Vietnam Telecom Operators Country Intelligence Report

Vietnam Telecom Operators Country Intelligence Report

Summary

Vietnam Telecom Operators Country Intelligence Report, a new Country Intelligence Report by GlobalData, provides an executive-level overview of the telecommunications market in Vietnam today, with detailed forecasts of key indicators up to 2029. 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.

Key Highlights

• Fixed broadband service revenue will grow at a CAGR of 1.8%, driven by strong growth in FTTH subscriptions, on the back of fiber rollouts by telcos and fixed broadband coverage expansions by the government.

Scope

• Total telecom service revenue in Vietnam will grow at a CAGR of 2.6% over the forecast period 2024-2029, primarily led by revenue growth in mobile data and fixed broadband segments.
• Mobile data service revenue will grow at a five-year CAGR of 9.7%, driven by rising mobile internet subscriptions, increasing 4G subscriptions and projected growth in adoption of higher ARPU-yielding 5G services. The expansion of digital services, video streaming and cloud-based applications will fuel data consumption and in turn revenue growth.

Reasons to Buy

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.