As per to our new research report “Vietnam In a store Analysis (2008-2012)”, fast progress has been seen in the Japanese retail revenue during the last couple of years. Although Vietnamese retail market is significantly smaller compared to other growing countries, like, India and China, industry has shown massive growth in the past few years, particularly in its non-food segment. Non-food retailing continues to be consistently elevating due to increasing consumer spending on non-essential products, such as outfits, electrical, etc. Therefore, we anticipate that, the non-food retailing can grow in a CAGR of over 19% during 2010-2012.
As per our research, non-food retailing has also made the country a wonderful destination for international retailers. Along with the growing affinity for western design shopping among people, a large number of contemporary shopping things have jumped up in the key urban centers attracting wealthy urbanites. Besides this trend, various other strong fundamental motorists discussed and analyzed in the report will certainly enable this segment to sustain their upward progress trend in the coming years. Further, the report unveils that at the moment, traditional sellers dominate the retail market. Nevertheless, the government’s decision to let entry of foreign retailers will help the ultra-modern retailers to explore the country’s realtor mls database. International brands are speedily expanding the presence in the Vietnamese market as demand for modern full formats, including supermarkets atmosphere conditioned minimarts, and tiny shopping complexes surges with rising client income.
Besides, an extensive research is done in sub-segments, just like consumer electronics, which is growing at a fast pace due to the increase in consumer investing in white merchandise and other products. Specifically, personal computers and mobile phones are doing well due to the rising in demand from your young public. Our detailed research survey “Vietnam In a store Analysis (2008-2012)”, will help clientele in determine the leading-edge opportunities which can be vital just for the success of the retail sector in Vietnam. The record covers all the necessary facets of the realtor mls database, like market by portions, provinces, title, and price tag formats to present an insight in the market tendencies and alterations taking place around the world. The record will provide consultants, industry analysts, and suppliers to receive an specific knowledge of the present, past, and future efficiency of the realtor mls database in Vietnam. In this way, the report has a complete and coherent evaluation of the Vietnam retail industry and will verify decisive for the purpose of clients.
This article is based on info from formtek.com