1.Overview With increasing disposable income, rising living standard, stable GDP and economic growth, young population and low inflation, Vietnam is one of the most dynamic emerging market in Southeast Asia region. Fast moving consumer goods industry has promised a robust development. 2. FMCG in Vietnam FMCG growth The MoIT forecast that total revenue of the … Read more
The entrance of Giant (a brand under Dairy Farm Group from Hong Kong) by opening its first supermarket in HCMC on Dec 21st, 2011 marked the appearance of more than 15 retailers in Vietnam, amongst which prominent players are Wal-Mart, Carrefour, Tesco, Circle K, Metro Cash & Carry, Daiso, E-Mart, Guardian. The foreign retailers bring … Read more
Vietnam’s retail market has the highest growth rate in the region, therefore Lotte expects to grow further through setting up more retail business or M&A activity in Vietnam. South Korea is the largest investor in Vietnam with over 4,000 enterprises, total investment in Vietnam as of July 2015 is 32.8 billion USD. Among South Korean … Read more