Vietnam Telecommunication Comprehensive Report Q2/2019
VIETNAM TELECOMMUNICATIONS MARKET
Vietnam's telecommunications sector continues to have significant growth potential, especially in the field of 3G for mobile phones and FTTH for wired networks. According to estimates, telecommunications service revenue in the first 3 months of 2019 increased by more than 6% compared to the same period in 2018. According to the increase from 2018, the number of mobile subscribers in the first 3 months of 2019 continued to increase which recorded a slight increase of 2.2% compared to the end of 2018.
According to the statistics of the Foreign Investment Agency, in the first 3 months of 2019, the information and communication sector ranked 9th among the largest invested sectors with a total registered investment capital of 0.99%.
In general, the trend of using 2G services has declined sharply over the years, while 3G has continuously increased in recent years. After a long time of testing 4G services at the end of 2016, at the beginning of Q2/2017, 3 big operators VinaPhone, MobiFone and Viettel officially launched 4G services. According to Open signal, Vietnam's 4G popularity is on the average of the world with the rate of 71.26%.
In recent years, mobile market share in Vietnam has been still in the hands of 3 big operators Viettel, VinaPhone and MobiFone with over 90% of mobile subscribers in the market. Due to the impact from the Ministry of Information and Communications, Circular 47 on promotion level for mobile services was issued , the revenue of 3 big operators VinaPhone, Viettel and MobiFone did not grew strongly compared to 2017.
Vietnam's telecommunications sector continues to have significant growth potential, especially in the field of 3G for mobile phones and FTTH for wired networks. According to estimates, telecommunications service revenue in the first 3 months of 2019 increased by more than 6% compared to the same period in 2018. According to the increase from 2018, the number of mobile subscribers in the first 3 months of 2019 continued to increase which recorded a slight increase of 2.2% compared to the end of 2018.
According to the statistics of the Foreign Investment Agency, in the first 3 months of 2019, the information and communication sector ranked 9th among the largest invested sectors with a total registered investment capital of 0.99%.
In general, the trend of using 2G services has declined sharply over the years, while 3G has continuously increased in recent years. After a long time of testing 4G services at the end of 2016, at the beginning of Q2/2017, 3 big operators VinaPhone, MobiFone and Viettel officially launched 4G services. According to Open signal, Vietnam's 4G popularity is on the average of the world with the rate of 71.26%.
In recent years, mobile market share in Vietnam has been still in the hands of 3 big operators Viettel, VinaPhone and MobiFone with over 90% of mobile subscribers in the market. Due to the impact from the Ministry of Information and Communications, Circular 47 on promotion level for mobile services was issued , the revenue of 3 big operators VinaPhone, Viettel and MobiFone did not grew strongly compared to 2017.
ABBREVIATIONS
EXECUTIVE SUMMARY
1. BUSINESS ENVIRONMENT
1.1 Macroeconomic situation
1.2 Legal framework
1.3 Trade agreements
2. INDUSTRY OVERVIEW
2.1 Current status of the telecommunications industry in the world
2.1.1 Market scale
2.1.2 Internet
2.1.3 Mobile phones
2.1.4 Landline phones
2.2 Current status of Vietnam telecommunications industry
2.2.1 History of the industry
2.2.2 Telecommunications market scale and infrastructure
Market scale
Internet
Mobile phones
Landline phones
2.2.3 Competitive analysis
2.3 Issues in industry development
Industry risks
SWOT analysis
Industry development trends
2.4 Industry planning
Industry planning
Forecast
Recommendations
3. ENTERPRISE ANALYSIS
3.1 VNPT
3.2 VNPT – VinaPhone
3.3 Viettel
3.4 MobiFone
3.5 Evaluation of the top three business results
EXECUTIVE SUMMARY
1. BUSINESS ENVIRONMENT
1.1 Macroeconomic situation
1.2 Legal framework
1.3 Trade agreements
2. INDUSTRY OVERVIEW
2.1 Current status of the telecommunications industry in the world
2.1.1 Market scale
2.1.2 Internet
2.1.3 Mobile phones
2.1.4 Landline phones
2.2 Current status of Vietnam telecommunications industry
2.2.1 History of the industry
2.2.2 Telecommunications market scale and infrastructure
Market scale
Internet
Mobile phones
Landline phones
2.2.3 Competitive analysis
2.3 Issues in industry development
Industry risks
SWOT analysis
Industry development trends
2.4 Industry planning
