Corresponding to our fresh research report “Vietnam In a store Analysis (2008-2012)”, fast growth has been witnessed in the Vietnamese retail revenue during the last couple of years. Although Thai retail market is significantly smaller in comparison to other producing countries, just like, India and China, the market has shown incredible growth during the past few years, specially in its non-food segment. Non-food retailing has been consistently raising due to rising consumer spending on non-essential things, such as clothes, electrical, and so forth Therefore, we all anticipate that, the non-food retailing is going to grow by a CAGR of above 19% during 2010-2012.
According to our analyze, non-food selling has also made the country a beautiful destination for multinational retailers. Considering the growing concern in western design shopping among people, a large number of modern day shopping complexes have sprung up in the key urban centers attracting prosperous urbanites. Besides this trend, various other strong fundamental drivers discussed and analyzed in the report should enable this segment to sustain the upward growth trend inside the coming years. Further, the report unveils that at present, traditional vendors dominate the retail market. Yet, the government’s decision to allow for entry of foreign suppliers will help the modern retailers to explore the country’s realtor mls database. International brands are quickly expanding their very own presence in the Vietnamese industry as demand for modern sell formats, including supermarkets air conditioned minimarts, and little shopping things surges with rising customer income.
Besides, an extensive research is done upon sub-segments, just like consumer electronics, which is growing in a fast speed due to the increase in consumer investing in white things and other products. Specifically, personal computers and cell phones are doing very well due to the growing in demand through the young number. Our comprehensive research statement “Vietnam Selling Analysis (2008-2012)”, will help clientele in questioning the leading-edge opportunities which might be vital with respect to the success of the retail market in Vietnam. The report covers all the necessary facets of the retail market, like marketplace by segments, provinces, possession, and in a store formats to provide an insight into the market styles and improvements taking place across the nation. The survey will provide consultants, industry analysts, and sellers to get an complex knowledge of the current, past, and future efficiency of the retail market in Vietnam. In this way, the report reveals a complete and coherent research of the Vietnam retail market and will confirm decisive with respect to clients.
Here is info based on details from myamcat.com