Vietnam OOH And DOOH Market Size and Share
Vietnam OOH And DOOH Market Analysis by Mordor Intelligence
The Vietnam OOH and DOOH advertising market size is estimated at USD 96.97 million in 2025 and is on course to reach USD 118.96 million by 2030, supported by a steady 4.17% CAGR during 2025-2030. Rising urban income, strong GDP momentum, and rapid digital connectivity underpin this advance, even as fragmented permitting and tropical operating costs temper the pace. Advertisers are gravitating toward data-rich digital screens in Ho Chi Minh City and Hanoi, while static formats retain resilience in secondary cities. Airport, metro, and convenience-store build-outs are unlocking fresh inventory, and programmatic trading is narrowing the measurability gap with online channels gso.gov.vn [1]General Statistics Office, “Socio-Economic Situation Q1 2025,” gso.gov.vn
Key Report Takeaways
- By type, Static OOH led with 65% revenue share in 2024; Digital OOH is projected to expand at a 7.5% CAGR through 2030.
- By format, billboards held 50.2% of Vietnam OOH and DOOH advertising market share in 2024, while transit media recorded the fastest growth at a 6.8% CAGR to 2030.
- By location environment, outdoor roadside commanded 48.6% share of the Vietnam OOH and DOOH advertising market size in 2024; semi-outdoor retail/mall interiors will rise at an 8.3% CAGR between 2025-2030.
- By end-user, retail and consumer goods dominated with a 30.4% share in 2024; telecom and technology is expected to post the highest 6.2% CAGR to 2030.
Vietnam OOH And DOOH Market Trends and Insights
Drivers Impact Analysis
| Driver | (~) % Impact on CAGR Forecast | Geographic Relevance | Impact Timeline |
|---|---|---|---|
| Smartphone penetration among urban middle class | +1.2% | Hanoi, Ho Chi Minh City, national spill-over | Short term (≤ 2 years) |
| Government smart-city mandates | +0.9% | 38 provinces, early adopters Hanoi and HCMC | Medium term (2-4 years) |
| Domestic aviation boom | +0.6% | Airports in HCMC, Hanoi, Da Nang | Medium term (2-4 years) |
| Convenience-store expansion | +0.5% | Urban centers nationwide | Short term (≤ 2 years) |
| Foreign FMCG Brand Localization | +0.4% | National, with concentration in urban areas | Short term (≤2 yrs) |
| Programmatic DOOH Adoption | +0.8% | Urban centers with high digital penetration | Medium term (3-4 yrs) |
| Source: Mordor Intelligence | |||
Urban middle-class smartphone penetration enabling interactive DOOH
Rising smartphone ownership is turning formerly static screens into two-way engagement platforms in Hanoi and Ho Chi Minh City. Brands now link quick-response codes and NFC tags to social feeds, enriching campaigns with measurable clicks and shares. Advertisers gain day-part targeting precision by overlaying mobile location data on foot-traffic heat maps. The ‘Yêu lắm Việt Nam’ project illustrates the shift, with nearly 200 NFC-enabled boards that push personalized offers to passers-by and generate real-time analytics on redemption rates.
Government smart-city mandates for digital signage
The Ministry of Construction’s 2025 guidelines require digital displays to be embedded in new urban infrastructure across 38 provinces. Hanoi’s 2030 smart-city blueprint already earmarks intersections, parks, and public buildings for connected screens, easing site approval and ensuring power and fiber back-haul. This top-down policy alignment is dismantling historical permitting bottlenecks and standardizing screen specifications, lowering operator risk and compressing payback periods [2]Ministry of Construction, “Guidelines for Sustainable Smart-City Development 2025,” xaydung.gov.vn.
Domestic aviation boom driving airport media demand
Passenger throughput is projected to grow 9.6% annually as Long Thanh joins Tan Son Nhat and Noi Bai expansions. Extended dwell times at security and boarding areas give premium CPMs to large-format LEDs. Chicilon Media already manages 30 digital screens across key terminals and is rolling out audience-analytics sensors that match creative to flight destinations and passenger demographics, lifting conversion for luxury and travel-retail brands vnexpress.net[4]VietnamPlus, “AEON to Expand to 100 Stores by 2030,” vietnamplus.vn
Convenience-store expansion raising street-furniture inventory
Circle K’s 48% store share and the IFC-backed growth of GS25 illustrate the 12% annual climb in small-format retail. These outlets occupy corner plots with standardized facades, making them ideal hosts for 55-inch digital panels that cycle local promos every 30 seconds. The Ministry of Industry and Trade reports fewer zoning hurdles for stores under 500 m², accelerating roll-out and giving media owners predictable pipelines of frontage locations.
