Vietnam Consumer Electronics Report Q1 2014: New Research Report Available at Fast Market Research
Vietnam's consumer electronics market has a bright outlook as rising incomes and falling average device prices in key segments catalyse strong growth in demand. We estimate spending grew by 18.5% in US dollar terms in 2013 to US$6.1bn and we have a positive outlook for the medium term. The country's vast, underpenetrated rural market offers the greatest growth potential, while Hanoi and Ho Chi Minh City accounted for most sales in 2013. Growth areas include smartphones, particularly low-cost devices from...
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