Vietnam Retail Market Outlook 2018
One of the fastest growing economies of Southeast Asia, Vietnam has achieved many new landmarks in the recent past, and is continuously heading towards touching new heights. Specifically, the retail sector has witnessed significant developments. Not only home grown companies, but multinational retail giants are on their heels to en-cash the growth opportunities. Vietnam has enjoyed robust growth in its economy over the last few years. The nation is experiencing an augmenting demand for retail sales of foods and non-food products, besides becoming an important tourist destination. Also, the government is taking various initiatives to gain a prominent position on international platform by entering into international alliances and ventures.
Our exhaustive research on the retail industry of Vietnam unfolds trends encompassing the industry. We have studied and presented an in-depth analysis of both food and non-food market alongwith forecast of major sub-segments in each industry.
Our new report “Vietnam Retail Market Outlook 2018”, is divided into various segments like retail sales based on industry, region, ownership and economic activity, for which forecast has been provided till 2018. It is anticipated that packaged food market will fuel the growth in food retail sales, as the industry is heading towards modern trade. The increasing prevalence of modern lifestyles and western-influenced culture have also created huge potential for non-traditional foods, such as cheese, pasta, and ready meals. Above all, modern retail chains are not only restricting themselves to big cities like Hanoi and HCM, but have also extended their arms towards the small provinces of the country. The Vietnam retail sector is being further revolutionized with the supermarkets, hypermarkets and commercial centers forming the new face of retailing in the country.
Besides, the report also identifies that the Vietnamese non-food retailing is witnessing an upsurge as high income consumers spend more on these items, such as cosmetics and toiletries, clothing, consumer electronics and so on.
The report, which has been designed to understand the Vietnam retail market comprehensively, also covers the industry trends, government regulations, along with the challenges hindering the growth of this industry. Furthermore, the report provides profiling of the major players, including Saigon Union of Trading Co-operatives, Lotte Mart, Big C, and so on, to help clients gain insights on their overall business and recent activities. On the whole, the report presents optimum information and balanced research outlook on the potentials of the Vietnam retail industry.
Our exhaustive research on the retail industry of Vietnam unfolds trends encompassing the industry. We have studied and presented an in-depth analysis of both food and non-food market alongwith forecast of major sub-segments in each industry.
Our new report “Vietnam Retail Market Outlook 2018”, is divided into various segments like retail sales based on industry, region, ownership and economic activity, for which forecast has been provided till 2018. It is anticipated that packaged food market will fuel the growth in food retail sales, as the industry is heading towards modern trade. The increasing prevalence of modern lifestyles and western-influenced culture have also created huge potential for non-traditional foods, such as cheese, pasta, and ready meals. Above all, modern retail chains are not only restricting themselves to big cities like Hanoi and HCM, but have also extended their arms towards the small provinces of the country. The Vietnam retail sector is being further revolutionized with the supermarkets, hypermarkets and commercial centers forming the new face of retailing in the country.
Besides, the report also identifies that the Vietnamese non-food retailing is witnessing an upsurge as high income consumers spend more on these items, such as cosmetics and toiletries, clothing, consumer electronics and so on.
The report, which has been designed to understand the Vietnam retail market comprehensively, also covers the industry trends, government regulations, along with the challenges hindering the growth of this industry. Furthermore, the report provides profiling of the major players, including Saigon Union of Trading Co-operatives, Lotte Mart, Big C, and so on, to help clients gain insights on their overall business and recent activities. On the whole, the report presents optimum information and balanced research outlook on the potentials of the Vietnam retail industry.
