The presence of big global brands at an upcoming event in Ho Chi Minh City is expected to lift the retail market in Vietnam, according to the Ministry of Industry and Trade.
The scale of the domestic retail market is expected to increase from 142 billion USD at present to 350 billion USD by 2025, contributing 59 per cent of the national GDP, according to the Ministry of Industry and Trade (MoIT).
Vietnam s domestic retail sales are expected to increase from $142 billion at present to $350 billion by 2025, contributing 59% of the national GDP, according to the Ministry of Industry and Trade (MoIT). - VnExpress International
With several signs of return of investors and higher demand, Vietnam s retail sector is expected to recover this year after the problems witnessed due to the COVID-19 pandemic,.