Retails factsheet

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Information about Retails factsheet

Published on September 29, 2015

Author: hnguyenh


1. 4. KEY FEATURES 2. MARKET SHARE 3. MARKET SIZE 1. MARKET SEGMENTATION Source: StoxPlus from Euromonitor Source: StoxPlus from General Statistics Office of Vietnam Total retail sales of goods and services increased 11.12%, earning VND2,145,470bn in the first nine months of 2014. Accord- ing to Ministry of Industry and Trade and the Association of Vietnam Retailers, by the end of 2013, retailing contributed 15% to Vietnam GDP. Vietnam’s retail sales continued the high growth trajectory in recent years, and is characterized as one of the most dynamic markets in the region. Vietnam’s Consumer Confidence Index has improved steadily after the recession and remained above the average global level. Furthermore, despite the economy is still in trouble, consumers are experienced a better living standard with the presence of global movements. CF companies can help Vietnamese consumers to purchase qualified products rather than cheap ones with lower lending rate. In 2014, there are many large retailers such as Lotte (South Korea) and Aeon (Japan) making strong presence in Vietnamese market. Following the trend, a number of retail groups are researching and seeking investment opportunities like Walmart, Auchan, Robinson starting their retail operations in Vietnam. Vietnam is a potential retail market in terms of distribution service market, which is the particularly attractive sectors, and retailing service, which is considered to be one of most tempting parts with remarkable growth rate. Admittedly, this has been regarded as the characteristic throughout almost all of Vietnam’s commitment to open distribution and retailing channels in Vietnam so far. Wholesale 6% RetailPodium 3% Department Store 14% Supermarket 46% Shopping Centre 31% Vietnam Total Retail Sales (Value in VNDbn) 18% 15% 14% 13% 12% 7% 6% 3% 3% 3% 2% 4% FoocoMart- Vissan Shop&Go B's mart Co.op Circle K Family mart Satrafoods Guardian Hapro Co.op Food G7 Mart Ministop Others Source: StoxPlus from Euromonitor Market share of players by # of outlets 465,381580,710 726,113 968,067 1,197,480 1,561,480 2,004,360 2,324,443 2,617,963 2,945,277 3,987,680 0 500,000 1,000,000 1,500,000 2,000,000 2,500,000 3,000,000 3.500,000 4,000,000 4,500,000 Vietnam Total Retail Sales (Value in VNDbn) If you want to have further information, please contact person below: Research Ms. Lan Nguyen Senior Manager +84(4) 35626962 (ext.109) Business Information Ms. Hue Vuong Managing Director +84(8) 38233485 (ext.802) Financial Information Ms.Trang Truong Managing Director +84(4) 35626962 (ext.114) Research Business Information Financial InformationResearch Business Information Financial Information Retails FACT SHEET Dated September 25th 2015

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