Vietnam retail market blooming in 2011

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.

Tags: vietnam retail industry, Vietnam retail market

Posted by VBN on Apr 22 2011. Filed under Retail. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry