Vietnam PC Market to Soar 30 per cent in 2008

11:48:28 AM | 4/7/2008

The Vietnamese personal computer (PC) market will see growth rate of 30 per cent this year thanks to the country’s solid economic fundamentals and growing public awareness and interest in information technology (IT), global provider of market research IDC has forecast.
 
“Lower PC prices and diverse product offerings will draw more consumers, who are looking for different product functions and eye-catching designs,” said IDC market research analyst Pham Viet Tien.
 
Tien, however, admitted that though GDP growth is high, drastic changes in the local stock markets, or even inflation, might hurt the PC market.
 
The government has become ever more cautious about its IT upgrading plans after the 112 project fiasco and may tighten its investments in PCs, he added.
 
Last year, Vietnam imported around 1.4 million PCs, an on-year increase of 41 per cent, according to figures from IT consulting and market research firm IDC Vietnam.
 
HP was the top selling PC brand in Vietnam last year thanks to several projects won from the government sector and a competitive strategy to target the desktop and laptop markets in Vietnam. The followings were Acer and Lenovo.
 
Vietnam is forecast to buy up to 320,000 laptops worth US$336 million in 2008, up from 180,000 units last year. (Investment)