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Post and telecommunications costs in Vietnam fall in February: CPI data

Post and telecommunications costs in Vietnam decreased by 0.03 percent in February, with smart mobile phone and tablet accessories down by 0.75 percent, regular mobile phones falling by 0.12 percent, and landline telephones decreasing by 0.04 percent, according to Vietnam’s Consumer Price Index.

Although device prices generally declined, phone repair services increased by 0.5 percent and the prices of smart mobile phones and tablets rose by 0.29 percent, indicating mixed market dynamics within the sector.

Post and telecommunications costs in Vietnam are generally affordable, with a variety of options available for both local and international services. The sector has developed rapidly, driven by improvements in infrastructure, increased competition, and growing demand for digital services.

Postal services in Vietnam, provided primarily by Vietnam Post, offer competitive rates for both domestic and international mail. Sending a letter or small package domestically is relatively inexpensive, with costs varying depending on the size and weight of the item. International shipping is more expensive, especially for larger packages or express delivery services. Vietnam Post has also introduced additional services such as e-commerce logistics, allowing online retailers to offer efficient delivery options.

Telecommunications costs, including mobile phone services, internet, and landline connections, are also quite affordable. The country has a competitive mobile phone market, with several providers like Viettel, Vinaphone, and Mobifone offering a range of prepaid and postpaid plans. These plans typically include talk time, data, and text messaging, with many low-cost options for basic users and more comprehensive packages for heavy data users.

Broadband internet costs are competitive, with various service providers offering plans based on speed and coverage. While prices can vary by location and service provider, internet access in urban areas is generally affordable, with fiber-optic services providing high-speed internet at reasonable rates. Rural areas may face slightly higher costs due to infrastructure limitations, but overall, internet accessibility is improving across the country.

Overall, post and telecommunications costs in Vietnam are generally low, making it accessible for most consumers. The expanding digital infrastructure and the competitive market environment continue to drive affordability in both postal and telecommunication services.

See also: Information Communications Technology in Vietnam

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