As Southeast Asia's most promising emerging market, Vietnam is becoming a strategic location for shared power bank companies expanding internationally. Leveraging its young population (over 60% of its 100 million people are under 35 years old), an average daily mobile phone usage of over seven hours, and a smartphone penetration rate exceeding 84%, Vietnam's demand for charging is experiencing explosive growth. However, this promising market still faces multiple challenges.

一、 Vietnam's Payment System

1.Young Population and High-Frequency Use

Vietnam has a population of over 100 million, of which over 60% are under 35 years old. These young users rely heavily on smartphones, spending an average of over seven hours daily, resulting in a growing demand for mobile charging. Furthermore, Vietnam's smartphone penetration rate has exceeded 84%, providing a vast potential user base for shared power banks.

2. A Mature Payment System

Vietnam's electronic payment ecosystem is maturing. Local payment methods such as ZaloPay, MoMo, and VNPay are widely used in daily consumption. The VietQR code enables unified cross-bank payment scanning, significantly improving transaction convenience. Shared power bank companies like Youdian Star have effectively improved transaction success rates and user experience by deeply integrating with local payment systems.

3. Continuous Policy Support

The Vietnamese government has incorporated the sharing economy into its national development strategy. Key cities such as Hanoi and Ho Chi Minh City are actively promoting the development of shared businesses and expediting approval processes. Currently, the time it takes for shared power bank projects to be deployed in public spaces has been shortened to less than seven days, significantly accelerating the rollout of these devices.

二、How to Develop Shared Power Banks in Vietnam?

As a key driver of the global development of shared power banks, China Power Core, with its leading product quality, technical capabilities, and localized support, is becoming an ideal partner in the Vietnamese market.

1. High-Quality Products: Litapowersharing's shared power bank devices undergo rigorous quality control, ensuring high performance stability and safety, providing users with a reliable and convenient charging experience. This stability is the foundation for large-scale deployment and rapid expansion.

2. Technical Support: In addition to providing hardware, CEC Core also offers customized equipment management systems and back-end services, supporting efficient operations, data management, remote maintenance, and other functions to ensure smooth project operation.

3. Customization: Litapowersharing supports multi-dimensional customization of power bank products, including appearance, functionality, and brand image, helping local partners create differentiated competitive advantages, quickly build brand awareness, and establish market barriers.

Vietnam is on the fast track of digital transformation. The convergence of three major trends: mobile payments, smart devices, and the sharing economy has created a unique environment for the development of shared power banks.