1. ANALYST VIEW
2. RESEARCH METHODOLOGY
3. VIETNAM - AN ATTRACTIVE RETAIL MARKET
4. MARKET PERFORMANCE TO 2018
4.1 By Industry
4.1.1 Food
4.1.1.1 Packaged Food
4.1.1.1.1 Dried Processed Food
4.1.1.1.2 Dairy
4.1.1.1.3 Bakery
4.1.1.1.4 Sauces, Dressings and Condiments
4.1.1.1.5 Baby Food
4.1.2 Non-Food
4.1.2.1 Clothing
4.1.2.2 Footwear
4.1.2.3 Cosmetics and Toiletries
4.1.2.4 Perfumes and Fragrances
4.1.2.5 Household Cleaners
4.1.2.6 Consumer Electronics
4.2 By Region
4.2.1 South-East
4.2.2 Red River Delta
4.2.3 Mekong River Delta
4.2.4 North Central Coast
4.2.5 Northern Midlands and Mountain Areas
4.2.6 Central Highlands
4.3 By Ownership
4.3.1 State-owned Companies
4.3.2 Non-state-owned Companies
4.3.3 Foreign-owned Companies
4.4 By Retail Format
4.4.1 Traditional Market
4.4.2 Supermarket
4.4.3 Commercial Centers
4.5 By Economic Activity
4.5.1 Trade
4.5.2 Hotel & Restaurant
4.5.3 Tourism & Services
5. INDUSTRY TRENDS
5.1 Modern Retailing Gaining Roots
5.2 Thriving E-Commerce in Retail
5.3 Private-Label Products Changing Retail Landscape of Vietnam
5.4 Retailers Heading Towards Promising Rural Market
6. GOVERNMENT REGULATIONS
7. INDUSTRY ROADBLOCKS
8. COMPETITIVE LANDSCAPE
8.1 Saigon Union of Trading Co-operatives
8.1.1 Business Description
8.1.2 Recent Developments
8.2 Lotte Mart
8.2.1 Business Description
8.2.2 Recent Developments
8.3 Big C
8.3.1 Business Description
8.3.2 Recent Developments
8.4 VinatexMart
8.4.1 Business Description
8.4.2 Recent Developments
8.5 Maximark
8.5.1 Business Description
2. RESEARCH METHODOLOGY
3. VIETNAM - AN ATTRACTIVE RETAIL MARKET
4. MARKET PERFORMANCE TO 2018
4.1 By Industry
4.1.1 Food
4.1.1.1 Packaged Food
4.1.1.1.1 Dried Processed Food
4.1.1.1.2 Dairy
4.1.1.1.3 Bakery
4.1.1.1.4 Sauces, Dressings and Condiments
4.1.1.1.5 Baby Food
4.1.2 Non-Food
4.1.2.1 Clothing
4.1.2.2 Footwear
4.1.2.3 Cosmetics and Toiletries
4.1.2.4 Perfumes and Fragrances
4.1.2.5 Household Cleaners
4.1.2.6 Consumer Electronics
4.2 By Region
4.2.1 South-East
4.2.2 Red River Delta
4.2.3 Mekong River Delta
4.2.4 North Central Coast
4.2.5 Northern Midlands and Mountain Areas
4.2.6 Central Highlands
4.3 By Ownership
4.3.1 State-owned Companies
4.3.2 Non-state-owned Companies
4.3.3 Foreign-owned Companies
4.4 By Retail Format
4.4.1 Traditional Market
4.4.2 Supermarket
4.4.3 Commercial Centers
4.5 By Economic Activity
4.5.1 Trade
4.5.2 Hotel & Restaurant
4.5.3 Tourism & Services
5. INDUSTRY TRENDS
5.1 Modern Retailing Gaining Roots
5.2 Thriving E-Commerce in Retail
5.3 Private-Label Products Changing Retail Landscape of Vietnam
5.4 Retailers Heading Towards Promising Rural Market
6. GOVERNMENT REGULATIONS
7. INDUSTRY ROADBLOCKS
8. COMPETITIVE LANDSCAPE
8.1 Saigon Union of Trading Co-operatives
8.1.1 Business Description
8.1.2 Recent Developments
8.2 Lotte Mart
8.2.1 Business Description
8.2.2 Recent Developments
8.3 Big C
8.3.1 Business Description
8.3.2 Recent Developments
8.4 VinatexMart
8.4.1 Business Description
8.4.2 Recent Developments
8.5 Maximark
8.5.1 Business Description
LIST OF FIGURES
Figure 3-1: Retail Sales of Goods and Services (Trillion VND), 2013-2018
Figure 3-2: Food and Non-Food Retail Sales (%), 2013 & 2018
Figure 4-1: Food Retail Sales (Trillion VND), 2013-2018
Figure 4-2: Packaged Food Sales (Trillion VND), 2013-2018
Figure 4-3: Packaged Food Sales by Segment (%), 2013 & 2018
Figure 4-4: Dried Processed Food Sales (Trillion VND), 2013-2018
Figure 4-5: Dairy Sales (Trillion VND), 2013- 2018
Figure 4-6: Bakery Sales (Trillion VND), 2013-2018
Figure 4-7: Sauces, Dressings and Condiments Sales (Trillion VND), 2013-2018
Figure 4-8: Baby Food Sales (Trillion VND), 2013-2018
Figure 4-9: Non-Food Retail Sales (Trillion VND), 2013-2018
Figure 4-10: Non-Food Retail Sales by Segment (%), 2013 & 2018
Figure 4-11: Clothing Sales (Trillion VND), 2013-2018
Figure 4-12: Footwear Sales (Trillion VND), 2013-2018
Figure 4-13: Cosmetics and Toiletries Sales (Trillion VND), 2013-2018
Figure 4-14: Perfumes and Fragrances Sales (Billion VND), 2013-2018
Figure 4-15: Household Cleaners Sales (Trillion VND), 2013-2018
Figure 4-16: Consumer Electronics Sales (Trillion VND), 2013-2018
Figure 4-17: Retail Sales of Goods and Services by Region (%), 2014 & 2018
