of Vietnamobile’s financial data (HK$ million) – 2017 – 2021
Table 11 – Growth in the number of fixed broadband subscribers and penetration – 2014 – 2028
Table 12 – Change in the proportion of fixed broadband connections by platform – 2015 – 2024
Table 13 – Change in the number of fixed broadband subscribers by access speed – 2015 – 2020
Table 14 – Development of VNPT’s financial data (VND billion) – 2015 – 2019
Table 15 – Development of Viettel Group’s revenue (VDN trillion) – 2019 – 2024
Table 16 – Change in the number of fixed line subscriptions and teledensity – 2014 – 2028
Table 17 – Development of international internet bandwidth (Mb/s)– 2011 – 2024
Table 18 – Historic - Mobile broadband subscribers and penetration – 2011 – 2013
Table 19 – Historic - Mobile subscribers and penetration – 1995 – 2014
Table 20 – Historic - Fixed broadband subscribers and penetration – 2007 – 2014
Table 21 – Historic - Fixed line subscriptions and penetration – 2007 – 2013
Table 22 – Historic - Internet users and penetration – 1998 – 2010
Table 23 – Historic - MobiFone’s mobile subscribers – 2007 – 2016
Table 24 – Historic - VNPT - Vinaphone mobile subscribers – 2007 – 2014
Table 25 – Historic - Viettel’s mobile subscribers – 2007 – 2014
Table 26 – Historic - GMobile mobile subscribers – 2009 – 2011
Table 27 – Historic - Change in the number of Vietnamobile’s mobile subscribers – 2007 – 2010
Table 28 – Historic - Growth in the number of FttX subscribers – 2008 – 2010

List of Charts

Chart 1 – Asia Telecoms Maturity Index – Market Leaders
Chart 2 – Asia Telecoms Maturity Index – Market Challengers
Chart 3 – Asia Telecoms Maturity Index – Market Emergents
Chart 4 – Asia – Telecoms Maturity Index vs GDP per capita
Chart 5 – Asia – Mobile subscriber penetration vs mobile broadband penetration
Chart 6 – Northern Asia – Mobile subscriber penetration vs mobile broadband penetration
Chart 7 – Northern Asia – Fixed and mobile broadband penetration
Chart 8 – Telecom revenue by sector – 2009 – 2019
Chart 9 – Change in the number of mobile subscribers and penetration – 2014 – 2028
Chart 10 – Change in the number of mobile subscribers by prepaid and contract – 2015 – 2024
Chart 11 – Mobile population coverage by technology – 2015 – 2020
Chart 12 – Change in the number of mobile subscribers by technology – 2015 – 2021
Chart 13 – Change in the number of mobile broadband subscribers and penetration – 2014 – 2028
Chart 14 – Mobile market share of subscribers by operator – 2013 – 2024
Chart 15 – Change in the number of Vietnamobile’s mobile subscribers – 2011 – 2019
Chart 16 – Development of Vietnamobile’s financial data – 2017 – 2021
Chart 17 – Growth in the number of fixed broadband subscribers and penetration – 2014 – 2028
Chart 18 – Proportion of fixed broadband connections by platform – 2015 – 2021
Chart 19 – Change in the number of fixed broadband subscribers by access speed – 2015 – 2020
Chart 20 – Development of VNPT’s financial data – 2015 – 2019
Chart 21 – Development of Viettel Group’s revenue – 2019 – 2024
Chart 22 – Change in the number of fixed line subscriptions and teledensity – 2014 – 2028
Chart 23 – International internet bandwidth – 2011 – 2024

List of Exhibits

Exhibit 1 – Map of Telecom Maturity Index global ranking among countries in Asia
Exhibit 2 – Generalised Market Characteristics by Market Segment
Exhibit 3 – Asia – Market Leaders and market developments
Exhibit 4 – Asia – Market Challengers and market developments
Exhibit 5 – Asia – Market Emergents and market developments
Exhibit 6 –MIC’s assigned policy and regulatory responsibilities
Exhibit 7 – Potential spectrum auctions (MHz)
Exhibit 8 – MNO IMT spectrum assignments (MHz)
Exhibit 9 – Vietnam – Data centres

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Vietnam Telecoms Market Report

Telecoms, Mobile and Broadband - Statistics and Analyses

Purchase this Report

Vietnam approaches full 5G availability

Key developments

Companies mentioned in this report

Key statistics

Regional Asia market comparison

Country overview

Telecommunications market

Regulatory environment

Mobile market

Fixed-line broadband market

Fixed network market

Telecommunications infrastructure

Data centres

Digital economy

Appendix – Historic data

Glossary of abbreviations

Related reports

Purchase this Report

Share this Report

TMT Intelligence

A platform to scale your intelligence tasks

Research Methodology

Hot Topics

News & Views