Vietnam Telecom Operators Country Intelligence Report

'Vietnam: Country Intelligence Report,' a new Country Intelligence Report by the publisher, provides an executive-level overview of the telecommunications market in Vietnam today, with detailed forecasts of key indicators up to 2028. Published annually, the report provides detailed analysis of the near-term opportunities, competitive dynamics, and evolution of demand by service type and technology/platform across the fixed telephony, broadband, and mobile segments, as well as a review of key regulatory trends.

Total telecom service revenue in Vietnam will increase at a CAGR of 4.7%, primarily supported by growth in the mobile data and fixed broadband service segments. Mobile data service revenue, will increase at a CAGR of 12%. This growth will be driven by rising mobile Internet subscriptions, especially increasing adoption of 4G services, projected rise in 5G subscriptions and subsequent increase in mobile data ARPU. Fixed broadband service revenue, will grow to $1.9 billion in 2028, driven by projected growth in FTTH subscriptions on the back of efforts by the government to expand fixed broadband networks in the country.

The Country Intelligence Report provides in-depth analysis of the following -

Demographic and macroeconomic context in Vietnam.

• The regulatory environment and trends: a review of the regulatory setting and agenda for the next 18-24 months as well as relevant developments pertaining to spectrum licensing, national broadband plans, tariff regulation, and more.
• Telecom services market outlook: analysis as well as historical figures and forecasts of service revenue from the fixed telephony, broadband, mobile voice, and mobile data markets.
• The competitive landscape: an examination of the positioning of leading players in the telecom services market as well as subscription market shares across segments.
• Company snapshots: analysis of the financial position of leading service providers in the telecommunications markets.
• Underlying assumptions behind our published base-case forecasts, as well as potential market developments that would alter, either positively or negatively, our base-case outlook.

Scope

• Total telecom service revenue in Vietnam will grow at a CAGR of 4.7% during 2023-2028, supported by growth in the mobile data and fixed broadband segments.
• 5G services will account for 18% of mobile subscriptions in 2028. This growth will be supported by telcos’ planned 5G network rollouts and government’s 5G coverage plans over the forecast period.
• Average monthly mobile voice usage will decline to 84 minutes in 2028. This is due to growing consumer preference for OTT-based communication solutions.

Reasons to Buy

• This Country Intelligence Report offers a thorough, forward-looking analysis of Vietnam’s telecommunications markets, service providers and key opportunities in a concise format to help executives build proactive and profitable growth strategies.
• Accompanying the publisher's Forecast products, the report examines the assumptions and drivers behind ongoing and upcoming trends in Vietnam’s mobile communications, fixed telephony and broadband markets, including the evolution of service provider market shares.
• With more than 20 charts and tables, the report is designed for an executive-level audience, boasting presentation quality.
• The report provides an easily digestible market assessment for decision-makers built around in-depth information gathered from local market players, which enables executives to quickly get up to speed with the current and emerging trends in Vietnam’s telecommunications markets.
• The broad perspective of the report coupled with comprehensive, actionable detail will help operators, equipment vendors and other telecom industry players succeed in the challenging telecommunications market in Vietnam.