Vietnam’s retail sector is on track for strong growth, presenting compelling investment opportunities as domestic consumption continues to rise.

Vietnam’s gross domestic product (GDP) in the first quarter of 2025 is projected to grow by nearly 8%, setting the stage for sustained economic development throughout the year.

Vietnam is a promising market for Thai businesses, said Thailand Trade Representative Umesh Pandey during his working visit to Vietnam.

GS25, a leading convenience store chain in the Republic of Korea operated by GS Retail, has simultaneously opened its six first stores in Hanoi, marking its move to expand northward after establishing a solid foothold in southern Vietnam.

The total retail sales of goods and consumer service revenue in Hanoi reached VND150.1 trillion (approximately US$5.87 billion) in the first two months of 2025, marking an 11.8% increase compared to the same period last year, according to the Hanoi Statistics Office.

Vietnam's retail market with positive growth prospects will support the development of the commercial real estate market this year, according to experts at the “Vietnam Retail 2025: Opportunities in Real Estate” event held on February 27.

High consumption demand during the Lunar New Year holiday and the strong tourism recovery fuelled retail sales of consumer goods and services in January.

VOV.VN - Retail chains are actively distributing goods to the domestic market to meet an anticipated 10-20% increase in demand as the Lunar New Year is drawing near.

Industry giants such as Vingroup, Mobile World Investment Corporation, FPT Retail and Hoang Anh Gia Lai are all in the pipeline to introduce their prized stocks to the public sphere.

The top five localities with the largest gross regional domestic product (GRDP) in Vietnam for 2024 are Ho Chi Minh City, Hanoi, Binh Duong, Dong Nai and Hai Phong.