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Retail market enters fierce competition

Retail market enters fierce competition

Vietnam’s retail market is considered one of the most profitable investment areas for foreign distributors, as it is predicted to grow at 23-25 percent annually from 2011 to 2015.

Potential retail market

Potential retail market

Retail sales GDP and turnover have increased considerably in recent years, however, more premises for the retail market are necessary to meet the increasing demand.

Prospects of Vietnam’s retail market

Prospects of Vietnam’s retail market

Since 2009, Vietnam has opened its distribution market to foreign investors based on its WTO commitments and domestic retailers are trying their best to stand firm on their own turf.

Vietnamese retail market still attracts investors

Vietnamese retail market still attracts investors

Vietnam ’s retail market is still attractive to domestic and foreign investors despite its fall from the top five to the sixth position in the latest survey of 30 emerging markets conducted by the consulting firm A.T.Kearney.

Domestic retailers vie for market dominance

Domestic retailers vie for market dominance

Vietnam will open its doors to foreign retailers in two weeks’ time under its WTO commitments. This is a big challenge to the fledging domestic distribution network, which will vie for the lion’s share of the market with financially powerful and experienced groups from overseas.