Vietnamese Top 10 Video Streaming Companies

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Created at Jan 07, 2026 03:52:01
Updated at Jan 08, 2026 08:06:37

Population, Household and Demographics

Vietnam's population continues to grow, making it one of the most populous nations in Southeast Asia. The demographic landscape is characterized by:

Population Size: As of mid-2024, Vietnam's population is estimated to be approximately 100 million people.
Urbanization: There is a significant and ongoing trend of urbanization. While a substantial portion of the population still resides in rural areas, cities like Ho Chi Minh City and Hanoi are experiencing rapid growth, attracting migrants from rural regions seeking economic opportunities. The urban population accounts for over 40% and is projected to increase further.
Age Structure: Vietnam has historically benefited from a young and abundant workforce, often referred to as a "golden population" structure. However, the country is experiencing a rapid demographic shift towards an aging population. Birth rates have declined, and life expectancy has increased, leading to a growing proportion of elderly individuals relative to the working-age population.
Household Size: The average household size has been steadily decreasing over the past decades. This trend is influenced by urbanization, changing social norms, smaller family sizes, and a move towards nuclear families rather than extended families living under one roof.
Ethnic Diversity: Vietnam is home to 54 recognized ethnic groups, with the Kinh (Viet) majority accounting for approximately 86% of the population. The remaining 53 ethnic minority groups, though smaller in number, contribute significantly to the cultural diversity of the nation.

Internet and Digital Usage

Vietnam has a highly connected population with robust internet and digital adoption rates, driving its digital economy forward.

Internet Penetration: Internet usage is widespread, with penetration rates often exceeding 75-80% of the population. Mobile internet access is particularly dominant, with smartphones being the primary device for accessing the internet for a vast majority of users.
Social Media Usage: Vietnamese users are highly active on social media platforms. Popular platforms include Facebook, Zalo (a local messaging app that is also a super app), and TikTok. Social media is extensively used for communication, entertainment, news consumption, and increasingly, for e-commerce and business.
Smartphone Adoption: Smartphone penetration is exceptionally high, nearing or exceeding 90% among adults. This widespread access fuels digital engagement across various sectors.
E-commerce Growth: The e-commerce market is experiencing rapid expansion, driven by increasing internet access, digital payment adoption, and a young, tech-savvy consumer base. Major local and regional e-commerce platforms like Shopee, Lazada, and Tiki dominate the market.
Digital Payments: There is a significant shift towards digital payment methods, including mobile wallets, QR code payments, and online banking. While cash remains prevalent, the convenience and incentives associated with digital payments are accelerating their adoption, especially in urban areas and among younger demographics.
Digital Economy: Vietnam's digital economy is a key growth driver, encompassing e-commerce, online travel, digital media, and ride-hailing/food delivery services. The government has prioritized digital transformation as a national strategy.

Current Exchange Rate

The official currency of Vietnam is the Vietnamese Đồng (VND). The exchange rate of the VND against major international currencies, particularly the United States Dollar (USD), is a key economic indicator.

USD to VND Exchange Rate: As of mid-2024, the exchange rate for the US Dollar (USD) to Vietnamese Đồng (VND) typically hovers around 1 USD = 24,000 – 25,500 VND.
Stability and Management: The State Bank of Vietnam (SBV) manages the VND's exchange rate, often employing a relatively flexible but managed float regime against a basket of currencies, with a strong emphasis on the USD. The SBV intervenes in the foreign exchange market to stabilize the currency and manage inflation.
Recent Trends: The VND has experienced some depreciation pressures in recent years, influenced by global economic shifts, interest rate differentials, and trade dynamics. However, the SBV has generally aimed to maintain a relatively stable currency to support export competitiveness and control inflation.