Từ khóa: #retailers

These days, the spring atmosphere pervades Sa Dec flower village in the Mekong delta province of Dong Thap, one of the largest flower villages in the delta.

Vietnam is becoming increasingly more and more attractive in the eyes of foreign retail giants. Despite global fluctuations some big international retailers are making ambitious plans to expand their foothold in the Vietnamese market, mainly due to a stable growth structure in Vietnam.

Retailers have begun to fill their warehouses ahead of end of year peak sales.

On the afternoon of June 22, some commercial centers, supermarkets, and markets in Ho Chi Minh City informed that the purchasing power had gradually improved after nearly ten days of implementing a large-scale concentrated promotion program. This year, the Department of Industry and Trade of HCMC, in collaboration with the Department of Tourism, the Department of Health, and enterprises, have offered discounts from 10 percent to 90 percent, even up to 100 percent at some places for customers.

The fourth wave of the Covid-19 pandemic has caused many enterprises to shut down completely. This is because consumers have tightened spending, which has seriously hit both wholesale and retail markets. However, despite this setback, the retail industry was still able to achieve new sales record in 2021, surpassing US$173 billion.

It was recorded that the retail system in Ho Chi Minh City was quite deserted, with 100 percent of traditional markets and more than 50 percent of retail systems closed, and the number of customers dropping by nearly 100 percent on the morning of August 23 - the first day that HCMC strengthens control on social distancing following Directive No.16.

According to Saigon Co.op, thanks to the preparation of large quantities of goods, essential, price-stabilized, dried, and frozen goods will be supplied to the market regularly in the next six months. Fresh food items are also being supplied stably and transported smoothly, so there will not be significant fluctuations in the next few months.

Over the past years, with the advantage of a potential distribution market thanks to a large population size of 96 million people, and young population structure with 60 percent of the population at the age from 18 to 50, along with other favorable factors, the wave of domestic and foreign direct investment capital has continued to pour into the retail industry of Vietnam.