Consumer activity has contributed to dynamic growth in trade, retail, telecommunications and services on the back of rising incomes and the development of consumer lending.
üVietnam has over 87 million people, whose incomes are increasing every year
üHigh consumption, spending will and capability
üLarge untapped potential
Number of modern retail outlets and traditional outlets
Type of Retail Outlet | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 |
Supermarkets, hypermarkets &
Wholesale centers | 51 | 70 | 78 | 95 | 105 | 115 |
Department Stores | 11 | 14 | 16 | 18 | 21 | 25 |
Grocery shops and wet markets | 599,500 | 607,400 | 611,200 | 619,038 | 623.028 | 625,766 |
Source: GAIN