Vietnamplus

Vietnam’s smartphone market has seen a number of new names this year, besides Samsung, Oppo and Apple which have been dominant in the market for many years.

The mobile phone retail business is believed to be saturated and will continue to face difficulties in growth.

Samsung Electronics Co. recaptured the top spot in the Southeast Asian smartphone market in the first quarter of the year by edging out its Chinese rivals, according to a recent Counterpoint Research report.

Electronic and computing retailer Digiworld Corporation has estimated that its first-quarter revenue and post-tax profit increased 63 percent and nearly 80 percent year-on-year.

Phones made by local manufacturer Vsmart have surpassed those of US giant Apple, in terms of retail revenue in the Vietnamese market in January.

Indonesia has issued a new regulation requiring all smartphones stamped with a unique international mobile equipment identity (IMEI) to be registered on the government database in an attempt to curb illegal smartphone imports.

Major dealers such as CellphoneS, Mobile World said that Huawei’s smartphone sales are still normal and they will have the best policies for customers.

Vietnam has leapt to become Southeast Asia’s top grossing market for initial public offerings (IPO) in 2018 with total proceeds of 2.6 billion USD.

Vietnam, ranked among the world's top 30 retail markets with the best opportunities by A.T. Kearney, continues to prove its attractiveness his year.