Vietnam's retail market proves attractive for foreign investors

People shopping at a supermarket in Hanoi. - VNS

HANOI (Vietnam News/Asia News Network): Vietnam is becoming an attractive retail market for companies all over the world with many regional and global FDI investors recently announcing plans to increase capital and expand distribution networks here.

According to the Ministry of Industry and Trade, the Vietnamese retail market is worth US$142 billion and is expected to increase nearly 2.5 times to $350 billion by 2025.