Laundromat market displays fast growth

Statistics from the Industry and Trade Ministry in May 2022 showed that the size of Vietnam's commercial laundry market was estimated at US$205mil per year with a growth rate of 6%, higher than the Asian average of 3.6%. — Photo from Internet

HO CHI MINH CITY: Vietnam is a huge potential market for the laundromat business, thanks to its fast-growing economy and big population, business experts say.

Statistics from the Industry and Trade Ministry in May 2022 said that the size of the country’s commercial laundry market was estimated at US$205mil per year with a growth rate of 6%, higher than the Asian average of 3.6%.