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Business

Vietnam telecom market posts strong growth

Operators aiming to provide 4G services nationwide by end of year

HO CHI MINH CITY -- Vietnam's telecom market posted a 127% increase in total revenues to 213 trillion dong ($9.38 billion) during the first half of 2017, with major contributions from Viettel, with 55% of industry revenues, Vietnam Posts and Telecommunications Group (31%), and Mobifone (9.9%).

Telecoms groups reported double-digit revenue growth, helped by subscribers moving from 2G to 3G services, as well as providers' newly deployed 4G services.

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