Region: All Regions Asia Vietnam -
Vietnam Crawler Excavator Market - Strategic Assessment & Forecast 2024-2029
The Vietnam crawler excavator market is expected to grow at a CAGR of 4.41% from 2023 to 2029. Increased Investment in Public Infrastructure Projects In 2024, the Ministry of Transport in Vietnam drafted a road and highway construction plan. The department aimed to connect all highways to main polit ... Read More
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Retail E-Commerce in Vietnam
Retail e-commerce in Vietnam continued to show robust expansion in 2024, driven by a combination of consumer demand for convenience and ongoing economic developments. While Vietnam achieved a higher GDP by the end of 2024 compared to 2023, a considerable number of consumers remain inclined to save r ... Read More
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Retail in Vietnam
In 2024, retail in Vietnam saw positive growth across most channels, driven by improved economic performance and a significant rise in both inbound and local tourism. The country welcomed substantially more visitors than the previous years, supporting sales in modern retail outlets such as convenien ... Read More
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Supermarkets in Vietnam
In 2024, development of supermarkets in Vietnam was marked by notable expansion, as evidenced by a substantial rise in the total value of sales and the opening of numerous new outlets. Major players such as WinMart have helped power this progress, partly through sustained investment strategies and p ... Read More
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Hypermarkets in Vietnam
Hypermarkets in Vietnam recorded strong expansion and rising current value sales in 2024, propelled by leading brands such as AEON, Co-opXtra, and Go!, with Go! maintaining its dominant position. The channel’s notable growth is evident in both the number of new outlets and the uplift in value, refle ... Read More
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General Merchandise Stores in Vietnam
In 2024, overall general merchandise stores in Vietnam recorded healthy increases in both current value sales and the number of outlets, partly because of a notable rise in inbound and local tourism. These tourists show a strong appetite for shopping, particularly in major cities such as Hanoi, Da N ... Read More
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Apparel and Footwear Specialists in Vietnam
In 2024, Vietnam’s gross domestic product grows at a faster rate than in the previous year, yet apparel and footwear specialist retailers witnessed a pronounced shift in consumer attitudes. Many people are anxious about ongoing war conflicts that contribute to a fragile economic outlook, prompting t ... Read More
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Convenience Retailers in Vietnam
Convenience stores in Vietnam recorded sustained growth in 2024, particularly in major urban centres such as Ho Chi Minh and Hanoi. A busy and modern lifestyle fuels this trend, and younger consumers - especially Gen Z and students - are increasingly drawn to the wide product selection and air-condi ... Read More
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Small Local Grocers in Vietnam
In 2024, small local grocers in Vietnam continued to feel increasing pressure under growing pressure from modern grocery retailers such as chained convenience stores, including GS25, and smaller supermarkets like WinMart+ or Bach Hoa Xanh. These modern outlets benefit from economies of scale, which ... Read More
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Health and Beauty Specialists in Vietnam
In 2024, health and beauty specialist retailers in Vietnam continued to post solid growth in value sales and outlet numbers. This momentum is being propelled by a surge in both inbound and local tourism. Many international travellers now prioritise buying health and beauty items during their trips, ... Read More
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Home Products Specialists in Vietnam
Home products specialists in Vietnam record a positive growth rate in both current value sales and the number of outlets in 2024, despite a challenging economic environment. Consumers are increasingly inclined to save money and restrict spending on items they perceive as non-essential. An emerging h ... Read More
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Vending in Vietnam
The prevalence of vending machines in Vietnam is minimal, while small family-owned stores, street vendors and convenience stores are widespread throughout the country. As a result, demand for vending machines is relatively low. In addition, vending machine maintenance in Vietnam is risky in terms of ... Read More
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Appliances and Electronics Specialists in Vietnam
In 2024, appliances and electronics specialists in Vietnam began to experience a modest recovery, following a challenging period marked by shifting economic conditions. The economy’s gradual upturn provided a platform for slight growth in both retail value sales and number of outlets. Although this ... Read More
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Direct Selling in Vietnam
Direct selling in Vietnam shows signs of a gradual turnaround in 2024, buoyed by a healthier national economy and the rising trend for health and beauty products. Even though consumers remain cautious about their spending habits - largely due to ongoing wars in other regions and a persistent desire ... Read More
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Cafés/Bars in Vietnam
Cafes/bars witnessed current value growth in Vietnam in 2024, with the number of outlets also rising, supported by the increase in inbound tourism during the year. According to the Ministry of Tourism, Vietnam welcomed 17.5 million inbound tourists, nearly 39% more than in the previous year. This fa ... Read More
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Consumer Foodservice in Vietnam
Overall, consumer foodservice registered robust current value growth in Vietnam in 2024. The country continued to experience economic difficulties during the year, which posed various challenges for the consumer foodservice industry, including rising food prices, transportation fees and labour costs ... Read More
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Street Stalls/Kiosks in Vietnam
Street stalls/kiosks saw current value growth in Vietnam in 2024. During the year, chained street stalls/kiosks continued to record a stable and positive performance despite economic challenges. The majority of chained street stalls/kiosks, such as Mixue and Phuc Long, offer a standardised menu and ... Read More
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Full-Service Restaurants in Vietnam
Full-service restaurants registered current value growth in Vietnam in 2024. During the year, full-service restaurants began to implement technologies to not only improve service quality but also to elevate the customer experience. The e-menu replaces the traditional menu by demonstrating a list of ... Read More
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Limited-Service Restaurants in Vietnam
Limited-service restaurants saw current value growth in Vietnam in 2024. During the year, key players increased their adoption of technology to enhance their daily operations. McDonald's pioneered self-order kiosks in Vietnam, allowing customers to place orders and pay for them independently, reduci ... Read More
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Consumer Foodservice By Location in Vietnam
In 2024, consumer foodservice through travel registered the strongest performance in line with the strong growth of inbound arrivals and domestic tourism in Vietnam. A significant policy change was implemented in August 2023. Vietnam introduced electronic visas for citizens of all countries, allowin ... Read More
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Retail Adult Incontinence in Vietnam
Retail value sales of adult incontinence products rose significantly in 2024, thanks to Vietnam's rapidly ageing population. Higher disposable incomes, improved living standards and increased awareness about the importance of choosing the right products for elderly care also fuelled growth. Local co ... Read More
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Tissue and Hygiene in Vietnam
Sales of tissue and hygiene products in Vietnam saw strong growth in both value and volume terms in 2024. This growth was driven by rising income levels and improved living standards, which have enhanced consumer awareness about using the right products for specific purposes. Additionally, product i ... Read More
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Away-From-Home Tissue and Hygiene in Vietnam
Value sales of away-from-home (AFH) rose in 2024, driven by steady economic growth that supports dining out and outdoor activities among both locals and tourists. AFH toilet paper tissues remained the largest category, gaining further ground in 2024. This growth was mainly due to increased governmen ... Read More
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Retail Tissue in Vietnam
Value sales of retail tissue rose strongly in Vietnam in 2024, driven by higher incomes and improved living standards. Consumers are increasingly choosing specialised products for specific purposes, such as facial tissues, napkins, and so on. In rural areas, however, many Vietnamese still rely on to ... Read More
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Nappies/Diapers/Pants in Vietnam
Value sales of nappies/diapers/pants in Vietnam rose in 2024, driven by higher income levels and improved hygiene standards, encouraging parents to spend more on quality products for their babies. Although birth rates in major cities such as Ho Chi Minh and Hanoi continue to decline, growth has been ... Read More
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