Top MVNO Companies in Vietnam - Compare Top Operators in the Country

Top Companies in Vietnam MVNO Market Overview

Over the years, the Vietnam MVNO market is emerging as a structured and competitive segment within the country as Vietnam has a fast-growing telecommunications ecosystem. Mobile Virtual Network Operators in Vietnam are providing mobile communication services by renting the network infrastructure from major Mobile Network Operators for example, Viettel, VinaPhone (VNPT), and MobiFone. As Vietnam is set to experience strong smartphone penetration, rising internet usage, and growing demand for affordable mobile services, MVNO adoption is gradually gaining traction. Further, mobile banking, online education, the rapid growth of e-commerce, and digital entertainment has supported the expansion of MVNO services.

Best Brands in the Vietnam MVNO Market

Below are some well-known MVNO brands with their focus areas and strengths:

Brand Best For Strength
Gmobile MVNO Value seekers Inexpensive pricing models
VNSky Mobile Tech-oriented users Tailored service packages
Local MVNO Startups Niche segments Personalized mobile services
iTel Mobile Budget users Affordable prepaid plans
Reddi Young users Simple plans and digital-first services
Mobicast Data-focused users Flexible data offerings
ASIM Telecom International travellers Global connectivity options
Dong Duong Telecom Enterprise users Business-focused mobile solutions

Why MVNOs Matter in Vietnam

MVNOs plays an important role in Vietnam as this service are affordable and flexible mobile communication options in a rapidly digitalizing economy. These operators mainly support students, freelancers, small businesses, and low-income users who seek reliable mobile connectivity at lower costs. MVNOs also allow users easier access for digital payments, online shopping platforms, remote learning, telehealth services, and IoT-based applications. As Vietnam is set to emphasize their focus on smart cities, digital government services, and Industry 4.0 initiatives, MVNOs contribute to market diversity, service innovation, and user-centric telecom solutions.

List of Top 5 Companies in Vietnam MVNO Market

The landscape of Vietnam MVNO Market is moderately competitive with the presence of the following companies:

  • iTel (Indochina Telecom)
  • Wintel (Mobicast/Masan Group)
  • myLocal (ASIM Telecom)
  • VNSKY (VNPAY)
  • FPT SIM (FPT Retail)
  • SkyX (Leeon Group) 

Most Common application of MVNO Services in Vietnam

MVNO services are used across multiple consumer and business segments:

Service Category Primary Usage
MVNO for Budget Users Affordable mobile communication
MVNO for Students Low-cost voice and data plans
MVNO for Families Multi-user and prepaid packages
MVNO for Enterprises Business communication support
MVNO for Digital Services Mobile payments and online platforms
MVNO for IoT Applications Smart devices and monitoring
MVNO for Rural Users Expanded mobile access

An In-depth Comparison of MVNO Service Levels

Below is a comparison of different MVNO service levels based on user requirements:

Feature Entry-Level MVNO Standard MVNO Advanced MVNO
Service Scope Voice and limited data Voice, data, and add-ons Enterprise and IoT solutions
Security Basic protection Enhanced data controls High compliance standards
Pricing Low-cost plan Balanced pricing Premium service models
Target Users Individual users SMEs and professionals Corporates and institutions
Technology Use Shared network access Optimized integration Advanced digital platforms
Service Stability Moderate Strong Very high

Below is the list of ratings and performance of top companies: A comprehensive rating and performance breakdown

I
★★★★★ 4.7

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W
★★★★★ 4.6

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M
★★★★★ 4.5

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V
★★★★☆ 4.2

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FS
★★★★★ 4.6

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S
★★★★☆ 4.4

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Top Companies in Vietnam MVNO Market 2026 - FAQs

iTel Mobile, Reddi, ASIM Telecom, and Dong Duong Telecom are among the popular MVNO companies.

Market competition, pricing pressure, network dependency, and brand recognition remain main challenges for MVNO operators.

MVNOs companies have offered voice services, mobile data plans, prepaid connectivity, enterprise communication solutions, and IoT services.

Companies are majorly focused on digital platforms, flexible prepaid plans, affordable pricing, and targeted services for specific user groups.