Dominant Companies in the Vietnam Streaming Services Market | Competitive Landscape 2026

Dominant Companies in the Vietnam Streaming Services Market

Vietnam streaming services market is influenced by a blend of established global giants and local platforms specializing in diverse digital entertainment products. These companies have maintained a vast market share due to their knowledge in localized content production, high-definition broadcasting, and advanced AI-driven recommendation systems. The key players in the market include Netflix Vietnam, FPT Play, VieON, Galaxy Play (formerly Fim+), VTV Go, MyTV (VNPT), K+ (VSTV), iQIYI Vietnam, Clip TV, and Zing TV (VNG Corporation).

Vietnam Streaming Services Market Overview

According to 6Wresearch, the Vietnam streaming services market is poised for stable growth, driven by an increased demand from the tech-savvy youth population and the expansion of high-speed network infrastructure. The market is growing further, owing to a surge in digital consumption, especially in the mobile and smart TV sectors involving the viewing of exclusive local dramas, licensed international blockbusters, and live sports broadcasting. Additionally, this is a major segment for a number of companies that specialize in subscription-based models and their ad-supported alternatives.

Competitive Landscape

The competitive landscape of Vietnam streaming services industry is formed by renown global giants and local conglomerates striving for a large market share in the OTT and digital media sectors. Simultaneously, companies focus on quality control, innovation of original content, and adhering to strict local broadcasting requirements. These companies sustain their presence by continuously improving their streaming bitrates, ensuring cross-device compatibility, and increasing their market share in the specialized digital entertainment sector.

Below is a list of leading players operating in the Vietnam Streaming Services Market:

1. Netflix Vietnam

Netflix is producing a wide array of original content and international licensed titles through advanced streaming technology and content-curation expertise.

2. FPT Play (FPT Telecom)

The company operates as a major developer of high-fidelity OTT and IPTV services, providing deep multi-platform experiences and large-scale server infrastructure.

3. VieON (DatVietVAC Group)

VieON is a leading publisher that manages world-renowned local dramas and variety shows, maintaining a vast regional digital ecosystem.

4. Galaxy Play (Galaxy Media & Entertainment)

Galaxy Play is renowned for developing iconic Vietnamese cinematic IPs and movie series that have defined the VOD landscape internationally.

5. VTV Go (Vietnam Television)

This company focuses on the development of visually stunning, high-performance live TV and catch-up services using proprietary digital broadcasting engines.

6. MyTV (VNPT - Vietnam Posts and Telecommunications Group)

MyTV is a significant publisher and platform provider that distributes diverse digital TV content through its extensive telecommunications network.

7. K+ (VSTV - Vietnam Satellite Digital Television)

K+ specializes in the development and operation of premium sports and cinematic channels, focusing on maintaining long-term player engagement.

8. iQIYI Vietnam

iQIYI is a major player in contributing to high-profile Asian dramas with a focus on C-dramas and regional RPG-style storytelling genres.

9. Clip TV (Vega Corporation)

Clip TV has expanded its presence with iconic long-standing multi-platform franchises and modern ports focused on high aesthetic and domestic value.

10. Zing TV (VNG Corporation)

This company specializes in the development of online video content and social media integration based on popular global entertainment trends.

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