Vietnam retail market will boom in 2 years
At the conference in retail and distribution in Vietnam (VN) held in Ho Chi Minh City, Mr. Fabrice Carrasco, an expert in the retail sector of the company TNS Vietnam, evaluation, retail market in Vietnam's current but still smaller than some countries in the region such as Thailand, Malaysia, the Philippines, the consumption habits of Vietnam is changing rapidly.

Forecast, in two or three years will have many foreign retail presence in the market, with trade centers, supermarket scales much larger than the business premises of the supermarket today. According to research company RNCOS Market Research (USA), retail sales in the market will reach about 85 billion USD in 2012. In 2008, retail sales in Vietnam reach 23.7 billion and is expected to reach 39 billion USD in 2009.

Bui Ngoc Hong, consultants laws for foreign investment in the company Indochine Counsel (IC), said, retailers tend to learn foreign investment market is growing in recently. Particular IC has supported successful and complete records for seven foreign retailers to invest in Vietnam and will soon be present in Vietnam market in two years.

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