Market Research Logo

Vietnam Consumer & Retail Report Q2 2018

BMI Industry View
Consumer Outlook
SWOT
Consumer & Retail SWOT
Industry Forecast
Consumer Spending
Household Characteristics
Consumer Demographics
Market Overview
Retail Trends
Consumer & Retail Glossary
Methodology

Vietnam Consumer & Retail Report Q2 2018

Robust economic growth and low unemployment will drive strong wage growth in Vietnam over the back end of 2017 and into2018, resulting in a positive outlook for the Vietnamese consumer. We forecast real private consumption to grow by 7.0% over2018, at a constant level from 2017, remaining above the 6.4% average annual growth rate for consumption between 2000 and2016. However, a pick-up in inflation of 3.7% in 2018, up from 3.5% in 2017, will dampen consumer spending over the mediumterm (2018-2022). Vietnam is one of the most promising consumer markets in the Asia Pacific region, along with Indonesia, India,the Philippines and China. We hold the view that the market presents compelling opportunities for consumer-facing companies.


Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook

Share this report

;