Vietnam Blockchain in Telecom Market 2033

Vietnam Blockchain in Telecom Market Size, Share, Trends and Forecast by Provider, Organization Size, Application, and Region, 2025-2033

Report Format: PDF+Excel | Report ID: SR112025A42708

Vietnam Blockchain in Telecom Market Overview:

The Vietnam Blockchain in Telecom market size reached USD 4.28 Million in 2024. The market is projected to reach USD 138.72 Million by 2033, exhibiting a growth rate (CAGR) of 47.18% during 2025-2033. The market is propelled by government-led digital infrastructure modernization initiatives including Vietnam's National Strategy for Blockchain Application and Development, the rapid deployment of 5G networks and comprehensive telecom infrastructure transformation across the country and increasing enterprise blockchain integration for enhanced security and operational efficiency in telecom processes. These factors are collectively expanding the Vietnam blockchain in telecom market share.

Report Attribute	Key Statistics
Base Year	2024
Forecast Years	2025-2033
Historical Years	2019-2024
Market Size in 2024	USD 4.28 Million
Market Forecast in 2033	USD 138.72 Million
Market Growth Rate 2025-2033	47.18%

Vietnam Blockchain in Telecom Market Trends:

Government-Led Digital Infrastructure Modernization

The sector is experiencing unprecedented growth driven by comprehensive government initiatives and strategic national policies. The Vietnamese government issued Decision No. 1236/QD-TTg in October 2024, providing the National Strategy for Blockchain Application and Development to 2025, with Vision to 2030, demonstrating the administration's commitment to positioning Vietnam as a regional blockchain technology leader. This strategic framework aims to establish Vietnam among the leading nations in the region while securing an international position in the blockchain industry by 2030. The government's digital infrastructure strategy emphasizes the nationwide deployment of 5G networks across all localities, high-tech zones, research and development centers, industrial parks, stations, ports, and international airports, with comprehensive population coverage targeted by 2030. Additionally, regulatory sandboxes in fintech and blockchain offer controlled test beds for new products, balancing innovation with financial-stability safeguards. At the same time, strengthened intellectual property protection encourages multinationals to locate design centers and transfer advanced know-how to local partners. In June 2015, the National Assembly passed the Digital Technology Industry Law, which will form the foundational legal infrastructure to bolster the burgeoning blockchain industry and create clear operational frameworks for telecommunications providers integrating blockchain technologies.

5G Network Deployment and Infrastructure Transformation

The rapid deployment of 5G networks across Vietnam is fundamentally transforming the telecommunications landscape and creating substantial opportunities for blockchain integration within operational and business support systems. Vietnam's digital economy is expanding rapidly, with over 70 million internet users as of 2024, according to the Ministry of Information and Communications, driving increased demand for secure, scalable, and transparent telecommunications infrastructure. The country’s strategy for strengthening telecommunications and internet infrastructure emphasizes the rollout of 5G networks, with priority given to expanding coverage and improving service quality in key regions. In parallel, it seeks to accelerate the adoption of advanced technologies such as artificial intelligence (AI), blockchain, and the Internet of Things (IoT) to support automation and digital transformation across economic and social sectors. Additionally, the plan targets an average internet speed of 100 Mbps by 2025 and nationwide 5G coverage by 2030. State-owned operators account for more than 95% of communications infrastructure, using this scale to extend into cloud hosting, cybersecurity, and digital services bundles that increasingly incorporate blockchain technologies. The increasing openness to multi-vendor ecosystems reduces vendor lock-in and spurs innovation in blockchain-based solutions for network management, security, and operational efficiency. This digital transformation creates significant opportunities for Vietnam blockchain in telecom market growth as telecommunications providers seek advanced technologies to manage complex 5G networks, ensure data integrity, and provide secure, automated services to enterprise and consumer customers.

Vietnam Blockchain in Telecom Market Segmentation:

IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the country and regional levels for 2025-2033. Our report has categorized the market based on provider, organization size, and application.

