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Vietnamís Mobile Revolution Catapults Millions Into the Digital Age
Internet penetration has grown to 44% of the communist stateís 90 million people from 12% a decade ago. Much of that is driven by smartphones, which are used by more than a third of the population.
This mobile-first expansion is powering a range of online services, many of which are showing their first signs of serious growth, such as mobile e-commerce. A Vietnamese government agency forecasts the market for e-commerce will generate revenue of $4 billion this year compared with $700 million in 2012.