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
It is estimated that total retailed sales business gained USD 68 billion, up 23.6% from the same period last year. Total retail sales of 2011 would reach USD 80 billion, contributing 15-16% of GDP, with 80-85% of the total domestic product. This is a promising figure despite the difficult situation which the country is facing … Read more