Corresponding to our fresh research report “Vietnam Sell Analysis (2008-2012)”, fast expansion has been seen in the Vietnamese retail product sales during the last number of years. Although Vietnamese retail market is much smaller when compared with other developing countries, just like, India and China, the market has shown remarkable growth in the past few years, especially in its non-food segment. Non-food retailing happens to be consistently increasing due to rising consumer investing in non-essential products, such as apparel, electrical, etc. Therefore, we all anticipate that, the non-food retailing is going to grow in a CAGR of over 19% during 2010-2012.
As per our analysis, non-food retailing has also built the country a great destination for multinational retailers. With all the growing concern in western design shopping among people, a large number of contemporary shopping things have jumped up in the main urban centers attracting wealthy urbanites. Besides this craze, various other good fundamental individuals discussed and analyzed in the report will certainly enable this kind of segment to sustain the upward progress trend inside the coming years. Further, our report discloses that at this time, traditional retailers dominate the retail market. Yet, the government’s decision allowing entry of foreign vendors will help the present day retailers to research the country’s retail market. International brands are swiftly expanding the presence in the Vietnamese market as with regard to modern retail formats, just like supermarkets air conditioned minimarts, and small shopping complexes surges with rising consumer income.
Besides, an extensive studies done on sub-segments, like consumer electronics, which can be growing in a fast speed due to the embrace consumer investing in white items and other products. Specifically, computers and cellphones are doing well due to the growing in demand from the young number. Our comprehensive research record “Vietnam Retail Analysis (2008-2012)”, will help clients in figuring out the leading-edge opportunities which can be vital with respect to the success of the retail industry in Vietnam. The statement covers each of the necessary aspects of the realtor mls database, like industry by segments, provinces, possession, and price tag formats to provide an insight in to the market tendencies and alterations taking place across the nation. The record will provide consultants, industry experts, and vendors to get an complex knowledge of the existing, past, and future overall performance of the retail market in Vietnam. In this way, the report signifies a complete and coherent examination of the Vietnam retail industry and will confirm decisive with regards to clients.
Here is info based on facts from bolleventi.com