Potential investment market for retailers


Vietnam’s retail market has a scale of more than US$142bil, 16% of which comes from eCommerce, according to the Industry and Trade Ministry. — Vietnam News

HANOI: Vietnam, with a population of nearly 100 million people, is considered a potential investment market for famous retailers around the world and therefore, many foreign retailers have enhanced their investments.

According to the Industry and Trade Ministry, Vietnam’s retail market has a scale of more than US$142bil, 16% of which comes from eCommerce. This scale is forecast to increase to US$350bil, or nearly 2.5 times higher, by 2025.

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