openPR Logo
Press release

Vietnam Retail Market Blooming In 2011

04-21-2011 02:57 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Viet Partner Plus Corporation

/ PR Agency: Viet Partners Plus
After being affected by the global crisis in 2007, Vietnam economy has gradually marked its recovery. Though these other business still have not turned back to the usual growth, retail market is claiming itself a promising opportunity for investors.
Ministry of Industry and Trade said that in 2010 the retail market in goods and services has grown up to 24.5%, with revenue of 1561 trillion VND. This is a high growth rate than expectation, affirming the importance and potential of the domestic market.
Moreover, modern delivery channels in Vietnam still do not develop as much as the neighborhood, so there are many potential opportunities for local and foreign investment.
Recently, Big C, Lotte Mart, Metro, Parkson, Saigon Cooperation are four big retail brand in Vietnam. But with the quick growth of customers’ demands, these companies have not satisfied them yet, especially demand from rural places - “a large and undiscovered land”, where living standard is being improved greatly.
Retailers from Japan and Korea are quickly establishing their business with shopping centers and hypermarket, for example Family Mart of Itochu company from Japan. Another module is department store with a complex of shopping, food court, entertainment zone.
The development of information technology provides a modern channel for trading. E-commerce makes trading on the internet quicker and more convenient, which adapts to requirement of urban people.
On January 15th in Hanoi, at conference “Overview of vietnam distribution and retail in 2011”, Dr. Dinh Thi My Loan- vice president of the Association of Vietnam Retailers (AVR) stated “ Modern retail market will continue to grow strongly preferred by consumers . In 2011, we will have some significant changes. Specifically, large supermarket will develop dramatically in the years of 2011 - 2012 and start to slow down in big cities. Small supermarkets will become more and more popular. In particular, the shopping centers, department stores with average and high standards products will meet the diverse needs of consumers.
VIPC Capital Management prides itself to be a reliable partner with entrepreneurs in local and foreign as well. Cooperation not only benefits the two sides but also make a push to Vietnam retail market.
For more information please contact ngan.nguyen at vietpartnersplus dot com

Viet Partners Plus Corporation

Your credible start-up & development partner in Vietnam.

A subsidiary of VIPC Capital Management (www.vipc.com.vn)

Business support, Matching, Finance & Marketing services.

"TOGETHER. WE ACHIEVE"

Contact us at info@vietpartnersplus.com

08 Nguyen Hue Blvd, Dist. 1,
Ho Chi Minh City, Vietnam
Phone: +84(0) 8 3 827 7078 / 79
Fax: +84(0) 8 3 8277 487

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Vietnam Retail Market Blooming In 2011 here

News-ID: 171979 • Views: 1540

More Releases from Viet Partner Plus Corporation

Chu Van An Senior High School Celebrating The 2010-2011 Year – End Ceremony
The school year 2010-2011 gradually ends with many significant contributions and efforts of all teachers and student s in Chu Van An High School. As a result, Chu Van An Senior High School has celebrated its closing ceremony on 25 May with the presence of entire teachers, employees and students in order to honor those good students and look back on school activities in this recent year. The ceremony takes place
Exploiting Healthcare Imaging Technology To Manifest The Patient Care
There is no doubt that health is the key element to human beings; however, nolens volens they may experience some health problems in their lives. With the constant developments of medical technology, people find it possible and more convenient to deal with medical issues. Among them is MRI System which is considered as one of the most significant medical imaging equipments. How to store and transfer those specialist images in the
Cutting Off Japanese ODA
To make recovery for economy and infrastructure, Japan has to decrease official development assistance (ODA) for other countries. Due to the effect of earthquake and tsunami, Japan has faced with serious problem of both material and human. Although the country has received aid from all over the world, Japan needs more to recover injury by the disaster. On April 22nd , the Japanese government passed the first supplementary budget about 4,000
Pellucid Networks And The Arrival in Vietnam
The world is changing rapidly these recent years and Vietnam is one of the countries that being fast developed in Asia. Being a member of WTO since 2007 has brought Vietnam many opportunities to grow as well as challenges. Vietnam is now opening and is one of the most potential markets for the NGOs to invest in. Therefore, national companies and organizations can have more opportunities to grow up and

All 5 Releases


More Releases for Vietnam

Vietnam Agriculture Market, Vietnam Agriculture Industry, Vietnam Agriculture Li …
Agriculture has always been of pronounced importance for Vietnam, as feeding the realm’s largest population is not a relaxed task. The Vietnam government has been associate the agriculture industry with a number of policies, demanding to alleviate the output and seeking methods to ensure the sector is developing healthily and sustainably. The Vietnam federal government has been decidedly supportive of agriculture for decades, and there is extensive political consensus as
Vietnam automobile lubricant market beckons
With automotive lubricant demand rising from 2.6 million liters (in 2015) to 4.1 million liters (in 2021), global and regional manufacturers are taking notice of the Vietnam market. How can brands win in this market? Leon Perera, Chief Executive Officer of Spire Research and Consulting, shared his insights on key trends in the Lube Report Asia magazine. With many players competing in the Southeast Asia market for motorcycle lubricants, leaders will
Agrochemicals Market in Vietnam
ReportsWorldwide has announced the addition of a new report title Vietnam: Agrochemicals: Market Intelligence (2016-2021) to its growing collection of premium market research reports. The report “Vietnam: Agrochemicals: Market Intelligence (2016-2021)” provides market intelligence on the different market segments, based on type, active ingredient, formulation, crop, and pest. Market size and forecast (2016-2021) has been provided in terms of both, value (000 USD) and volume (000 KG) in the report. A
Environmental disaster in Vietnam
In Vietnam occurred the biggest environmental disaster since the deployment of Agent Orange by the Americans during the Vietnam War. It happened almost unnoticed by the world while Europe was busy with the refugee crisis and America with the forthcoming presidential elections of the USA. The perpetrators of the environmental disaster come from abroad and are supported by the Vietnamese politicians, similar as it was happen at the Vietnam War. "
Tourists killed in Vietnam
Vietnam belongs for tourists to the most popular and safest travel destinations in the world, as long as one can believe officially widespread reports. However, this information may not been longer current since a long time. More and more tourists in Vietnam were killed at criminal offenses as well by tragic accidents. These accidents occur mostly due to insufficient checking for compliance with statutory safety regulations by the Vietnamese authorities.
Booming Tourism Sector in Vietnam
RNCOS has recently added a new Market Research Report titled, “Booming Tourism Sector in Vietnam” to its report gallery. Vietnam has become one of the most popular tourist destinations in the South-east region. The country’s tourism industry has been growing unprecedentedly over the past few years with rising domestic as well as international tourists. The travel & tourism industry accounted for 10% of the GDP in the Vietnamese economy during