According to our fresh research report “Vietnam Retail Analysis (2008-2012)”, fast development has been witnessed in the Vietnamese retail revenue during the last number of years. Although Japanese retail market is significantly smaller in comparison to other producing countries, just like, India and China, the market has shown great growth during the past few years, especially in its non-food segment. Non-food retailing may be consistently elevating due to increasing consumer investing in non-essential products, such as outfits, electrical, etc. Therefore, we anticipate that, the non-food retailing can grow for a CAGR of more than 19% during 2010-2012.
As per our examine, non-food retailing has also built the country a good destination for international retailers. Considering the growing affinity for western design shopping when it comes to, a large number of modern day shopping processes have leapt up in the key urban centers attracting prosperous urbanites. Besides this craze, various other good fundamental drivers discussed and analyzed in the report might enable this kind of segment to sustain their upward expansion trend inside the coming years. Further, each of our report explains that at the moment, traditional sellers dominate the retail market. Nevertheless, the government’s decision permitting entry of foreign merchants will help the present day retailers to research the country’s housing market for full retail list prices. International brands are swiftly expanding their particular presence in the Vietnamese industry as with regard to modern selling formats, such as supermarkets fresh air conditioned minimarts, and little shopping processes surges with rising buyer income.
Besides, an extensive studies done on sub-segments, like consumer electronics, which is growing at a fast tempo due to the embrace consumer investing in white things and other things. Specifically, pcs and mobile phone devices are doing well due to the increasing in demand in the young society. Our comprehensive research report “Vietnam Sell Analysis (2008-2012)”, will help customers in figuring out the leading-edge opportunities that are vital for the success of the retail industry in Vietnam. The report covers every one of the necessary areas of the housing market for full retail list prices, like market by pieces, provinces, property, and full formats to provide an insight in the market fads and changes taking place across the country. The record will provide consultants, industry analysts, and sellers to obtain an in-depth knowledge of the current, past, and future overall performance of the retail market in Vietnam. In this way, the report reveals a complete and coherent examination of the Vietnam retail sector and will establish decisive for clients.
This article is based on info from careers.hugegroup.com
