[cols]

99.16M:

Population

(estimated)

---COLUMN---

124.1M

Mobile Connections

EoY 2023

---COLUMN---

122.12%

Mobile Penetration

EoY 2023

---COLUMN---

VND 80.000

Avg. Mobile ARPU

About $3.4

[/cols]

‍

At the end of 2023, Vietnam had 124,1 million mobile connections divided between:

[cols]

4

MNOs

EoY 2023

---COLUMN---

5

Mobile Penetration

EoY 2023

---COLUMN---

2.65M

MVNO Subscribers

As of June 2023

---COLUMN---

2.1%

MVNO Market Share

As of June 2023

[/cols]

At the end of 2023, Vietnam had 124,1 million mobile connections divided between:

[cols]

---COLUMN---

---COLUMN---

---COLUMN---

[/cols]

Number of active mobile phone subscribers using Voice and SMS:

[cols]

---COLUMN---

---COLUMN---

[/cols]

Number of active mobile phone subscribers using Data:

[cols]

---COLUMN---

---COLUMN---

[/cols]

Mobile data usage  / per subscriber per month: ^13.07GB‍

MVNOs in Vietnam

At the end of year 2023, the Ministry of Information and Communications (MIC) had licensed five MVNOs in Vietnam:

‍

[cols]

MVNO iTel

Company: Indochina Telecom

Existing Assets: Energy, Real Estate, Retail

Launched: 04/2019

Host MNO: Vinaphone

---COLUMN---

MVNO Wintel

Company: Mobicast/Masan Group

Existing Assets: FMCG/Supermarket chain

Launched: 04/2019

Host MNO: Vinaphone

---COLUMN---

MVNO myLocal

Company: ASIM Telecom

Existing Assets: “Super App”, OTT, Travel

Launched: 05/2021

Host MNO: MobiFone

[/cols]

[cols]

MVNO VNSKY

Company: VNPAY

Existing Assets: Fintech, Food & Beverage, Travel, Bank App

Launched: 05/2023

Host MNO: MobiFone

---COLUMN---

MVNO FPT SIM

Company: FRT

Existing Assets: Retail, ICT, OTT, Education, E-commerce

Soft Launched: 11/2023

Host MNO: MobiFone

[/cols]

According to the Department of Telecommunications under the Ministry of Information and Communications (MIC), the number of active subscribers connected to Vietnam’s three (now five) mobile virtual network operators (MVNO), in June 2023 was 2.65 million, accounting for 2.1% of the total number of subscribers in the country.

The numbers represent an increase of 410,000 subscribers (+18.30%) in just two months, since the end of April 2023 release from MIC where the subscribers stood at 2.24 million, accounting for 1.74% of the total market.

On average, about 1.5 million new SIM subscriptions are sold in the market on a monthly basis. Of these, the three traditional operators; Viettel, VNPT, and MobiFone account for about 85% (1.275.000) of the new subscribers with the remaining 15% (225.000) going to Vietnam mobile and the MVNOs.

[cols]

2.43M

MVNO Itel

(Indochina Telecom)

Energy, Real Estate and Retail

Subscribers

(estimated)

---COLUMN---

122,500

MVNO Wintel

(Mobicast/Masan Group)

FMCG/Supermarket chain

Subscribers

As of Q1 2023

Launched: 04/2019

Host MNO: Vinaphone

---COLUMN---

102K

MVNO myLocal

(ASIM Telecom)

“Super App”, OTT TV, Travel

Mobile Subscribers (estimated)

Launched: 05/2021

Host MNO: MobiFone

---COLUMN---

3K

MVNO VNSKY

(VNPAY)

Fintech, F&B, Travel, Bank App

Subscribers (estimated)

Launched: 05/2023

Host MNO: MobiFone

[/cols]

The majority of the 2.65 million subscribers back in June were with the MVNO Itel, which was the first MVNO to launch in Vietnam in 2019, while the MVNO Wintel (formerly Reddi) announced 122,500 subscriptions in 1Q23.

The rest was with the MVNO myLocal (ASIM Telecom), as the MVNO VNSKY was launched on May 23, 2023, and thus not part of the June reporting.