Restraints Impact Analysis
| Restraint | (~) % Impact on CAGR Forecast | Geographic Relevance | Impact Timeline |
|---|---|---|---|
| Fragmented municipal permitting | -0.7% | All 63 provinces, greatest in tier-2 cities | Long term (≥ 4 years) |
| Lack of audience-measurement standards | -0.8% | National | Medium term (2-4 years) |
| High Capex & Energy Costs | -0.5% | National, with greater impact in humid southern regions | Medium term (≈3-4 yrs) |
| Source: Mordor Intelligence | |||
Fragmented municipal permitting causes prolonged billboard approvals
Each province maintains distinct filing templates, technical drawings, and public-consultation windows. National campaigns must shuttle paperwork through multiple offices, extending project lead times by three to five months. Proposed Advertising Law amendments under debate in 2025 streamline digital submissions but still leave final sign-off with local departments, locking in administrative complexity. Established players exploit institutional memory and bundled legal services to defend share, raising the bar for newcomers [3] VnExpress, “Chicilon Adds LED Network at Airports,” vnexpress.net
Lack of unified audience-measurement standards weakens ROI proof
Vietnam lacks a consensus metric similar to Visibility Adjusted Contacts adopted in mature markets. Media owners rely on disparate in-house counts or manual traffic surveys, leading to inconsistent post-campaign reports. Buyers therefore discount OOH relative to highly measurable online formats even when recall studies show strong efficacy. Industry associations are lobbying for a single impression methodology, but until formalized, spend growth will trail potential mediapost.com.
Segment Analysis
By Type: Digital transformation reshapes traditional dominance
Static OOH captured 65% of revenue in 2024 thanks to deep penetration across secondary roads. Digital OOH, though smaller in base, is growing at 7.5% and is expected to lift the Vietnam OOH and DOOH advertising market size for digital media to USD 39.1 million by 2030. Programmatic pipes from platforms such as ANTS allow same-day creative swaps and audience retargeting, drawing budgets from fast-moving consumer goods. Declining LED costs and longer panel lifespans offset high humidity maintenance, narrowing TCO gaps with vinyl. Traditional formats remain vital in provinces where fiber backhaul is limited and advertisers favor large surface areas to maximize reach. Brand-safe environments and low fraud risk sustain investment in static billboards for automotive and FMCG launches.
Smartphone-triggered experiential screens in metro stations are attracting telecom and fintech advertisers chasing app installs. NFC-based campaigns generate interaction data that closes attribution loops, elevating CPM benchmarks. Static operators respond by offering bundled packages that include rural wallscapes plus urban digital slots, reinforcing incumbency.
Note: Segment shares of all individual segments available upon report purchase
By Format: Transit media accelerates past traditional billboards
Billboards accounted for 50.2% of 2024 revenue, anchored by legacy roadside networks on National Highways 1 and 13. Transit formats, however, are projected to outpace at 6.8% CAGR, expanding the Vietnam OOH and DOOH advertising market share for transit media to 17.3% by 2030. Metro Line 1 in Ho Chi Minh City and the Bắc Ninh–Nội Bài electric bus corridor add train wraps and interior LCD clusters that enjoy captive viewership. Electric buses offer silent cabins and predictable routes, improving dwell times compared with diesel fleets. Billboards remain dominant where plot availability supports supersize vinyl canvases, especially along ring roads heading to industrial parks.
Advanced lighting on bridges and terminal façades elevates place-based media into premium tiers, commanding hospitality and luxury spend. Digital street furniture tied to 5G nodes provides real-time data feeds, allowing creatives that adapt to weather or traffic.
By Location Environment: Retail spaces outpace traditional roadside
Outdoor roadside screens held 48.6% of revenue in 2024, serving motorists amid growing car ownership. Semi-outdoor retail and mall interiors will grow at an 8.3% CAGR as AEON, Big C, and domestic chains multiply footprints. The Vietnam OOH and DOOH advertising market size for mall media is set to reach USD 15.4 million by 2030, underpinned by climate-controlled footfalls. Retail media owners deploy ceiling-mounted LEDs that retarget shoppers based on loyalty-app data, merging physical and digital commerce. Roadside media still owns frequency-driven brand building, with high recall for soft-drink launches and telco SIM promotions.
Transit hubs—from Ben Thanh underground station’s 45,000 m² concourse to Tan Son Nhat’s T3 terminal—offer premium yields given long wait times. Elevator networks in high-rise residential blocks maintain 92% penetration by Chicilon Media, delivering cost-effective impressions for property developers and insurers.
