openPR Logo
Press release

Rising Food Retail Sales Propelling Vietnam Retail Market

01-24-2013 01:03 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: RNCOS E-Services Pvt. Ltd.

/ PR Agency: RNCOS E-Services Pvt. Ltd.
Food retail sales are projected to grow at a CAGR of 25.7% during 2012-2015, says RNCOS in its latest research report.

Food retail sales are projected to grow at a CAGR of 25.7% during 2012-2015, says RNCOS in its latest research report.

Food retail sales have been increasing continuously in the country from the past few years. The market is witnessing tremendous growth on the back of rising demand for western foods, dried processed food, and packaged convenience foods. In addition, the rising purchasing power and infrastructure developments are also helping food retail sales to grow. The modern retail formats, such as hypermarkets, air conditioned minimarts, supermarkets, and small shopping complexes are also changing consumption patterns and attracting many consumers in this regard. Further, growing middle class and changing lifestyle will propel its demand in the country. Therefore, considering all the factors, it is anticipated that the food retail sales will grow at a CAGR of 25.7% during 2012-2015.

According to our research report, “Vietnam Retail Market Forecast to 2014”, retail sector in Vietnam is showing dynamic growth since the past few years due to increasing modernization, rising number of global giants, and mounting disposable income. Further, as per our findings, the number of modern retail stores is increasing in the country, which is attracting a number of foreign investors and international brands. Moreover, the changing government regulations and consumer increasing attention towards modern retail concepts are also favoring the growth of the Industry.

Our report also covers an in-depth analysis of the market performance by non food retailing sector including clothing, footwear, cosmetics and furniture. It also covers the consumer electronics market along with TV sets, mobiles, computers and washing machines. It provides the study on performance of the industry by province and by ownership along with their segments and also covers a detailed analysis of the consumer behavior including their lifestyles, shopping habits, and purchasing behavior.

Our report, “Vietnam Retail Market Forecast to 2014”, elaborates the industry’s current and past performance, and presents forecasts to depict a clear and balanced picture of the Vietnamese retail market. It covers the emerging trends of the industry along with its roadblocks. Moreover, it also provides the comprehensive analysis of the retail formats including traditional and modern stores. Therefore, our research report presents the most unbiased market picture that will prove decisive for our clients.

For FREE SAMPLE of this report visit:

Some of our Related Reports are:

- UAE Retail Industry Forecast to 2015 (
- Indian Online Retail Market Analysis (
- Global Cosmeceuticals Market Analysis (
- Middle East Retail Sector Forecast to 2013 (
- South African Retail Industry Forecast to 2013 (

Check Related REPORTS on:


RNCOS specializes in Industry intelligence and creative solutions for contemporary business segments. Our professionals analyze the industry and its various components, with a comprehensive study of the changing market behavior. Our accuracy and data precision proves beneficial in terms of pricing and time management that assist the intending consultants in meeting their objectives in a cost-effective and timely manner.


B-129, Sector 6 Noida - 201301

This release was published on openPR.

Permanent link to this press release:

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 Rising Food Retail Sales Propelling Vietnam Retail Market here

News-ID: 247077 • Views: 1096

More Releases from RNCOS E-Services Pvt. Ltd.

Malaysia Convenience Store Witnessing Tremendous Growth
“Rapid expansion plans of major convenience stores in Malaysia such as 7-Eleve and 99 Speed Mart are expected to drive the market.” says RNCOS Malaysia Convenience store has been witnessing a tremendous growth in the retail industry. Key players in the country are widening their foot prints in retail industry by innovatively increasing the product portfolio as per the consumer behavior and increasing the number of stores. There is a cut
Growing Opportunity in the Global Enterprise Software Market
“Increasing adoption of enterprise resource management software, customer relationship management software and human resource management software is expected to drive the Global Enterprise Software market.” Says RNCOS The global enterprise software market has reported a significant growth in the recent years and is presenting ample opportunities to the industry’s players. With increasing global competition and rising awareness regarding enterprises software across the globe, the worldwide enterprise software market is poised to
Global Wearable Medical Device Market Outlook 2020
By wearable medical devices we understand non-invasive, autonomous health tools, which aid in clinical monitoring beyond the hospitals. The application of wearable ranges from monitoring glucose levels in blood to managing chronic diseases such as heart diseases, asthma and diabetes. These devices generally provide non-invasive sensing, local processing, user feedback, and communication capabilities. In the latest report “Global Wearable Medical Device Market Outlook 2020”, RNCOS’ analysts have endeavored to
Global Point-of-Care Diagnostics Market Outlook 2020
It is widely accepted that disease prevention and risk-reduction strategies have the potential to lower disease burden as well as improve the overall health of individuals. POCT technology offers such potential for diagnosis and treatment of patients, as it facilitates rapid availability of test results and hence, early clinical decision making and intervention. Amidst a rising disease incidence, reduced budget, growing focus towards personalization of care, and ever-increasing integration of

All 5 Releases

More Releases for Retail

Blockchain in Retail Market
Blockchain or the distributed ledger technology is serving the retail industry for transforming the product processes.There is an increasing need for transparency for the product processes and for meeting the demand by the retail industry. This has majorly driven the blockchain in retail market. Further, factors including rising need for reduction of redundant data and rising need for limiting the total cost of ownership have supplemented the demand for blockchain
UK Retail Parks 2017 published “UK Retail Parks 2017” from its database. The report reviews top companies involved and enlists all trials pertaining to the company. Report provides latest news for the past three months. Original Content: "UK Retail Parks 2017", report offers comprehensive insight and analysis of the UK channel, the major players, the main trends, and consumer attitudes. The retail parks market will outgrow total offline growth over the five years to 2022,
Worldwide Retail Analytics Market
Market Research Report on “Worldwide Retail Analytics Market Analysis and Forecast to 2025”. This report focuses on technology, market size, share, growth rate, opportunities and top manufacturers. Worldwide Retail Analytics Market 2017-2025 has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating
UK Retail Parks 2017
"UK Retail Parks 2017", report offers comprehensive insight and analysis of the UK channel, the major players, the main trends, and consumer attitudes. The retail parks market will outgrow total offline growth over the five years to 2022, rising 13.8%. The increase in space, including new retail park openings and the extension of current parks, will drive growth, as will the changing tenant mix, which will attract new retail park
Retail Scales
To enhance the portfolio and offering to the UK retail trade. Bizerba (UK) Ltd have expanded their offering of products to the portfolio. To accompany the additional products an added service to the retail trade is on site viewings. The service includes the entire retail product range which includes software and Meat and food slicers. All you have to do is contact Bizerba and book an appointment with the local
Retail Store Lighting Bringing Back Sheen to Retail Stores
High efficient retail store lighting from Energy Concerns Luminaire & Supply brings back the sheen of retail stores. 23 Feb 2011: Energy Concerns Luminaire & Supply Ltd. (ECL), a leading online supplier of quality LED lighting products in China, introduces environment friendly retail store lighting products at a competitive price with the support of cutting edge that adds great lighting effect to the store. These products are highly efficient and available