Relating to our new research record “Vietnam Retail Analysis (2008-2012)”, fast progress has been observed in the Vietnamese retail revenue during the last several years. Although Vietnamese retail market is a lot smaller when compared to other growing countries, just like, India and China, the market has shown enormous growth during the past few years, particularly in its non-food segment. Non-food retailing is actually consistently raising due to increasing consumer investing in non-essential products, such as attire, electrical, and so forth Therefore, we all anticipate that, the non-food retailing definitely will grow in a CAGR of above 19% during 2010-2012.
According to our review, non-food selling has also produced the country a nice-looking destination for international retailers. When using the growing desire for western style shopping when it comes to, a large number of contemporary shopping things have sprung up in the primary urban centers attracting rich urbanites. Besides this tendency, various other strong fundamental individuals discussed and analyzed inside the report will enable this segment to sustain it is upward progress trend in the coming years. Further, our report unveils that presently, traditional stores dominate the retail market. Nevertheless, the government’s decision to let entry of foreign sellers will help the present day retailers to research the country’s retail market. International brands are swiftly expanding the presence inside the Vietnamese market as with regard to modern retail formats, such as supermarkets fresh air conditioned minimarts, and little shopping processes surges with rising customer income.
Besides, an extensive studies done about sub-segments, like consumer electronics, which can be growing at a fast speed due to the embrace consumer spending on white merchandise and other products. Specifically, personal computers and cell phones are doing very well due to the growing in demand in the young society. Our extensive research record “Vietnam Sell Analysis (2008-2012)”, will help clients in figuring out the leading-edge opportunities which might be vital meant for the success of the retail sector in Vietnam. The record covers all of the necessary aspects of the housing market for full retail list prices, like marketplace by portions, provinces, control, and in a store formats to present an insight into the market styles and changes taking place around the world. The survey will provide consultants, industry experts, and sellers to acquire an complex knowledge of the present, past, and future performance of the realtor mls database in Vietnam. In this way, the report symbolizes a complete and coherent research of the Vietnam retail market and will verify decisive intended for clients.
This article is based on details from volcanoco.com