Industry planning
Forecast
Recommendations
3. ENTERPRISE ANALYSIS
3.1 VNPT
3.2 VNPT – VinaPhone
3.3 Viettel
3.4 MobiFone
3.5 Evaluation of the top three business results
LIST OF TABLES
Table 1: The situation of MNP service implementation is up to the end of April 2019
Table 2: Turnover by service constitutes of businesses, 2015
Table 3: Comparison among 4G package prices from typical operators, 2018
Table 4: Comparison among internet prices from typical operators, 2018
Table 1: The situation of MNP service implementation is up to the end of April 2019
Table 2: Turnover by service constitutes of businesses, 2015
Table 3: Comparison among 4G package prices from typical operators, 2018
Table 4: Comparison among internet prices from typical operators, 2018
LIST OF FIGURES
Figure 1: Revenue from typical businesses, 2014 – 2018e
Figure 2: GDP growth rate by quarter, 2015 – 2018
Figure 3: Market scale of electronics retail in Vietnam by quarter, Q1/2015 – Q4/2018
Figure 4: Population pyramid, 2018
Figure 5: Rate of urbanization, 2012 – 2017
Figure 6: World Telecommunication Market Revenue, 2005 – 2017e
Figure 7: Telecommunications market revenue by region, 2012 - 2019f
Figure 8: Number of internet users in the world, 2005 - 2018
Figure 9: Number of internet users by region, 2010 - 2017
Figure 10: Mobile broadband penetration rate by region, 2012-2018
Figure 11: Number of Internet subscribers in Asia-Pacific region, 2005 – 2017
Figure 12: Number of fixed broadband Internet subscribers worldwide, 2009 – 2018
Figure 13: Fixed broadband penetration, 2008 - 20118
Figure 14: The number of fixed broadband subscribers in Asia Pacific, 2008 - 2018
Figure 15: Fixed broadband penetration rates by region, 2010 – 2017e
Figure 16: Number of mobile broadband subscribers in the world, 2010 - 2018
Figure 17: Number of mobile broadband subscribers by region, 2010 - 2018
Figure 18: The number of mobile broadband connections in Asia-Pacific, 2010 - 2018
Figure 19: The penetration rate of 2G, 3G, 4G networks in the world, 2008 - 2020f
Figure 20: Internet penetration rate in Southeast Asia, 2016
Figure 21: 2G, 3G and 4G wireless penetration in Asia Pacific, 2008 - 2020f
Figure 22: Internet charges/income per capita by country group, 2015
Figure 23: Number of mobile subscribers in the world, 2008 - 2018
Figure 24: Mobile phone penetration rates and subscribers worldwide, 2010 - 2018
Figure 25: Mobile subscribers in Asia Pacific, 2008 - 2018
Figure 26: Mobile penetration per 100 people by region, 2014 - 2018
Figure 27: Top 25 telecom operators that have the highest revenue, 2018
Figure 28: Number of subscribers and fixed service penetration, 2005 - 2018
Figure 29: Landline phone service penetration rate by country group, 2005 - 2016e
Figure 30: Total landline phone subscribers by region, 2005 - 2018
Figure 31: Penetration rate per 100 people by region, 2005 - 2017
Figure 32: Top 10 countries that have the highest indicators of information technology and communication development in the world, 2017
Figure 33: Top 10 countries that have the highest indicators of information technology and communication development in Southeast Asia, 2017
Figure 34: Telecoms revenue, 2013 – Q1/2019
Figure 35: FDI attraction by sector, Q1/2019
Figure 36: Number of internet users, 2010 – 3/2019
Figure 37: Revenue from Internet, 2010 – Q1/2019
Figure 38: Number of fixed broadband internet subscribers and 3G mobile network, 2013 – 3/2019
Figure 39: Market share (subscribers) of broadband Internet service, 2017e
Figure 40: Subscriber structure of fixed broadband internet by channel, Q1/2019
Figure 41: Market share under FTTH internet subscribers, 2017e
Figure 42: Market share under xDSL internet subscribers, 2017e
Figure 43: Total Internet connection in domestic and international, 2010 – 2018e
Figure 44: 2G and 3G subscribers, 2011 – 3/2019
Figure 45: Market share by subscribers of 2G services of enterprises, 2013-2018e
Figure 46: Market share by 3G service subscriber of enterprises, 2013-2018e
Figure 47: Number of 2G and 3G BTS stations, 2016-2017e
Figure 48: Speed of 4G in some countries, 2018
Figure 49: Quality of 4G services of main telecom operators, 2018
Figure 50: 3G & 4G universality in some countries, 2018
Figure 51: Time to use wifi in some countries, 2016
Figure 52: Mobile market, 2013 – 3/2019
Figure 53: Revenue from mobile services, 2010 – Q1/2019
Figure 54: Market share (subscribers) by businesses, 2018e
Figure 55: Number of mobile subscribers by business, 2014 - 2018e
Figure 56: Revenue of Landline phone, 2010 – 2018e
Figure 57: Number of landline subscribers, 2011 – 2018e