Provider Insights:

Application Providers
Middleware Providers
Infrastructure Providers

The report has provided a detailed breakup and analysis of the market based on provider. This includes application providers, middleware providers, and infrastructure providers.

Organization Size Insights:

Small and Medium Enterprises
Large Enterprises

A detailed breakup and analysis of the market based on organization size have also been provided in the report. This includes small and medium enterprises and large enterprises.

Application Insights:

OSS/BSS Processes
Identity Management
Payments
Smart Contracts
Connectivity Provisioning
Others

A detailed breakup and analysis of the market based on application have also been provided in the report. This includes OSS/BSS processes, identity management, payments, smart contracts, connectivity provisioning, and others.

Regional Insights:

Northern Vietnam
Central Vietnam
Southern Vietnam

The report has also provided a comprehensive analysis of all the major regional markets, which include Northern Vietnam, Central Vietnam, and Southern Vietnam.

Competitive Landscape:

The market research report has also provided a comprehensive analysis of the competitive landscape. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.

Vietnam Blockchain in Telecom Market News:

September 2025: KuCoin signed a strategic Memorandum of Understanding with the Vietnam Blockchain and Digital Assets Association (VBA) and 1Matrix to accelerate blockchain infrastructure, advance digital asset applications, and promote digital economic growth in Vietnam. The partnership focuses on creating pilot trading platforms, digital payment solutions, electronic identity systems, and international-standard risk management tools, all aligned with Vietnam's National Blockchain Strategy (2025-2030).
April 2025: Vietnam’s major mobile network operator, Mobifone, Viettel, and VNPT—have entered into a Memorandum of Understanding under the GSMA Open Gateway initiative. The collaboration is designed to strengthen measures against online fraud, improve identity verification processes, and promote the development of a more secure and innovative digital ecosystem in the country.

Vietnam Blockchain in Telecom Market Report Coverage:

Report Features	Details
Base Year of the Analysis	2024
Historical Period	2019-2024
Forecast Period	2025-2033
Units	Million USD
Scope of the Report	Exploration of Historical Trends and Market Outlook, Industry Catalysts and Challenges, Segment-Wise Historical and Future Market Assessment: Provider Organization Size Application Region
Providers Covered	Application Providers, Middleware Providers, Infrastructure Providers
Organization Sizes Covered	Small and Medium Enterprises, Large Enterprises
Applications Covered	OSS/BSS Processes, Identity Management, Payments, Smart Contracts, Connectivity Provisioning, Others
Regions Covered	Northern Vietnam, Central Vietnam, Southern Vietnam
Customization Scope	10% Free Customization
Post-Sale Analyst Support	10-12 Weeks
Delivery Format	PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

Key Questions Answered in This Report:

How has the Vietnam blockchain in telecom market performed so far and how will it perform in the coming years?
What is the breakup of the Vietnam blockchain in telecom market on the basis of provider?
What is the breakup of the Vietnam blockchain in telecom market on the basis of organization size?
What is the breakup of the Vietnam blockchain in telecom market on the basis of application?
What is the breakup of the Vietnam blockchain in telecom market on the basis of region?
What are the various stages in the value chain of the Vietnam blockchain in telecom market?
What are the key driving factors and challenges in the Vietnam blockchain in telecom market?
What is the structure of the Vietnam blockchain in telecom market and who are the key players?
What is the degree of competition in the Vietnam blockchain in telecom market?

Key Benefits for Stakeholders:

IMARC's industry report offers a comprehensive quantitative analysis of various market segments, historical and current market trends, market forecasts, and dynamics of the Vietnam blockchain in telecom market from 2019-2033.
The research report provides the latest information on the market drivers, challenges, and opportunities in the Vietnam blockchain in telecom market.
Porter's five forces analysis assist stakeholders in assessing the impact of new entrants, competitive rivalry, supplier power, buyer power, and the threat of substitution. It helps stakeholders to analyze the level of competition within the Vietnam blockchain in telecom industry and its attractiveness.
Competitive landscape allows stakeholders to understand their competitive environment and provides an insight into the current positions of key players in the market.

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