Figure 4-18: South East - Retail Sales of Goods and Services (Trillion VND), 2013-2018
Figure 4-19: Red River Delta - Retail Sales of Goods and Services (Trillion VND), 2013-2018
Figure 4-20: Mekong River Delta - Retail Sales of Goods and Services (Trillion VND), 2013-2018
Figure 4-21: North Central & Central Coastal Area - Retail Sales of Goods and Services (Trillion VND), 2013-2018
Figure 4-22: Northern Midlands and Mountain Areas - Retail Sales of Goods and Services (Trillion VND), 2013-2018
Figure 4-23: Central Highlands - Retail Sales of Goods and Services (Trillion VND), 2013-2018
Figure 4-24: Retail Sales of Goods and Services by State-owned Companies (Trillion VND), 2013-2018
Figure 4-25: Retail Sales of Goods and Services by Non-state-owned Companies (Trillion VND), 2013-2018
Figure 4-26: Retail Sales of Goods and Services by Foreign-owned Companies (Trillion VND), 2013-2018
Figure 4-27: Number of Traditional Market (2013-2018)
Figure 4-28: Number of Supermarket (2013-2018)
Figure 4-29: Number of Commercial Centers (2013-2018)
Figure 4-30: Retail Sales of Goods and Services by Trade (Trillion VND), 2013-2018
Figure 4-31: Retail Sales of Goods and Services by Hotel & Restaurant (Trillion VND), 2013-2018
Figure 4-32: Retail Sales of Goods and Services by Tourism & Services (Trillion VND), 2013-2018
Figure 5-1: Share of Modern Retailing in Retail Sales (2013 & 2020)
Figure 5-2: Internet Users (Million), 2014-2018
Figure 7-1: Challenges in Vietnam Retail Industry
Figure 3-1: Retail Sales of Goods and Services (Trillion VND), 2013-2018
Figure 3-2: Food and Non-Food Retail Sales (%), 2013 & 2018
Figure 4-1: Food Retail Sales (Trillion VND), 2013-2018
Figure 4-2: Packaged Food Sales (Trillion VND), 2013-2018
Figure 4-3: Packaged Food Sales by Segment (%), 2013 & 2018
Figure 4-4: Dried Processed Food Sales (Trillion VND), 2013-2018
Figure 4-5: Dairy Sales (Trillion VND), 2013- 2018
Figure 4-6: Bakery Sales (Trillion VND), 2013-2018
Figure 4-7: Sauces, Dressings and Condiments Sales (Trillion VND), 2013-2018
Figure 4-8: Baby Food Sales (Trillion VND), 2013-2018
Figure 4-9: Non-Food Retail Sales (Trillion VND), 2013-2018
Figure 4-10: Non-Food Retail Sales by Segment (%), 2013 & 2018
Figure 4-11: Clothing Sales (Trillion VND), 2013-2018
Figure 4-12: Footwear Sales (Trillion VND), 2013-2018
Figure 4-13: Cosmetics and Toiletries Sales (Trillion VND), 2013-2018
Figure 4-14: Perfumes and Fragrances Sales (Billion VND), 2013-2018
Figure 4-15: Household Cleaners Sales (Trillion VND), 2013-2018
Figure 4-16: Consumer Electronics Sales (Trillion VND), 2013-2018
Figure 4-17: Retail Sales of Goods and Services by Region (%), 2014 & 2018
Figure 4-18: South East - Retail Sales of Goods and Services (Trillion VND), 2013-2018
Figure 4-19: Red River Delta - Retail Sales of Goods and Services (Trillion VND), 2013-2018
Figure 4-20: Mekong River Delta - Retail Sales of Goods and Services (Trillion VND), 2013-2018
Figure 4-21: North Central & Central Coastal Area - Retail Sales of Goods and Services (Trillion VND), 2013-2018
Figure 4-22: Northern Midlands and Mountain Areas - Retail Sales of Goods and Services (Trillion VND), 2013-2018
Figure 4-23: Central Highlands - Retail Sales of Goods and Services (Trillion VND), 2013-2018
Figure 4-24: Retail Sales of Goods and Services by State-owned Companies (Trillion VND), 2013-2018
Figure 4-25: Retail Sales of Goods and Services by Non-state-owned Companies (Trillion VND), 2013-2018
Figure 4-26: Retail Sales of Goods and Services by Foreign-owned Companies (Trillion VND), 2013-2018
Figure 4-27: Number of Traditional Market (2013-2018)
Figure 4-28: Number of Supermarket (2013-2018)
Figure 4-29: Number of Commercial Centers (2013-2018)
Figure 4-30: Retail Sales of Goods and Services by Trade (Trillion VND), 2013-2018
Figure 4-31: Retail Sales of Goods and Services by Hotel & Restaurant (Trillion VND), 2013-2018
Figure 4-32: Retail Sales of Goods and Services by Tourism & Services (Trillion VND), 2013-2018
Figure 5-1: Share of Modern Retailing in Retail Sales (2013 & 2020)
Figure 5-2: Internet Users (Million), 2014-2018
Figure 7-1: Challenges in Vietnam Retail Industry
