Regarding to our new research report “Vietnam Retail Analysis (2008-2012)”, fast growth has been witnessed in the Vietnamese retail sales during the last couple of years. Although Thai retail market is much smaller compared to other producing countries, just like, India and China, the marketplace has shown huge growth during the past few years, particularly in its non-food segment. Non-food retailing has become consistently increasing due to growing consumer spending on non-essential items, such as clothes, electrical, and so forth Therefore, we all anticipate that, the non-food retailing definitely will grow for a CAGR of over 19% during 2010-2012.
As per our study, non-food selling has also made the country an attractive destination for multinational retailers. Considering the growing interest in western style shopping when it comes to, a large number of contemporary shopping processes have sprung up in the key urban centers attracting rich urbanites. Besides this style, various other strong fundamental drivers discussed and analyzed in the report will certainly enable this segment to sustain its upward expansion trend inside the coming years. Further, our report reveals that at the moment, traditional sellers dominate the retail market. However, the government’s decision permitting entry of foreign retailers will help the current retailers to research the country’s retail market. International brands are rapidly expanding their presence inside the Vietnamese marketplace as with regard to modern price tag formats, including supermarkets air conditioned minimarts, and little shopping complexes surges with rising client income.
Besides, an extensive studies done upon sub-segments, like consumer electronics, which can be growing at a fast tempo due to the increase in consumer spending on white products and other things. Specifically, computers and mobiles are doing well due to the rising in demand from the young number. Our detailed research record “Vietnam Full Analysis (2008-2012)”, will help clientele in questioning the leading-edge opportunities that happen to be vital designed for the success of the retail sector in Vietnam. The record covers all of the necessary areas of the retail market, like marketplace by segments, provinces, ownership, and sell formats to present an insight in to the market movements and changes taking place around the world. The statement will provide consultants, industry experts, and suppliers to get an specific knowledge of the actual, past, and future efficiency of the retail market in Vietnam. In this way, the report has a complete and coherent research of the Vietnam retail market and will establish decisive designed for clients.
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