Note: Segment shares of all individual segments available upon report purchase
By End-User: Technology sector challenges retail dominance
Retail and consumer goods brands booked 30.4% spending in 2024, leaning on OOH to funnel shoppers into stores amid e-commerce competition. Their broad SKU mixes favor mass-reach roadside billboards supplemented by mall screens near POS. Telecom and technology advertisers, however, will register a 6.2% CAGR as 5G roll-outs intensify competition. App-download QR codes on metro pillars drive first-party data acquisition. Automotive brands, buoyed by VinFast’s domestic EV surge, stage nationwide test-drive promotions via highway megaboards. BFSI and healthcare diversify creative to reach newly insured households while entertainment firms synchronize OOH teasers with film release calendars.
Geography Analysis
Ho Chi Minh City generates the lion’s share of spend, fueled by a population of 9.4 million and a metro project that seeds hundreds of interior screens. Hanoi follows, supported by its smart-city plan that mandates digital signage in municipal buildings. Together they account for roughly two-thirds of national DOOH inventory. Central hub Da Nang blends tourism and manufacturing demand, with airport passenger spikes driving LED upgrades in arrivals halls.
Emerging corridors such as the 1,541 km high-speed railway proposed between Hanoi and Ho Chi Minh City promise longitudinal advertising belts. Provincial capitals like Can Tho and Hai Phong rely on static billboards along ring roads where land rental is lower. Convince-store chains bring standardized lightboxes into tier-3 towns, paving the way for gradual DOOH adoption once power stability improves.
Government Resolution 405/2025 sets a Digital Transformation Index for all 63 provinces, potentially accelerating fiber deployment and making rural LED boards viable by late decade. Variations in local advertising bylaws still create cost differentials, but gradual harmonization under the revised Advertising Law is narrowing procedural gaps.
Competitive Landscape
Market structure is moderately concentrated within sub-segments yet fragmented overall. Chicilon Media commands 93% of elevator screens and is expanding into airport LED walls, partnering with VTC Digital to diversify content pipelines. JCDecaux leverages its VIOOH SSP to stream programmatic buys from FMCG and luxury clients, reporting a 61.8% uplift in platform revenue in H1 2024. Domestic firm Bizman Media, fresh from installing 80 roadside LEDs on Võ Nguyên Giáp Boulevard, targets premium corridors linking Hanoi to Nội Bài Airport.
Focus Media Vietnam almost doubled its lift-screen count by March 2025, chasing Chicilon’s leadership by bundling e-commerce coupon integration. VNG Corporation’s Adtima division is studying cross-screen campaigns that synchronize mobile audio with outdoor video, hinting at convergence plays. Capital costs and site control favor incumbents; new entrants pivot toward niche transit or place-based micro-networks to avoid head-to-head clashes with billboard giants.
Strategic moves include airport concessions, data partnerships, and AI-driven content scheduling. Operators increasingly publish third-party audience studies to reassure brands wary of opaque measurement. Hardware vendors collaborate on IP-65-rated cabinets to meet tropical durability needs, a technical edge now central to contract bids.
Vietnam OOH And DOOH Industry Leaders
-
JCDecaux Vietnam Co. Ltd.
-
Goldsun Media Group
-
OOH Media Corporation
-
DatVietVAC Group Holdings
-
Golden Communication Group
- *Disclaimer: Major Players sorted in no particular order
Recent Industry Developments
- May 2025: Vingroup launched the Cần Giờ coastal urban tourism project, Vinhomes Green Paradise, adding 2,870 ha of potential OOH sites near new rail links
- May 2025: Bình Dương accelerated investment in Metro Line 2, creating 23 km of fresh transit media inventory
- April 2025: Chicilon Media shifted its slogan to “The most effective media platform,” signaling a performance-led positioning
- April 2025: Bizman Media deployed 80 LED screens on Võ Nguyên Giáp Boulevard, forming Hanoi’s newest premium corridor
Research Methodology Framework and Report Scope
Market Definitions and Key Coverage
Our study treats the Vietnam out-of-home (OOH) and digital out-of-home (DOOH) market as the gross revenue media owners collect for selling advertising space on roadside billboards, street furniture, transit assets, and networked digital screens that are viewable in public environments. This covers classic printed faces together with digital units running looped or programmatic content across Vietnam's cities and transport hubs.
Scope exclusion: indoor-only digital signage used at retail points of sale is not counted.
