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Vietnam - Telecoms, Mobile and Broadband - Statistics and AnalysesLONDON, Nov. 15, 2018 /PRNewswire/ -- Vietnam ranks 18th in BuddeComms Asian Telecoms Maturity Index Fixed broadband penetration in Vietnam remains low mainly due to a limited number of fixed lines and the dominance of the mobile platform. However the market has grown strongly over the past five years. Over the next five years to 2022 strong growth is expected to continue driven by rising fixed line penetration, in particular the rollout of fibre access. The digital economy in Vietnam has been flourishing. With initiatives to promote e-commerce throughout the country. The government has been the driving force behind the country's move into the age of the digital economy. It has been constantly emphasising the need to use e-commerce to improve the country's economic competitiveness. The government has also been particularly active in the development of cyber laws, because of its deeply ingrained political culture of central control. Key developments: The fixed line market in Vietnam has seen a significant decline over the past few years. MobiFone and VNPT were directed by the MIC to complete equitisation (a process by which its shares are sold) in 2018 and 2019. Viettel Global announced plans to expand its footprint to Indonesia and Nigeria. Vietnam has seen a very rapid increase in mobile broadband penetration over the past five years. VNPT-Vinaphone completed the conversion of its fixed network from copper to fibre-optic access. Fibre-based broadband (FttH) subscribers have been growing rapidly. Over the next five years to 2022 strong growth is expected to continue in the fixed broadband market. Companies mentioned in this report: • VNPT • Vinaphone • Mobifone • Viettel • S-Fone • EVN Telecom • Vietnamobile, GMobile/GTel. KT • LG U+ • SK Broadband • SK Telecom, Hanaro Telecom. Download the full report: https://www.reportbuyer.com/product/3695233 About Reportbuyer Reportbuyer is a leading industry intelligence solution that provides all market research reports from top publishers For more information: Sarah Smith Research Advisor at Reportbuyer.com Email: [email protected] Tel: +1 (718) 213 4904 Website: www.reportbuyer.com View original content:http://www.prnewswire.com/news-releases/vietnam---telecoms-mobile-and-broadband---statistics-and-analyses-300751721.html SOURCE ReportBuyer |