Regarding to our fresh research record “Vietnam Retail Analysis (2008-2012)”, fast development has been observed in the Thai retail product sales during the last couple of years. Although Vietnamese retail market is a lot smaller when compared with other growing countries, just like, India and China, the marketplace has shown massive growth in the past few years, particularly in its non-food segment. Non-food retailing is actually consistently elevating due to increasing consumer investing in non-essential things, such as apparel, electrical, and so forth Therefore, we anticipate that, the non-food retailing definitely will grow for a CAGR of over 19% during 2010-2012.
As per our study, non-food retailing has also produced the country a great destination for multinational retailers. Considering the growing concern in western style shopping among people, a large number of modern shopping processes have jumped up in the primary urban centers attracting wealthy urbanites. Besides this movement, various other solid fundamental individuals discussed and analyzed inside the report is going to enable this segment to sustain it is upward progress trend inside the coming years. Further, each of our report unveils that presently, traditional sellers dominate the retail market. Nevertheless, the government’s decision to permit entry of foreign merchants will help the current retailers to explore the country’s retail market. International brands are rapidly expanding all their presence in the Vietnamese marketplace as with regard to modern in a store formats, just like supermarkets fresh air conditioned minimarts, and tiny shopping things surges with rising customer income.
Besides, an extensive research is done in sub-segments, like consumer electronics, which can be growing for a fast speed due to the embrace consumer spending on white things and other items. Specifically, personal computers and mobiles are doing very well due to the rising in demand in the young society. Our complete research survey “Vietnam Sell Analysis (2008-2012)”, will help customers in pondering the leading-edge opportunities which have been vital with regards to the success of the retail industry in Vietnam. The article covers every one of the necessary aspects of the retail market, like marketplace by sectors, provinces, possession, and retail formats to provide an insight in the market fads and changes taking place country wide. The record will provide consultants, industry experts, and vendors to get an in-depth knowledge of the present, past, and future effectiveness of the housing market for full retail list prices in Vietnam. In this way, the report shows a complete and coherent research of the Vietnam retail market and will verify decisive with regards to clients.
This article is based on data from flashon.com