Segmentation Overview
- Type
- Static (Traditional) OOH
- Digital OOH
- Programmatic DOOH
- Interactive / Experiential DOOH
- Format
- Billboards
- Transit Media
- Airports
- Urban Rail and Bus
- Street Furniture
- Bus Shelters and Kiosks
- Place-Based Media
- Shopping Malls and Retail Venues
- Office and Commercial Buildings
- Entertainment and Sports Venues
- Location Environment
- Outdoor Roadside
- Transit Hubs (Air, Rail, Bus)
- Semi-Outdoor Retail / Mall Interiors
- Indoor Corporate and Entertainment Venues
- End-User Industry
- Retail and Consumer Goods
- Automotive
- Telecom and Technology
- BFSI
- Healthcare and Pharma
- Entertainment and Media
- Other Industries
Detailed Research Methodology and Data Validation
Primary Research
Mordor analysts held structured discussions with media-owner executives, local planners, creative agencies, and brand marketers across Hanoi, Ho Chi Minh City, and Da Nang. Interviews explored average spot rates, load factors, typical campaign mixes, and the pace of static-to-digital conversion, helping us validate secondary ratios and fine-tune forecast drivers.
Desk Research
We began with publicly available statistics from bodies such as the General Statistics Office of Vietnam, the Ministry of Transport, and Ho Chi Minh City's Department of Culture and Sports, which publish data on urban footfall, vehicle counts, and sign-permit volumes. Trade associations, notably the Vietnam Advertising Association and the Outdoor Advertising Association of Asia, provided spend benchmarks and inventory audits. Company filings, investor decks, and press releases offered price lists and occupancy rates, while news archives on Dow Jones Factiva and D&B Hoovers helped us gauge contract wins and new screen roll-outs. Patent trends pulled from Questel, plus regulatory updates in provincial planning portals, further shaped supply assumptions. These sources are illustrative rather than exhaustive; many additional documents informed data checks and clarifications.
Market-Sizing & Forecasting
A top-down reconstruction of net advertising spending was built from official ad-spend tables and municipal panel inventories, then cross-checked through selective bottom-up supplier roll-ups. Key variables included installed billboard square meters, active digital screen counts, average selling prices, monthly load factors, smartphone-based traffic index growth, and regulatory license issuance. Missing values in bottom-up estimations were gap-filled using median industry coefficients before being stress-tested against primary inputs. For forecasting, a multivariate regression linked panel counts, nominal GDP, and urban population expansion to historical OOH revenue. An ARIMA overlay captured seasonality linked to Tet campaigns.
Data Validation & Update Cycle
Outputs pass a two-step analyst peer review, variance flags trigger source rechecks, and unusual shifts are re-confirmed with interviewees. Reports refresh annually, with interim revisions when material events, such as major concession tenders and price cap changes, occur. A final pre-publication sweep ensures clients receive the latest view.
Why Mordor's Vietnam OOH And DOOH Baseline Inspires Confidence
Published estimates often differ because firms choose distinct scopes, input series, and refresh cadences.
Key gap drivers include whether only digital formats or the full OOH spectrum is counted, use of ad-spend versus media-owner revenue, and the rigor with which local permit data are blended with traffic metrics. Mordor's model combines both static and digital formats, applies city-level audience data, and refreshes annually, yielding a grounded yet current baseline.
Benchmark comparison
| Market Size | Anonymized source | Primary gap driver |
|---|---|---|
| USD 96.97 M (2025) | Mordor Intelligence | - |
| USD 107.50 M (2024) | Global Consultancy A | Digital-only scope inflates value; limited local permit data |
| USD 118.50 M (2025) | Industry Journal B | Top-down spend estimate, no supplier roll-ups or load-factor checks |
In short, by aligning real inventory counts with verified price and occupancy inputs, Mordor delivers a balanced, transparent baseline that decision-makers can reliably trace and replicate.
Key Questions Answered in the Report
What is the current size of the Vietnam OOH and DOOH advertising market?
The market stands at USD 96.97 million in 2025 and is forecast to reach USD 118.96 million by 2030, reflecting a 4.17% CAGR.
Which segment is expanding fastest within the Vietnam OOH and DOOH advertising market?
Digital OOH is the fastest, projected at 7.5% CAGR, thanks to programmatic buying, falling LED costs, and government smart-city mandates.
How do fragmented permitting rules affect market growth?
Varying municipal approval processes extend project timelines by up to several months, shaving an estimated 0.7 percentage points off the forecast CAGR.
Why are airports considered premium DOOH locations?
Long dwell times, affluent traveler profiles, and ongoing expansions at Long Thanh, Tan Son Nhat, and Noi Bai airports support higher CPMs and strong ROI for advertisers.
Page last updated on: