The purchasing power of Vietnamese consumers are likely to increase due to a significant rise in disposable income over the last decade. July 2nd Multiple countries Non-food products Strong motivations to react on both sides are likely to lead to further retaliatory tariffs this year.
Consumer goods August Consumer goods. Vietnam retail sector is driven by rising income, consumer confidence and increasing high net worth Individuals. What the report offers The study elucidates the situation of Vietnam and predicts the growth of its Retail Industry.
February 13th Multiple countries Retail Strong global growth will encourage central banks to reduce the extraordinary support that they are lending.
Industry SWOT Analysis Analysis of the major Strengths, Weaknesses, Opportunities and Threats within the retail sector and within the broader political, economic and business environment.
July 9th Multiple countries Consumer goods Two countries have now ratified the agreement. Liberal retail policies and removal of trade barriers and restrictions on foreign investment and linkage to World Trade Organization WTO are helping the retail sector growth in Vietnam.
Although the presence of new foreign entrants may become a significant threat to the domestic retailers, it will be likely to increase the competitiveness in the industry and benefit Vietnamese customers with potentially higher products quality and lower prices.
The report examines key drivers of retail sales growth and future prospects, including consumer spending and private sector investment. Vietnam retail market is characterized as most dynamic in Asia. Majority of Vietnamese have relatively low income, which is affecting luxury goods market but high net worth individuals have increased the purchase of costly goods.
Target business opportunities and risks in Vietnam through our reviews of latest industry trends, regulatory changes and major deals, projects and investments.
In this article, BDG explores different factors that contribute to the fast development of the retail market in Vietnam. In addition to it, the report also talks about economic conditions of and future forecast of its current economic scenario and effect of its current policy changes in to its economy, reasons and implications on the growth of this sector.
Thus, various opportunities are still available for growth in the retail industry in Vietnam, especially in the modern retail market.
Statistics from the Economist Intelligence Unit showed that more than two thirds of the total population of 90 million in Vietnam is currently aged between 15 and 64, which indicates great demand for a variety of retail products and services.
Having become an official member of WTO inVietnam has been able to widen the door for a large number of foreign retailers to invest in Vietnam.
Report talks about growth, market trends, progress, challenges, opportunities, technologies in use, growth forecast, major companies, upcoming companies and projects etc. Key factors in the growth of retail industry are robust economic growth, rising population, growing youth segment, changing consumer trends, rising purchasing power and penetration of international players.
August 3rd Vietnam Retail We anticipate that modest amendments to the tax regime will be made over the medium term. Sources The Retail Reports draw on an extensive network of primary sources, such as multilateral organisations, government departments, industry associations, chambers and company reports.HA, XUAN CUONG: Title: Retail market analysis in Vietnam Case company: Big C Supermarket Bachelor’s Thesis in International Business 87 pages, 12pages of appendices Spring ABSTRACT Vietnam, with the population of more than 90 million people and an increasing economy, is a very potential market for retail industry.
The retail, wholesale, and distribution industry outlook explores recent trends and how they impact on today's consumers and business owners. Recently signed free trade agreements are likely to further boost competition, as well as extend the country’s international reach, as manufacturers continue to view Vietnam as a low-cost alternative to China.
This chapter contains interviews with Michael Behrens, General Director, Mercedes-Benz Vietnam, and Chairman, European Chamber of.
Overview of the retail market in Vietnam. With an annual growth of 10% over the last 5 years, Vietnam’s retail sector surpasses its ASEAN peers’ such as Malaysia, Philippines or Thailand and was ranked 11th on the Global Retail Development Index (GRDI).
According to the Ministry of Industry and Trade, there are currently Our exhaustive research on the retail industry of Vietnam unfolds trends encompassing the industry.
We have studied and presented an in-depth analysis of both food and non-food market alongwith forecast of major sub-segments in each industry. Retail in Vietnam Emerging market, emerging growth - Summary - The driving forces - Current performance backdrop for development of the retail industry.
A relatively young population, coupled with rising income levels, SWOT analysis of Vietnam’s retail market Overview of Vietnam’s retail sector.Download