In accordance to our new research report “Vietnam Sell Analysis (2008-2012)”, fast development has been witnessed in the Vietnamese retail product sales during the last few years. Although Japanese retail market is significantly smaller when compared to other growing countries, like, India and China, the industry has shown tremendous growth in the past few years, particularly in its non-food segment. Non-food retailing may be consistently increasing due to increasing consumer investing in non-essential products, such as clothes, electrical, and so forth Therefore, we anticipate that, the non-food retailing will grow by a CAGR of more than 19% during 2010-2012.
As per our analysis, non-food selling has also built the country a stunning destination for international retailers. When using the growing affinity for western design shopping when it comes to, a large number of contemporary shopping complexes have sprung up in the key urban centers attracting wealthy urbanites. Besides this direction, various other good fundamental drivers discussed and analyzed inside the report definitely will enable this segment to sustain it is upward progress trend in the coming years. Further, our report shows that at this time, traditional merchants dominate the retail market. However, the government’s decision allowing entry of foreign suppliers will help the modern retailers to research the country’s retail market. International brands are swiftly expanding the presence in the Vietnamese industry as with regard to modern selling formats, including supermarkets oxygen conditioned minimarts, and tiny shopping processes surges with rising consumer income.
Besides, an extensive research is done on sub-segments, like consumer electronics, which can be growing at a fast rate due to the increase in consumer spending on white merchandise and other products. Specifically, pcs and mobiles are doing well due to the rising in demand through the young human population. Our complete research report “Vietnam Full Analysis (2008-2012)”, will help consumers in questioning the leading-edge opportunities that happen to be vital intended for the success of the retail industry in Vietnam. The record covers all the necessary facets of the retail market, like market by pieces, provinces, title, and selling formats to provide an insight in the market trends and changes taking place across the nation. The report will provide consultants, industry experts, and sellers to receive an in-depth knowledge of the current, past, and future effectiveness of the realtor mls database in Vietnam. In this way, the report has a complete and coherent research of the Vietnam retail market and will verify decisive just for clients.
This article is based on data from empirepromos.com