New Market Research Report: Vietnam Information Technology Report Q3 2013
We forecast IT spending will increase by 17.6% in 2013 to reach a total value of VND62,082bn (US$2.97bn). This is a slight downgrade from the Q213 update on the basis of a slightly weaker economic environment, however, the macroeconomic environment remains supportive of fast IT market growth over the medium term. Household PC penetration remains low, meaning an opportunity for vendors to record sales growth over the medium term as incomes rise. Meanwhile, a range of government ICT initiatives and...
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