Vietnam Consumer Electronics Q4 2018
Vietnam's consumer electronics market is forecast to maintain strong growth throughout the forecast period2018-2022. The key to our bullish outlook is the combination of a robust purchasing power growth forecast and the relatively lowdevice ownership rates characteristic of a frontier market. This should see Vietnam be one of a group of outperforming markets inAPAC over the medium term, and the industry is also exhibiting solid momentum, especially for handsets, where during the reviewperiod it emerged as a leading global production centre that was second only to China in export value by 2017.
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