Relating to our fresh research statement “Vietnam Sell Analysis (2008-2012)”, fast growth has been seen in the Vietnamese retail product sales during the last several years. Although Vietnamese retail market is much smaller when compared to other developing countries, like, India and China, the market has shown fantastic growth during the past few years, specially in its non-food segment. Non-food retailing has long been consistently elevating due to growing consumer spending on non-essential products, such as apparel, electrical, etc. Therefore, we anticipate that, the non-food retailing might grow by a CAGR of more than 19% during 2010-2012.
According to our study, non-food selling has also produced the country the stylish destination for international retailers. While using growing interest in western design shopping among people, a large number of contemporary shopping things have leapt up in the key urban centers attracting wealthy urbanites. Besides this craze, various other solid fundamental motorists discussed and analyzed inside the report will enable this kind of segment to sustain the upward progress trend inside the coming years. Further, the report explains that presently, traditional shops dominate the retail market. However, the government’s decision allowing entry of foreign stores will help the current retailers to research the country’s retail market. International brands are speedily expanding their presence in the Vietnamese marketplace as demand for modern selling formats, including supermarkets weather conditioned minimarts, and tiny shopping things surges with rising client income.
Besides, an extensive research is done in sub-segments, just like consumer electronics, which is growing in a fast speed due to the embrace consumer spending on white products and other things. Specifically, computers and mobiles are doing very well due to the increasing in demand through the young inhabitants. Our extensive research article “Vietnam In a store Analysis (2008-2012)”, will help clients in discovering the leading-edge opportunities which have been vital designed for the success of the retail industry in Vietnam. The survey covers each of the necessary aspects of the retail market, like marketplace by sectors, provinces, possession, and retail formats to present an insight in the market styles and changes taking place country wide. The report will provide consultants, industry analysts, and suppliers to acquire an specific knowledge of the current, past, and future performance of the retail market in Vietnam. In this way, the report reveals a complete and coherent research of the Vietnam retail sector and will confirm decisive to get clients.
This article is based on details from coniferhealth.com
