Corresponding to our new research survey “Vietnam Selling Analysis (2008-2012)”, fast development has been witnessed in the Vietnamese retail sales during the last several years. Although Vietnamese retail market is significantly smaller in comparison to other developing countries, like, India and China, industry has shown huge growth during the past few years, particularly in its non-food segment. Non-food retailing was consistently increasing due to growing consumer investing in non-essential items, such as attire, electrical, etc. Therefore, all of us anticipate that, the non-food retailing is going to grow at a CAGR of above 19% during 2010-2012.
According to our research, non-food retailing has also made the country a stunning destination for multinational retailers. Along with the growing interest in western style shopping when it comes to, a large number of contemporary shopping complexes have leapt up in the primary urban centers attracting prosperous urbanites. Besides this pattern, various other strong fundamental motorists discussed and analyzed inside the report can enable this kind of segment to sustain it is upward expansion trend inside the coming years. Further, each of our report discloses that at the moment, traditional sellers dominate the retail market. However, the government’s decision to let entry of foreign suppliers will help the current retailers to explore the country’s housing market for full retail list prices. International brands are speedily expanding their very own presence inside the Vietnamese marketplace as demand for modern full formats, just like supermarkets weather conditioned minimarts, and small shopping complexes surges with rising consumer income.
Besides, an extensive studies done in sub-segments, just like consumer electronics, which can be growing for a fast speed due to the embrace consumer investing in white things and other things. Specifically, pcs and mobile phones are doing very well due to the increasing in demand from the young populace. Our extensive research report “Vietnam Full Analysis (2008-2012)”, will help customers in curious about the leading-edge opportunities which have been vital to get the success of the retail industry in Vietnam. The report covers all of the necessary facets of the realtor mls database, like market by segments, provinces, title, and in a store formats to provide an insight in the market trends and improvements taking place around the world. The statement will provide consultants, industry experts, and vendors to obtain an in-depth knowledge of the existing, past, and future functionality of the retail market in Vietnam. In this way, the report symbolizes a complete and coherent evaluation of the Vietnam retail sector and will confirm decisive intended for clients.
Here is info based on details from bolleventi.com