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Content text 13. Thị trường bán lẻ hiện đại tại Việt Nam.pdf

Q&Me is online market research provided by Asia Plus Inc. Vietnam retail store (Modern Trade) trend 2024 Asia Plus Inc.
Overview Vietnam is currently perceived as undergoing a vigorous phase of consumption expansion, characterized by an optimal population structure and an ascending middle- class segment, which, together with swift urbanization, is propelling the growth of contemporary trade practices. The primary objective of this report is to shed light on the prevailing trend of modern trade by conducting a detailed analysis based on the categorical enumeration of prominent retail outlets across Vietnam. The enumeration of the stores has been conducted as of March 2024. • The store numbers in the report are based on the desktop research. • Some new stores are added in 2020/2021/2022/2023/2024. In those cases, we did not include those stores in 2019/2020/2021/2022/2023 comparison. • 2019 data is as of April, 2020 data is as of March, 2021 data is as of April, 2022 & 2023 data are as of March. • The numbers of 2020, 2021, 2022 can be affected by the COVID-19 pandemic.
Vietnam retail news from 2023 - 2024
Billion VND Retail sales trend (2023) Category 2022 YTY 2023 YTY Trend vs P.Y Total 5,671,109 6,231,800 10% Retail 4,475,856 4,858,600 9% Travelling 24,108 37,800 53% Accommod ation and catering 570,317 673,500 15% Others 600,828 661,900 10% 501,158497,624 517,660 512,321 491,621492,606 511,507 503,059 506,480510,910 512,212 528,381 545,231 551,714 515,952 34% 14% 17% 13% 15% 11% 12% 8% 7% 7% 7% 10% 9% 11% 0% 40 0,000 50 0,000 60 0,000 Oct-22 Nov-22 Dec-22 Jan-23 Feb-23 Mar-23 Apr-23 May-23 Jun-23 Jul-23 Aug-23 Sep-23 Oct-23 Nov-23 Dec-23 Monthly trend Figure Trend vs previous year Vietnam's retail sales and consumer service revenues in 2023 showed a positive recovery from the previous year. Despite a bounce-back from the COVID-19 impacts, growth hasn't yet reached pre- pandemic levels, with the end of the year seeing a notable decline compared to its beginning. Source: GSO (General Statistics Office of Vietnam)

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