Vietnam is the world’s sixth most attractive emerging market for retail investment, says a new study by consultant A.T. Kearney. Another study says retail sales grew from $24 billion in 2005 to $39 billion last year.
Vietnam currently has more than 1,000 convenience stores, 250 supermarkets, and 9,000 traditional markets. The government says retail sales and service revenue in the first nine months of this year rose 19% to $47 billion. The retail market is projected to generate $85 billion in revenue in 2012.
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