Figure 58: Market share (subscription) of landline phone service, 2014-2016
Figure 59: Landline subscriber rate per 100 people, 2006 - 2018
Figure 60: Number of new and outgoing subscribers, 2015
Figure 61: Forecast for telecommunication subscriber growth, 2010-2020f
Figure 62: Revenue from typical businesses, 2014 – 2018e
Figure 63: Pre-tax profit of typical enterprises, 2014 – 2018e
Figure 1: Revenue from typical businesses, 2014 – 2018e
Figure 2: GDP growth rate by quarter, 2015 – 2018
Figure 3: Market scale of electronics retail in Vietnam by quarter, Q1/2015 – Q4/2018
Figure 4: Population pyramid, 2018
Figure 5: Rate of urbanization, 2012 – 2017
Figure 6: World Telecommunication Market Revenue, 2005 – 2017e
Figure 7: Telecommunications market revenue by region, 2012 - 2019f
Figure 8: Number of internet users in the world, 2005 - 2018
Figure 9: Number of internet users by region, 2010 - 2017
Figure 10: Mobile broadband penetration rate by region, 2012-2018
Figure 11: Number of Internet subscribers in Asia-Pacific region, 2005 – 2017
Figure 12: Number of fixed broadband Internet subscribers worldwide, 2009 – 2018
Figure 13: Fixed broadband penetration, 2008 - 20118
Figure 14: The number of fixed broadband subscribers in Asia Pacific, 2008 - 2018
Figure 15: Fixed broadband penetration rates by region, 2010 – 2017e
Figure 16: Number of mobile broadband subscribers in the world, 2010 - 2018
Figure 17: Number of mobile broadband subscribers by region, 2010 - 2018
Figure 18: The number of mobile broadband connections in Asia-Pacific, 2010 - 2018
Figure 19: The penetration rate of 2G, 3G, 4G networks in the world, 2008 - 2020f
Figure 20: Internet penetration rate in Southeast Asia, 2016
Figure 21: 2G, 3G and 4G wireless penetration in Asia Pacific, 2008 - 2020f
Figure 22: Internet charges/income per capita by country group, 2015
Figure 23: Number of mobile subscribers in the world, 2008 - 2018
Figure 24: Mobile phone penetration rates and subscribers worldwide, 2010 - 2018
Figure 25: Mobile subscribers in Asia Pacific, 2008 - 2018
Figure 26: Mobile penetration per 100 people by region, 2014 - 2018
Figure 27: Top 25 telecom operators that have the highest revenue, 2018
Figure 28: Number of subscribers and fixed service penetration, 2005 - 2018
Figure 29: Landline phone service penetration rate by country group, 2005 - 2016e
Figure 30: Total landline phone subscribers by region, 2005 - 2018
Figure 31: Penetration rate per 100 people by region, 2005 - 2017
Figure 32: Top 10 countries that have the highest indicators of information technology and communication development in the world, 2017
Figure 33: Top 10 countries that have the highest indicators of information technology and communication development in Southeast Asia, 2017
Figure 34: Telecoms revenue, 2013 – Q1/2019
Figure 35: FDI attraction by sector, Q1/2019
Figure 36: Number of internet users, 2010 – 3/2019
Figure 37: Revenue from Internet, 2010 – Q1/2019
Figure 38: Number of fixed broadband internet subscribers and 3G mobile network, 2013 – 3/2019
Figure 39: Market share (subscribers) of broadband Internet service, 2017e
Figure 40: Subscriber structure of fixed broadband internet by channel, Q1/2019
Figure 41: Market share under FTTH internet subscribers, 2017e
Figure 42: Market share under xDSL internet subscribers, 2017e
Figure 43: Total Internet connection in domestic and international, 2010 – 2018e
Figure 44: 2G and 3G subscribers, 2011 – 3/2019
Figure 45: Market share by subscribers of 2G services of enterprises, 2013-2018e
Figure 46: Market share by 3G service subscriber of enterprises, 2013-2018e
Figure 47: Number of 2G and 3G BTS stations, 2016-2017e
Figure 48: Speed of 4G in some countries, 2018
Figure 49: Quality of 4G services of main telecom operators, 2018
Figure 50: 3G & 4G universality in some countries, 2018
Figure 51: Time to use wifi in some countries, 2016
Figure 52: Mobile market, 2013 – 3/2019
Figure 53: Revenue from mobile services, 2010 – Q1/2019
Figure 54: Market share (subscribers) by businesses, 2018e
Figure 55: Number of mobile subscribers by business, 2014 - 2018e
Figure 56: Revenue of Landline phone, 2010 – 2018e
Figure 57: Number of landline subscribers, 2011 – 2018e
Figure 58: Market share (subscription) of landline phone service, 2014-2016
Figure 59: Landline subscriber rate per 100 people, 2006 - 2018
Figure 60: Number of new and outgoing subscribers, 2015
Figure 61: Forecast for telecommunication subscriber growth, 2010-2020f
Figure 62: Revenue from typical businesses, 2014 – 2018e
Figure 63: Pre-tax profit of typical enterprises, 2014 – 2018e
